Is this correct? IF not, please indicate where. Also, if I have
left out any calculations explaining, please add... Thank you.
Question 1
Pottery Manufacturing Limited
has projected sales and production in units for the second quarter
of the coming year as follows:
October
November
December
Sales
50,000
40,000
60,000
Production
60,000
50,000
50,000
Cash-related
production costs are budgeted at $5 per unit produced. Of these
production costs, 40% are paid in the month in which they are
incurred and...