Zahn Co. predicts sales of 254 units in May and 580 units in June. Each months ending inventory should be 25% of the next months sales. The April 30 ending finished goods inventory is 140 units. Compute budgeted production (in units) for May. -------

Grace manufactures and sells miniature digital cameras for $280 each. 1,600 units were sold in May, and management forecasts 4% growth in unit sales each month. (a) Determine the number of units of camera sales for the month of June. (b) Determine the dollar amount of camera sales for the month of June.

-------

Zilly Co. predicts sales of $155,000 for June. Zilly pays a sales manager a monthly salary of $6,800 and a commission of 8% of that months sales dollars. Prepare a selling expense budget for the month of June.

-------

Liza's predicts sales of $45,000 for May and $60,000 for June. Assume 60% of Lizas sales are for cash. The remaining 40% are credit sales; credit customers pay in the month following the sale. Compute the budgeted cash receipts for June.

-------

Zortek Corp. budgets production of 470 units in January and 250 units in February. Each finished unit requires one pounds of raw material Z, which costs $4 per pound. Each months ending inventory of raw materials should be 30% of the following months budgeted production. The January 1 raw materials inventory has 140 pounds of Z. Prepare a direct materials budget for January.

-------

Tora Co. plans to produce 1,180 units in July. Each unit requires four hours of direct labor. The direct labor rate is $13 per hour. Prepare a direct labor budget for July.

-------

Scora, Inc., is preparing its master budget for the quarter ending March 31. It sells a single product for $40 per unit. Budgeted sales for the next three months follow.

	January		February		March
Sales in units	1,200		2,500		1,400

Prepare a sales budget for the months of January, February, and March.

------

X-Tel budgets sales of $80,000 for April, $105,000 for May, and $80,000 for June. In addition, sales are 50% cash and 50% on credit. All credit sales are collected in the month following the sale. The April 1 balance in accounts receivable is $18,000. Prepare a schedule of budgeted cash receipts for April, May, and June.

------

X-Tel budgets sales of $68,000 for April, $88,000 for May, and $68,000 for June. In addition, sales commissions are 10% of sales dollars and the company pays a sales manager a salary of $6,800 per month. Sales commissions and salaries are paid in the month incurred. Prepare a selling expense budget for April, May, and June.

-------

Champ, Inc., predicts the following sales in units for the coming two months. Each months ending inventory of finished units should be 60% of the next months sales. The April 30 finished goods inventory is 168 units.

	May		June
Sales in units	280		260

Compute budgeted production (in units) for May.