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show all working 6. Caribbean Motors Ltd. (CML) in Belize City manufactures motor vehicle. Its budgeted sales for Great Wall Wingle 7 in 2021 are
show all working 6. Caribbean Motors Ltd. (CML) in Belize City manufactures motor vehicle. Its budgeted sales for Great Wall Wingle 7 in 2021 are 1,900 units. CML has beginning inventory of 500 units, and its target ending inventory is 800 units. The company's budgeted selling price is $52,000 per unit. To keep costs low, CML purchases all its wheels from its sister company, Caribbean Tire Wholesale Ltd. Each vehicle requires four wheels plus one spare wheel. The company's beginning inventory is 18,500 wheels, and its target ending inventory is 27,000 wheels. The budgeted purchase price is $175 per wheel Required: (i) Compute the budgeted revenue for 2021. (1 point) () Compute the number of vehicles that CML should produce (4 points) (i) Compute the budgeted purchases of wheels in units and in dollars. (5 points)
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