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The marketing department of Jeuad Corporation has submitted the following a forecast for the upcoming calates on account 12.00 The selling price of the company's
The marketing department of Jeuad Corporation has submitted the following a forecast for the upcoming calates on account 12.00 The selling price of the company's product is $23 per unit Management expects to collect 65% of sales in the curtain which the sales are made, 30% In the following quarter and 5% of sales are expected to be uncollectible. The beginning balance of receivable, all of which is expected to be collected in the first quarter, is $73.000 The company expects to start the first quarter with 2.480 units in finished goods inventory Management desires an ending finished goods Inventory in each quarter equal to 20% of the next quarter's budgeted sales. The desired ending finished goods Inventory for the fourth quarter is 2,680 units equired: Calculate the estimated sales for each quarter of the fiscal year and for the year as a whole Calculate the expected cash collections for each quarter of the fiscal year and for the year as a whole. Calculate the required production in units of finished goods for each quarter of the facut year and for the year as a whole. compiute the question by entering your answers in the tabs below. mund 1 Aquired 2 Required culate the required production in units of finished goods for each quarter of the fiscal year and for the year as a whole Year father water and Quarter 4th Quarter 12,600 me production in units Required 2
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