Question

Hello, Im using the Managerial Accounting 6th edition by John wild. I was trying to find the answer to problem 7-4A in chapter 7. Hi, I'm sending the link to the question. WOuld like1-10 answered please. https://www.chegg.com/homework-help/Managerial-Accounting-6th-edition-chapter-7-problem-4PSA-solution-9781259726972

Answer 1

Part 2 : production budget :

Part 3 : Calculation of raw materials budget:

Part 4: Calculation of direct labour budget :

Part 5 : calculation of factory overhead budget :

Part 6 : Calculation of selling expense budget :

Part 7 : Calculation of General & administrative expense budget :

Part 8 : Preparation of cash budget :

step1 : calculation of cash receipts from cutomers-

Step 2 : Cash budget:

Part 9 : Preparation of income statement:

Step 1 : Calculation of loan balance

Step 2 : Income statement :