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Homework answers / question archive / The marketing department of Graber Corporation has subm

The marketing department of Graber Corporation has subm

Accounting

The marketing department of Graber Corporation has subm.ed the following sales .recast for the upcoming fiscal year. 
15,200 19,200 15,200 
The selling price of the company's product 0 $24.00 per unit Management expects to collect SO% of sales In the quarter In which the sales are made anc1156 In the following quarter, a. 56 of sales are expected to be uncollectIble. T. beginning balance of accoun0 receivable, all &which 0 expected to be collected in rte fi. quarter, 0 $613,000. T. company expects to start rtefl. quarter with 3,400 units in finished goods Inventory. Management desires an ending finished goods inventory in ea. quarter equal to 206 of rte next quarter, budg.ed sales. The desired ending finished goods inventory for the fourth quarter Is 3,600 unlrt. 
Require. 1-e. Compute the company's t.al sales. 
1 st Quarter 
Total Sales 
end Quarter 
3rd Quarter 
1-b. Complete the schedule &expected cash collections. 
2. Prepare.. company's production laudgM for Me upcoming fiscal year. 

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