Answer:
$351,250
Explanation:
Computation for the amount of cash received for September
September cash sales $73,750
(25% × $295,000)
August credit sales $277,500
(75% × $370,000)
Cash collected in September $351,250
($73,750+$277,500)
Therefore the amount of cash received for September will be $351,250
Answer:
Units completed= 38,400
Units in process= 5,600
Explanation:
Giving the following information:
Beginning inventory= 0
During January:
44,000 units started
30,000 completed
14,000 remained in the process
The ending inventory in the Mixing Department was 60% complete concerning conversion costs.
<u>To calculate the equivalent units under the weighted average method, we need to use the following structure:</u>
Weighted average:
Beginning inventory= 0
Units completed in the period= 30,000
Ending inventory WIP= 14,000*0.6= 8,400
Units completed= 38,400
Units in process= 5,600
Answer Sell to a jobber
Explanation:
The sales to a jobber will take of the burden of the expiry product away from you at a cost of $50,000.
This is better when compared to the option of selling it upfront which we Incurred a cost of $100,000 .
The worst is delivering to the customers whithin the exipiry period and risking the price of the whole product and negative busines relationship.
