Chapter 9, Problem 34P

1.

To determine

Calculate the number of unit that B Incorporation sold in December 20x0.

2.

To determine

Calculate the sales revenue for March 20x1.

3.

To determine

Calculate the total sales revenue reported in B’s Incorporation budgeted income statement for first quarter of 20x1.

4.

To determine

Calculate the accounts receivable balance reported on the March 31, 20x1 budgeted balance sheet.

5.

To determine

Compute the number of units in finished goods inventory on December 31, 20x1.

6.

To determine

Compute the number of units of finished goods manufactured in January 20x1.

7.

To determine

Prepare a cash budget.