# Budgeted Income Statement Assignment

Check my work 5 sales are on the account, with 45 percent of sales collected In percent collected In the following month. The date that follows was extracted from the company&#39;s accounting Badlands, Inc. manufactures a household fan that sells for \$25 per unit nt sele and 10 ports Badlands maintains a minimum cash balance of \$25,000. Total payments in January 20x1ere budgeted at 5190,000. January of period allowing receipts A sched manual 10 120,004 cante receivable From t Print yron February seles 4.700 Acferences March 20×1 sales are expected to total 9.000 units, percent of the following month&#39;s sales. .The December 31, 20×0., balance sheet revealed the following selected figures: cash, \$22,800; accounts receivable, \$110,000; and finished goods, \$22,800. Required: sold in December 20×0. 1 Determine the number its a

3. Compute the total seles revenue Badlands&#39; budgeted income statement for the first quarter of 20×1 o be reported o 5 Calculate the number of units in the December 31, 20vo need ade le Budgeted balance sheet 6 Calculate the number of units of finished goods to be manufactured in January 20×1. 7 Calculate the financing required January, if any, to maintain the firm&#39;s minimum cash balance. December sales B,00 units S 225,000 \$1.782.181 2 March sales revenue First-quarter sales revenue 3 4 March accounts removable balance 123.250 5. December 3 finished-goods inventory. Finished goods to be manufactured 7. Financing required in January January 21,542 units.

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