Assume that Stillwater Designs produces two automotive subwoofers: S12L7 and S12L5. The S12L7 sells for $475, and the S12L5 sells for $300. Projected sales (number of speakers) for the coming five quarters are as follows: First quarter, 2022 Second quarter, 2022 Third Quarter, 2022 Fourth Quarter, 2022 First Quarter, 2023 S12L7 800 2,200 5,600 4,600 900 Required: 1. Units to be produced for S12L7 for the following quarters: First Quarter Second Quarter Third Quarter Fourth Quarter 2. Units to be produced for S12L5 for the following quarters: First Quarter Second Quarter Third Quarter S12L5 1,300 1,400 5,300 3,900 1,200 The vice president of sales believes that the projected sales are realistic and can be achieved by the company. Stillwater Designs needs a production budget for each product (representing the amount that must be outsourced to manufacturers located in Asia). Beginning inventory of S12L7 for the first quarter of 2015 was 340 boxes. The company's policy is to have 20 percent of the next quarter's sales of S12L7 in ending inventory. Beginning inventory of S12L5 was 170 boxes. The company's policy is to have 30 percent of the next quarter's sales of S12L5 in ending inventory.

Q: Explain IO and PO Strips?

A: Interest only (IO) strips are a financial product shaped by unraveling the principal and interest…

Q: briefly explain what is meant by breakven points

A: Cost accounting is the part of accounting that helps in determining the total cost of production. It…

Q: Show how to insert formula in excel

A: Perpetuity: It is a stream of cash flow that is presumed to continue for an indefinite period.

Q: What is the meaning of V MFG Ohs, V S&A Ohs, F MFG Ohs snd F S&A Ohs on the chat answer

A: V MFG Ohs, V S&A Ohs, F MFG Ohs and F S&A Ohs, these are the short form some of the titles…

Q: Define terminal value

A: Terminal value is the value of the project or the security at the end of a specified future date.…

Q: can you please type out the equation

A: Solution:- When an equal amount is saved each period at end of period, it is called ordinary…

Q: rmn.3 answer must be in table format or i will give down vote

A: Approach to solving the question:I need more context about this. If you give me more information…

Q: The key properties of a distributed ledger are: Question 3 Answer a . Time stamped b . Mutable c .…

A: The correct options are:a. Time-stamped:Each transaction is recorded with a timestamp to establish…

Q: Can you please write out the equations

A: Present value of annuity is the current value of the future payments that are calculated using the…

Q: 1. Calculate the amounts to be reported on each employee's Wage and Tax Statement (Form W-2) for…

A:

Q: Write the note on JIT technique, what is the full form of JIT?

A:

Q: What accounts should Free credit to record the issuance of the bonds and warrants? a. Bonds Payable…

A: Bonds payable is a liability account that holds the sum that the issuer owes bondholders.Given that…

Q: I need answer typing clear urjent no chatgpt used i will give upvotes

A: To solve this problem, we need to find matrices P and C such that A=PCP−1, where C has the form:…

Q: Required: 2. The name for the symbol that you selected to replace block 1 in the process is which of…

A: Events are activities that occur throughout a BPNM process and are symbolized by squares. Start…

Master Budget

A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making. 

Sales Budget and Selling

A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.