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kondor19780726 [428]
3 years ago
14

The BRS Corporation makes collections on sales according to the following schedule: 30% in month of sale 60% in month following

sale 10% in second month following sale The following sales have been budgeted: Sales April $ 140,000 May $ 130,000 June $ 150,000 Budgeted cash collections in June would be:
Business
1 answer:
postnew [5]3 years ago
6 0

Answer:

$137,000

Explanation:

The computation of Budgeted cash collections in June is shown below:-

June sales collected in June = June Sales × Sale percentage

= $150,000 × 30%

= $45,000

May sales collected in June = May sales × Following month percentage

= $130,000 × 60%

= $78,000

April sales collected in June = June sales × Following second month percentage

= $140,000 × 10%

= $14,000

Total cash collections in June =June sales collected in June + May sales collected in June + April sales collected in June

= $45,000  + $78,000  + $14,000

= $137,000

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In the __________ phase of the training process, organizational and employee performance issues are considered to determine if t
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5 0
3 years ago
Water Source Inc. manufactures badminton rackets. The company estimates the following costs for the next year: Indirect factory
yuradex [85]

Answer:

$446,000

Explanation:

Factory overhead are indirect costs incurred by a company during production which can not be easily be traced to units produced.

factory overhead cost calculation :

Indirect factory wages                            $151,000

Supervisor salaries                                  $56,000

Power and light                                       $113,000

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Indirect materials                                     $20,000

Insurance and property taxes                $32,000

Total                                                        $446,000

4 0
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