please i need help in this problem. please write in computer the aswered BE23-2
ID: 2563000 • Letter: P
Question
please i need help in this problem. please write in computer the aswered
BE23-2 Paige Company estimates that unit sales will be 10,000 in quarter 1, 14,000 in quarter 2, 15,000 in quarter 3, and 18,000 in quarter 4. Using a sales price of $70 per unit, prepare the sales budget by quarters for the year ending December 31, 2017 BE23-3 Sales budget data for Paige Company are given in BE23-2. Management desires to have an ending finished goods inventory equal to 25% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first 6 months of 2017.Explanation / Answer
Dear Student Thank you for using Chegg Please find below the answer and please give thumbs up BE23-2 Dear Student Thank you for using Chegg Please find below the answer and please give thumbs up Statementshowing Computations Paticulars Q1 Q2 Q3 Q4 Unit sales 10,000.00 14,000.00 15,000.00 18,000.00 Sales price per unit 70.00 70.00 70.00 70.00 Sales revenue 700,000.00 980,000.00 1,050,000.00 1,260,000.00 BE23-3 Unit sales 10,000.00 14,000.00 15,000.00 18,000.00 Ending Inventory = 25%*Next quarter Sales 3,500.00 3,750.00 4,500.00 Beginning Inventory = Ending Inventory of prev Qtr 2,500.00 3,500.00 3,750.00 Production in Units = Sales + Ending - Beginning 11,000.00 14,250.00 15,750.00
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