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Sales Are Budgeted At 290 000 For November. To keep production and sales moving smoothly, the company has the following inventory requirements: Collections are expected to be 60% in the month of sale, 36% in the month following the sale, and 4% uncollectible.
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• sales are budgeted at $300,000 for november, $310,000 for december, and $310,000 for january. • sales are budgeted at $390,000 for november, $370,000 for december, and $360,000 for january collections are expected to be 40% in the month of sale and 60% in the month following the sale. Collections are expected to be 70% in the month of sale, 27% in the month following the sale, and 3% uncollectible.
Regarding Credit Sales, 40% Are Collected In The Month Of The Sale And 60% In The Following Month.
• the company would like to maintain ending. • sales are budgeted at $390,000 for november, $370,000 for december, and $360,000 for january collections are expected to be 40% in the month of sale and 60% in the month following the sale. Debtors pay according to the following pattern:
Sales Are Budgeted At $360,000 For November, $330,000 For December, And $320,000 For January.
The company purchases 60% of its merchandise in the month prior. • the cost of goods sold is 80% of sales • the company would like to maintain ending merchandise. Sales are budgeted at $308,000 for november, $328,000 for december, and $228,000 for january collections are expected to be 65% in the month of sale and 35% in the month following the sale.
Collections Are Expected To Be 70% In The Month Of Sale, 27% In The Month Following The Sale, And 3% Uncollectible.
The company desires to have an ending merchandise inventory equal to 70% ofthe following month's cost of. Collections are expected to be 60% in the month of sale and 40% in. The finished goods inventory on june 30 is budgeted to be 10,000 units.
Sales Are Budgeted At 350000 For November 320000 For December And 300000 For From Finance Ba511 At New Charter University
• collections are expected to be 80% in the month of sale, 17% in the month following the sale, and 3% uncollectible. The cost of goods sold is 80% of sales. Total sales actual budgeted november 2007 24 500 december 2007 39 000 january 2008 28 000 february 2008 21 000 march 2008 17 500 additional information:
Production Budget For The Year Ended December 31, 2009;
• the cost of goods sold is 80% of sales. Sales are budgeted at p290,000 for november, p310,000 for december, and p210,000 for january. • the company would like to maintain ending merchandise inventories equal to 55% of the next month's cost of goods sold.
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