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Bortle Manufacturing Group estimates that sales for the coming year will be 578,000 units. Company policy is to maintain a finished goods inventory of one and one-half month's unit sales. Beginning inventory is 76,000 units. Assume sales occur uniformly throughout the year. Required: Estimate the production level for the coming year for Bortle to meet these objectives. Cherboneau Novelties produces drink coasters (among many other products). During the current year (year 0 ), the company sold 526,000 units (packages of 6 coasters). In the coming year (year 1), the company expects to sell 552,000 units, and, in year 2 , it expects to sell 696,000 units. The target ending finished goods inventory for each month is equal to the next month's sales. However, because of production issues, the ending inventory in the current year is expected to be only 15,000 units. Each unit requires 0.5 pound of cork. At the end of the current year, management expects to have 20,250 pounds of cork in inventory. Management has set a target to have cork on hand equal to one half of next month's sales requirements. Sales and production take place evenly throughout the year. Required: a. Compute the total targeted production of the finished coaster for the coming year. b. Compute the required amount of cork to be purchased for the coming year. Eliot Sprinkler Systems produces equipment for lawn irrigation. One of the parts used in selected Eliot equipment is a specialty nozzle. The budgeting team is now determining the purchase requirements and monthly cash disbursements for this part. Eliot wishes to have in stock enough nozzles to use for the coming month. On August 1, the company has 17,800 nozzles in stock, although the latest estimate for August production indicates a requirement for only 17,000 nozzles. Total uses of the nozzle are expected to be 16,700 in September and 17,540 in October. Nozzles are purchased at a wholesale price of $18. Eliot pays 25 percent of the purchase price in cash in the month when the parts are delivered. The remaining 75 percent is paid in the following month. Eliot purchased 31,000 parts in July. Required: a. Estimate purchases of the nozzle (in units) for August and September. b. Estimate the cash disbursements for nozzles in August and September. Complete this question by entering your answers in the tabs below. Estimate purchases of the nozzle (in units) for August and September. Curtis Party Rentals offers party equipment such as tents, tables, chairs, and so on for outdoor events. The rental fees average $950 er event. Curtis receives a 15 percent deposit two months before the event, 60 percent the month before, and the remainder on the day the equipment is delivered and set up. Planners at Curtis estimate the following number of events for the last half of the current rear: Required: a. What are the expected revenues for Curtis Party Rentals for each month, July through December? Revenues are recorded in the month of the event. b. What are the expected cash receipts for each month, July through October? Complete this question by entering your answers in the tabs below. What are the expected revenues for Curtis Party Rentals for each month, July through December? Revenues are recorded in the month of the event

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