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The marketing department of Payero Corporation has submitted the following se on account) Budgeted unit sales 1st Quarter 2nd Quarter 3rd Quarter 4th Qu 12,100
The marketing department of Payero Corporation has submitted the following se on account) Budgeted unit sales 1st Quarter 2nd Quarter 3rd Quarter 4th Qu 12,100 13,100 15,100 The selling price of the company's product is $20 per unit. Management exper sales are made, 20% in the following quarter, and 5% of sales are expected to receivable, all of which is expected to be collected in the first quarter, is $72.4 The company expects to start the first quarter with 2,420 units in finished go goods inventory in each quarter equal to 20% of the next quarter's budgeted the fourth quarter is 2,620 units. Required: 1. Calculate the estimated sales for each quarter of the fiscal year and for the 2. Calculate the expected cash collections for each quarter of the fiscal year 3. Calculate the required production in units of finished goods for each quan Complete this question by entering your answers in the tabs below.
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