E8.

1/
May June
Budgeted sales
Actual sales 430000 540000
Total Sales 430000 540000
Schedule OF Expexted Cash Collections
July August
Cash collection from May Sales(567) ($) 43000
Cash collection from June sales ( 678)($) 378000 54000
Cash collection from July sales(789)($) 120000 420000
Cash collection from August Sales(89) ($) 180000
Cash Collection from September($)
Total Cash Collections ($) 541000 654000
2/
Total accounts receivable as of 9/30 490000
( included 10% from August sale and 80% from September sales)

E8.2
Production budget
July August
Budgeted sales in units 30000 45000
Add Desired units in ending inventory 4500 6000
Total units needed 34500 51000
Estimated units in Beginning inventory 3000 4500
Total units to be produced 31500 46500

The inventory at the end of June 3000

E8.3 Direct materials budget

Budgeted direct materials costs
1st quarter 2nd quarter
Total units to be produced 60000 90000
Standard quantity per unit of DM 3 3
Total Materials needs for production( chip) 180000 270000
Desired ending materials inventory 54000 90000
Total chips needed 234000 360000
Estimated beginning chips inventory 36000 54000
Standard price per unit of DM 2 2
Budgeted DM costs 360000 540000
Material to be purchased chip 198000 306000
Total DM purchases ($) 396000 612000
 Sửa theo cô
July
July August September Sales revevnue 600000
600000 900000 500000

600000 900000 500000

September Total
43000 20% collected in month of sale
432000 70% collected in month of sale
60000 600000 10% collected in month of sale
630000 810000
100000 100000
790000 1985000

September Quarter
60000 135000
5000 5000
65000 140000
6000 3000
59000 137000

als costs
3rd quarter 4th quarter Year 2
150000 100000 400000
3 3 3
450000 300000 1200000
60000 48000 48000 Desired ending materials inventory of 4th quarter equal 2
510000 348000 1248000 20%(80000*3)=48000
90000 60000 36000
2 2 2
900000 600000 2400000
420000 288000 1212000
840000 576000 2424000
 August SeptemberTotal 3rd Q
900000 500000 2000000

ventory of 4th quarter equal 20% of total material needs for production of first quarter year3= 20%(80000*2)
 CASH BUDGET
1st quater 2nd quater 3rd quater 4th quater
I. Beginning cash balance 50000 30000 74900 54900
II. Cash collections
Total cash receipts 340000 670000 410000 470000
Total cash availabale 390000 700000 484900 524900
III. Cash disbursements
Total dispursements 530000 450000 430000 480000
IV. Excess (deficiency) -140000 250000 54900 44900
V. Financing
+ Borrowing 170000 0 0 0
+ Repayments 0 170000 0 0
+Interest 0 5100 0 0
Total ending borrowing balance 170000 0 0 0
VI. Ending cash balance 30000 74900 54900 44900
Year
50000

1890000
1940000

1890000
50000

170000
170000
5100
0
44900