DO THE REVENUE BUDGET FOR JAN AND FEB iHosn: Statistics Budget: RVUS (1]
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- owa Imaging Center provided the financial information in Exhibit 5.15 below. Prepare a cash budget for the quarter ending March 20X1. For Blackboard you will enter your ENDING cash balance for the months of January 20X1, February 20X1, March 20X1, and the Quarter ending March 20X1. I want you to submit your work for this problem by email so I can review the entire document. Exhibit 5-15 Iowa Imaging Center Givens Revenues and Expenses Patient Revenues, 20X0 Estimated Patient Revenues, 20X1 Given 1 October $4,000,000 Given 2 January $4,300,000 November $4,200,000 February $4,350,000 December $4,300,000 March $4,400,000 Other Revenues, 20X1 Estimated Cash Outflows, 20X1a Given 3 January $90,000 Given 4 January $4,250,000…please help me provide the 1st,2nd,3rd, and 4th quarter budget sales of martins sales budget. to be answered: ( 1st picture) example of format is attached ( 2nd picture)Good night please answer d,e and question 2 Makers Ltd. manufactures and sells two products, Abba and Baba. In July 2018 Makers’Budget Department gathered the following data in order to prepare the individual budgets inthe master budget for 2019: 2019 Projected Sales:Product Unit PriceAbba 80,000 $ 190Baba 60,000 $ 270 2019 Inventories in Units: Expected Target:Product January 1, 2019 December 31, 2019Abba 22,000 26,000Baba 9,000 10,000 To produce 1 unit of Abba and Baba, the following direct materials are used:Direct Material Unit Abba BabaA Pounds 5 6B Pounds 3 4C…
- Q. Prepare a revenues budget for the year, assuming that Ever Clean charges customers $0.60 per square foot.Classique Household Furnishings & Appliances is a family-owned furniture store. You are themanagement accountant of the concern and have been given the task of preparing the cash budget for thebusiness for the quarter ending September 30, 2018. Your data collection has yielded the following:i) Extracts from the sales and purchases budgets are as follows: MonthCashSalesSalesOn AccountPurchasesOn AccountMay $50,000 $480,000 $390,000June $65,000 $600,000 $360,000July $43,400 $720,000 $450,000August $52,800 $640,000 $400,000September $56,750 $800,000 $500,000ii) An analysis of the records shows that trade receivables (accounts receivable) for sales on accountare settled according to the following credit pattern, in accordance with the credit terms 5/30, n90:50% in the month of sale35% in the first month following the sale15% in the second month following the saleiii) Accounts payable are settled as follows, in accordance with the credit terms – 4/30, n60:70% in the month in which the…Classique Household Furnishings & Appliances is a family-owned furniture store. You are themanagement accountant of the concern and have been given the task of preparing the cash budget for thebusiness for the quarter ending September 30, 2018. Your data collection has yielded the following:i) Extracts from the sales and purchases budgets are as follows:MonthCashSalesSalesOn AccountPurchasesOn AccountMay $50,000 $480,000 $390,000June $65,000 $600,000 $360,000July $43,400 $720,000 $450,000August $52,800 $640,000 $400,000September $56,750 $800,000 $500,000ii) An analysis of the records shows that trade receivables (accounts receivable) for sales on accountare settled according to the following credit pattern, in accordance with the credit terms 5/30, n90:50% in the month of sale35% in the first month following the sale15% in the second month following the saleiii) Accounts payable are settled as follows, in accordance with the credit terms – 4/30, n60:70% in the month in which the…
- Creat an initial budget sheet showing the sistribution of $100,000 use the example's format on EXCEL.G & J Merchandising & More is a family-owned auto-parts store. You are the managementaccountant of the concern and have been given the task of preparing the cash budget for thebusiness for the quarter ending March 31, 2021. Your data collection has yielded the following:(i) Extracts from the sales and purchases budgets are as follows:MonthNovember 2020 – March 2021CashSalesSalesOnAccountPurchasesNovember $151,100 $480,000 $390,000December $145,500 $600,000 $360,000January $159,025 $700,000 $505,000February $169,350 $650,000 $400,000March $176,200 $800,000 $518,000(ii) An analysis of the records shows that trade receivables (accounts receivable) are settledaccording to the following credit pattern, in accordance with the credit terms 2/30, n90:45% in the month of sale30% in the first month following the sale25% in the second month following the sale(iii) Expected purchases include cash purchases of $25,000 in January and $18,000 in March.All other purchases are on account.