The following are the estimated sales of a company for eight months ending 30.11.2012 Month estimated sales (units)
April 12000
May 13000
June 9000
July 8000
August 10000
September 12000
October 14000
November 12000
As a matter of policy, the company maintain the closing balance of finished goods and raw materials as follows :
Finished Goods - 50% of estimated sales of next month
Raw materials- estimated consumption for next month
Every unit of production requires 2kg of raw materials costing Nu. 5 per kg.
Prepare Production Budget, Raw Materials Budget and Cash Payment Budget (if company has the payment policy of 60% on the month of purchase and remaining in the following month) of the company for the half year ending 30th September 2012.

Gyou plan to deposit $1,700 per year for 5 years into a money market account with an annual return of 2%. you plan to make your first deposit one year from today. what amount will be in your account at the end of 5 years? round your answer to the nearest cent. do not round intermediate calculations. $ assume that your deposits will begin today. what amount will be in your account after 5 years? round your answer to the nearest cent. do not round intermediate calculations.

James albemarle created a trust fund at the beginning of 2016. the income from this fund will go to his son edward. when edward reaches the age of 25, the principal of the fund will be conveyed to united charities of cleveland. mr. albemarle specified that 75 percent of trustee fees are to be paid from principal. terry jones, cpa, is the trustee. james albemarle transferred cash of $500,000, stocks worth $400,000, and rental property valued at $250,000 to the trustee of this fund. immediately invested cash of $360,000 in bonds issued by the u.s. government. commissions of $7,900 are paid on this transaction. incurred permanent repairs of $9,000 so that the property can be rented. payment is made immediately. received dividends of $8,000. of this amount, $3,000 had been declared prior to the creation of the trust fund. paid insurance expense of $4,000 on the rental property. received rental income of $10,000. paid $8,000 from the trust for trustee services rendered. conveyed cash of $7,000 to edward albemarle.

Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?