Don’t trust my word I just need to answer questions i’m so sorry
Answer:
c. $4,025,200
Explanation:
The computation of the total cash receipts from sales and collections in April month is shown below:
= April sales × cash sales percentage + April sales × credit sales percentage × collection month percentage + March sales credit sales percentage × Following month collection percentage
= $4,000,000 ×30% + $4,000,000 × 70% × 40% + $4,200,000 × 70% × 58%
= $1,200,000 + $1,120,000 + $1,705,200
= $4,025,200
Since cash sales are 30% , so the credit sales would be 70%
Answer:
1. 4,200 units
2.7,200 units
Explanation:
<u>Prepare the Production Budget for January and February</u>
January February
Budgeted Sales 5,000 4,000
<em>Add </em>Budgeted Closing Stock 3,200 6,400
Total Production Needed 8,200 10,400
<em>Less</em> Budgeted Opening Stock (4,000) (3,200)
Budgeted Production 4,200 7,200
Budgeted Opening Stock for January comes from 80% of closing inventory from December !
Answer:
finished cost = $200,000
inventory cost=$250,000
manufactured cost= $600,000
cost of good= beginning inventory+purchase during period cost- ending inventory
$600,000+$200,000-$250,000
$550,000
Answer:
United States copyright office
Explanation:
hope this helps!