…G & J Merchandising & More is a family-owned auto-parts store. You are the managementaccountant of the concern and have been given the task of preparing the cash budget for thebusiness for the quarter ending March 31, 2021. Your data collection has yielded the following:(i) Extracts from the sales and purchases budgets are as follows:MonthNovember 2020 – March 2021CashSalesSalesOnAccountPurchasesNovember $151,100 $480,000 $390,000December $145,500 $600,000 $360,000January $159,025 $700,000 $505,000February $169,350 $650,000 $400,000March $176,200 $800,000 $518,000(ii) An analysis of the records shows that trade receivables (accounts receivable) are settledaccording to the following credit pattern, in accordance with the credit terms 2/30, n90:45% in the month of sale30% in the first month following the sale25% in the second month following the sale(iii) Expected purchases include cash purchases of $25,000 in January and $18,000 in March.All other purchases are on account.…
- G & J Merchandising & More is a family-owned auto-parts store. You are the managementaccountant of the concern and have been given the task of preparing the cash budget for thebusiness for the quarter ending March 31, 2021. Your data collection has yielded the following:(i) Extracts from the sales and purchases budgets are as follows:MonthNovember 2020 – March 2021CashSalesSalesOnAccountPurchasesNovember $151,100 $480,000 $390,000December $145,500 $600,000 $360,000January $159,025 $700,000 $505,000February $169,350 $650,000 $400,000March $176,200 $800,000 $518,000(ii) An analysis of the records shows that trade receivables (accounts receivable) are settledaccording to the following credit pattern, in accordance with the credit terms 2/30, n90:45% in the month of sale30% in the first month following the sale25% in the second month following the sale(iii) Expected purchases include cash purchases of $25,000 in January and $18,000 in March.All other purchases are on account.…G & J Merchandising & More is a family-owned auto-parts store. You are the managementaccountant of the concern and have been given the task of preparing the cash budget for thebusiness for the quarter ending March 31, 2021. Your data collection has yielded the following:(i) Extracts from the sales and purchases budgets are as follows:MonthNovember 2020 – March 2021CashSalesSalesOnAccountPurchasesNovember $151,100 $480,000 $390,000December $145,500 $600,000 $360,000January $159,025 $700,000 $505,000February $169,350 $650,000 $400,000March $176,200 $800,000 $518,000(ii) An analysis of the records shows that trade receivables (accounts receivable) are settledaccording to the following credit pattern, in accordance with the credit terms 2/30, n90:45% in the month of sale30% in the first month following the sale25% in the second month following the sale(iii) Expected purchases include cash purchases of $25,000 in January and $18,000 in March.All other purchases are on account.…G & J Merchandising & More is a family-owned auto-parts store. You are the managementaccountant of the concern and have been given the task of preparing the cash budget for thebusiness for the quarter ending March 31, 2021. Your data collection has yielded the following:(i) Extracts from the sales and purchases budgets are as follows:MonthNovember 2020 – March 2021CashSalesSalesOnAccountPurchasesNovember $151,100 $480,000 $390,000December $145,500 $600,000 $360,000January $159,025 $700,000 $505,000February $169,350 $650,000 $400,000March $176,200 $800,000 $518,000(ii) An analysis of the records shows that trade receivables (accounts receivable) are settledaccording to the following credit pattern, in accordance with the credit terms 2/30, n90:45% in the month of sale30% in the first month following the sale25% in the second month following the sale(iii) Expected purchases include cash purchases of $25,000 in January and $18,000 in March.All other purchases are on account.…
