Order
Toll-free 24/7:
+1 725-224-8795
Order

Jessi corporation estimated collections and required production

Author:
March 15th, 2020

[ad_1]

The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year (all sales are on account):

budgeted unit sales

1st Quarter 11700

2nd Quarter 12700

3rd Quarter 14700

4th Quarter 13700

The selling price of the company’s product is $16 per unit. Management expects to collect 75% of sales in the quarter in which the sales are made, 20% in the following quarter, and 5% of sales are expected to be uncollectible. The beginning balance of accounts receivable, all of which is expected to be collected in the first quarter, is $71,600.

The company expects to start the first quarter with 1,755 units in finished goods inventory. Management desires an ending finished goods inventory in each quarter equal to 15% of the next quarter’s budgeted sales. The desired ending finished goods inventory for the fourth quarter is 1,955 units.

Required:

1 Calculate the expected cash collections for each quarter of the fiscal year and for the year as a whole.

quarter 1-4 and year?

2 Calculate the required production in units of finished goods for each quarter of the fiscal year and for the year as a whole

quarter 1-4 and year?

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Australia Assessments
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Education
Excellent.
Customer 462865, April 18th, 2022
Business and administrative studies
Impeccable.
Customer 459947, April 6th, 2022
Business and administrative studies
Excellent.
Customer 460073, July 9th, 2022
Quora
The instructions were followed but, there are a few mistakes you should correct
Customer 452441, March 25th, 2022
Political science
Great Job Bless your heart and soul
Customer 453983, February 7th, 2020
History
Just impeccable!
Customer 463001, May 19th, 2022
History
The work was of amazing quality and was even better than I could have imagined.
Customer 454439, June 1st, 2020
Psychology
I did not receive my paper on time; however, John ensured that I received a quality paper. If the paper is not going to be delivered on the indicated deadline, please communicate that because deadlines are important in college.
Customer 452455, March 16th, 2023
Marketing & Advertising
Always capitalize in AP style.
Customer 452441, April 1st, 2022
Public Relations (PR)
They did a good Job, with minor mistake, however will use again
Customer 452621, February 9th, 2020
English 101
Thanks for helping me out.
Customer 463847, February 22nd, 2023
English 101
You guys rock! Plenty of work to spin it and personalize it. And most importantly, on time!
Customer 462833, April 9th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat