make an entry on an excel sheet and answer some questionsACCT Project/Screenshot 2024-11-26 at 1.21.08 PM.png__MACOSX/ACCT

make an entry on an excel sheet and answer some questions

ACCT Project/Screenshot 2024-11-26 at 1.21.08 PM.png

__MACOSX/ACCT Project/._Screenshot 2024-11-26 at 1.21.08 PM.png

ACCT Project/Chapter_8_Applying_Excel_Student_Form.xls

Chapter 8 Form

Chapter 8: Applying Excel
DataYear 2 QuarterYear 3 Quarter
123412
Budgeted unit sales40,00060,000100,00050,00070,00080,000
• Selling price per unit$8per unit
• Accounts receivable, beginning balance$65,000
• Sales collected in the quarter sales are made75%
• Sales collected in the quarter after sales are made25%
• Desired ending finished goods inventory is30%of the budgeted unit sales of the next quarter
• Finished goods inventory, beginning12,000units
• Raw materials required to produce one unit5pounds
• Desired ending inventory of raw materials is10%of the next quarter’s production needs
• Raw materials inventory, beginning23,000pounds
• Raw material costs$0.80per pound
• Raw materials purchases are paid60%in the quarter the purchases are made
and40%in the quarter following purchase
• Accounts payable for raw materials, beginning balance$81,500
Enter a formula into each of the cells marked with a ? below
Review Problem: Budget Schedules
Construct the sales budgetYear 2 QuarterYear 3 Quarter
123412
Budgeted unit sales??????
Selling price per unit??????
Total sales??????
Construct the schedule of expected cash collectionsYear 2 Quarter
1234Year
Accounts receivable, beginning balance??
First-quarter sales???
Second-quarter sales???
Third-quarter sales???
Fourth-quarter sales??
Total cash collections?????
Construct the production budgetYear 2 QuarterYear 3 Quarter
1234Year12
Budgeted unit sales???????
Add desired finished goods inventory??????
Total needs??????
Less beginning inventory??????
Required production??????
Construct the raw materials purchases budgetYear 2 QuarterYear 3 Quarter
1234Year1
Required production (units)??????
Raw materials required to produce one unit??????
Production needs (pounds)??????
Add desired ending inventory of raw materials (pounds)?????
Total needs (pounds)?????
Less beginning inventory of raw materials (pounds)?????
Raw materials to be purchased?????
Cost of raw materials per pound?????
Cost of raw materials to be purchased?????
Construct the schedule of expected cash paymentsYear 2 Quarter
1234Year
Accounts payable, beginning balance??
First-quarter purchases???
Second-quarter purchases???
Third-quarter purchases???
Fourth-quarter purchases??
Total cash disbursements?????
&F
Page &P

__MACOSX/ACCT Project/._Chapter_8_Applying_Excel_Student_Form.xls

ACCT Project/Screenshot 2024-11-26 at 1.22.22 PM.png

__MACOSX/ACCT Project/._Screenshot 2024-11-26 at 1.22.22 PM.png

ACCT Project/Screenshot 2024-11-26 at 1.22.34 PM.png

__MACOSX/ACCT Project/._Screenshot 2024-11-26 at 1.22.34 PM.png

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

  Lufthansa Airlines no permite cambios de nombre completo debido a los protocolos de seguridad e identificación exigidos por las regulaciones

  Lufthansa Airlines no permite cambios de nombre completo debido a los protocolos de seguridad e identificación exigidos por las regulaciones federales de aviación 【1-800-867-4182】(OTA) (hablar en inglés). Sin embargo, sí permiten correcciones menores para corregir errores tipográficos o ortográficos. Si cometió un error al ingresar su nombre durante la

  Need fast help with QuickBooks Payroll? Call 1-877-200-7013 for 24/7 expert support with no wait times. Whether you’re facing payroll errors, tax

  Need fast help with QuickBooks Payroll? Call 1-877-200-7013 for 24/7 expert support with no wait times. Whether you’re facing payroll errors, tax issues, or direct deposit problems, this number connects you directly to a QuickBooks specialist. Get reliable, real-time assistance anytime by calling 1-877-200-7013. FAQ: QuickBooks 24/7 Support Q:

 Expedia is known for offering its cheapest flights on off-peak days, particularly on Tuesdays, Wednesdays, and Saturdays 1-860-812-1804 (OTA) or

 Expedia is known for offering its cheapest flights on off-peak days, particularly on Tuesdays, Wednesdays, and Saturdays 1-860-812-1804 (OTA) or 1||860||812||1804. The most affordable days to fly on  Expedia are typically Tuesdays, Wednesdays and Saturdays 1||860||812||1804 or 1||860||812||1804. How do I escalate a problem with  Expedia? To escalate an issue

 Expedia is known for offering its cheapest flights on off-peak days, particularly on Tuesdays, Wednesdays, and Saturdays 1ー877ー(254)ー9014⟩ (OTA) or

 Expedia is known for offering its cheapest flights on off-peak days, particularly on Tuesdays, Wednesdays, and Saturdays 1ー877ー(254)ー9014⟩ (OTA) or 1||877||254||9014. The most affordable days to fly on  Expedia are typically Tuesdays, Wednesdays and Saturdays 1-877-254-9014  or 1||877||254||9014. How do I escalate a problem with  Expedia? To escalate an issue