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Dodge Ball Bearings had sales of 15,000 units at $35 per unit last year. The marketing manager projects a 15 percent increase in un volume sales this year with a 20 percent price decrease (due to a price reduction by a competitor). Returned merchandise will represent 3 percent of total sales. What is your net dollar sales projection for this year? Net sales Delsing Plumbing Company has beginning inventory of 24,500 units, will sell 71000 units for the month, and desires to reduce ending inventory to 45 percent of beginning inventory. How many units should Desing produce? Units to be produced Watt's Lighting Stores made the following sales projection for the next six months. All sales are credit sales. March April May June July August $55,000 61,000 50,000 59,000 67,000 69,000 Sales in January and February were $58,000 and $57,000, respectively. Experience has shown that of total sales, 10 percent are uncollectible, 30 percent are collected in the month of sale, 40 percent are collected in the following month, and 20 percent are collected two months after sale. 6. Prepare a monthly cash receipts schedule for the firm for March through August. Watt's Lighting Stores Cash Receipts Schedule March Aprill 55,000 16,500 May June July January February $ 58,000 $ 57,000 $ $ August Credit salos in month of sale One month after sale Two months after sale Total cash receipts 5 16,500 $ $ 0 $ $ 0 $

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