The TS Company estimated sales in units for the year 2018 follow: Details . . . . . . . . . . . . . . . . . Quarter 1 . . . Quarter 2 . . . Quarter 3 . . . Quarter 4 Sales in units. . . . . . . . . . . . . . 9500 . . . . . . 11100 . . . . . . 13400 . . . . . . 15200 Sales will not change in Quarter 1 of 2019 from the previous quarter. Management prefers to hold ending inventory of finished goods equal to 23% of the following quarter's sales.

a)Prepare the company's production budget for the year

ABC Company provides security merchandizes. The companys controller has compiled the following information before the start of 2020: Details . . . . . . . . . . . . . . . . . Nov 19 ($) . . . Dec 19 ($) . . . Jan 20 ($) . . . Feb 20 ($) . . . Mar 20 ($) . . . Apr 20 ($) Sales . . . . . . . . . . . . . . . . . . . . . . 32100 . . . . . . 35700 . . . . . . 23000 . . . . . . 18900 . . . . . . . 28300 . . . . . . 31000 50% of the sales are cash sales collected during the month of sale; 20% are collected in the first month following the sale; and 30% are collected in the second month following the sale.

b)Prepare quarterly the expected cash collection schedule