Answer:
The preliminary cash balance at the end of August before any loan activity is $3,500
Explanation:
For calculating the borrowed amount, first we have to compute the cash available for use and cash payment.
So,
Cash available for use is equals to
= Beginning balance + Cash receipts
= $17,100 + $121,000
= $138,100
And, the cash disbursement is $134,600
So the preliminary cash balance is equals to
= Cash available for use - cash disbursement
= $138,100 - $134,600
= $3,500
Hence, The preliminary cash balance at the end of August before any loan activity is $3,500
The pharmacy's monthly overhead is $52,875.
The term "overhead" describes continuing business costs that aren't directly related to providing a good or service. It is crucial for budgeting as well as for figuring out how much a business must charge for its goods or services in order to turn a profit. The charges or expenses for operating a business are referred to as overhead. These costs are unrelated to any particular product or service unit. Among the overhead expenses are: Rent, Utilities, Insurance, Office Equipment, Travel costs, wages and salaries, advertisement costs, legal and accounting costs. Data and calculations: $278,000 in monthly sales. $186,000 in inventory purchases. Total overhead: Salaries and wages $49,000, Electricity $2,000, $1,200 in insurance, $675 Maintenance, $52,875 in overhead overall. Consequently, the pharmacy's overhead for the month is $52,875.
Learn more about overhead
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Elaborate? You seem to be missing answer choices..
Answer:
D
Explanation:
just did it and got it right
Answer:
Explanation:
For representing the budgeted documents in the correct order, the following ordering should be required which is shown below:
1. Sales budget
2. Production budget
3. Direct materials budget
4. Direct labor budget
5. Selling and administrative expense budget
6. Cash budget,
7. The budgeted income statement,
8. Budgeted balance sheet
First, the company has to decide how much sale is to be done in a particular year after that company can decide the purchase amount, after that material, labor and other selling expenses are required.
Then, the cash budget should be prepared which shows the cash inflow and cash outflow position of a business. At last, the Budgeted income statement and the Budgeted balance sheet should be prepared.
