total_budgeted_cash_collection

May 19th, 2015
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finance ..........................................................................................................................

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1) Total Budgeted cash collection in December = Cash Sale + Credit Sale of December *(1-4%) * 65% + + Credit Sale of November *(1-4%) * 35%Total Budgeted cash collection in December = 125000 + 450000 *(1-4%) * 65% + 288000 *(1-4%) * 35%Total Budgeted cash collection in December = $ 502,5682) Budgeted Beginning Inventory in November = Total Sale in November * Purchase Cost Percenatge * 75%Budgeted Beginning Inventory in November = 384000*60%*75%Budgeted Beginning Inventory in November = $ 172,8003) Budgeted Ending Inventory in November = Total Sale in December * Purchase Cost Percenat

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