Expected Month Cost Percent Collections
Expected Month Cost Percent Collections
a)
Expected
Month Cost Percent Collections
Q4 -
Q3 458,100 52% 238,212
Q2 396,100 28% 110,908
Q1 378,700 19% 71,953
421,073
b)
Months Sales Q3 Q4 Q5 Q6
Q1 322,300 61,237 - -
Q2 338,100 94,668 64,239 -
Q3 312,900 162,708 87,612 59,451 -
Q4 298,200 - 155,064 83,496 -
Q5 308,700 - - 160,524
Q6 -
Total 318,613 306,915 303,471 -
Total Q Forecast Collection Schedule
61,237 220,144 In the month of sale 52%
158,907 A/R @ MM/DD In 1st month after sale 28%
309,771 A/R @ MM/DD In 2nd month after sale 19%
238,560 56,658 Uncollectable 0
160,524 145,089
- -
928,999 201,747 Verify: 928,999
Sales Budget: Q1 Q2 Q3 Total Q
Sales (units) 19,000 21,000 27,000 67,000
Sale price per set ($/unit) 21 21 21 21
Sales Revenue 399,000 441,000 567,000 1,407,000
MOH: Q1 Q2 Q3 Total Q
DLH Required 96,000 108,000 13,450 217,450
VMOH per DLH 12 12 12 12
Total VMOH 1,185,600 1,333,800 166,108 2,685,508
Fixed MOH 11,667 11,667 11,667 35,000
Total MOH 1,197,267 1,345,467 177,774 2,720,508
Deduct: Depreciation- 2,333 2,333 2,333 7,000
Total MOH Cash Expenditure 1,194,933 1,343,133 175,441 2,713,508
Verify: 69,800
Verify: 455,158