Answer: UHM I guess I-
Explanation:
Answer:
Total cash collection= $20,375
Explanation:
Giving the following information:
Big Wheel, Inc. collects 25% of its sales on account in the month of the sale and 75% in the month following the sale.
<u>Sales:</u>
March= $16,300
April= $32,600
<u>Cash collection April:</u>
Sales on account from April= 32,600*0.25= 8,150
Sales on account from March= 16,300*0.75= 12,225
Total cash collection= $20,375
Answer:
"The budgeted cost of goods sold" for June would be $5,640,000
Explanation:
Sales department budget for June = 220,000 units
Less-Opening balance as on 1st June = 72,000 units
Add-Closing balance as on 30th June = 40,000 units
No of unit manufactured = Sales department budget for June - Opening balance as on 1st June + Closing balance as on 30th June
= 220,000 - 72,000 + 40,000
= 188,000 units
Cost per unit = $30
Budgeted cost of manufactured = 188,000 × $30 = $5,640,000
This would be a controlled experiment. You would randomly assign people into groups and watch their behavior as they interact with different temperatures. You would have two experimental groups and one control group.
Answer:
Borrowed amount - $2,500
Explanation:
The computation is shown below:
= Opening balance of cash + expected cash receipts - cash disbursements - minimum balance
= $12,000 + $30,000 - $34,500 - $10,000
= $42,000 - $44,500
= - $2,500
The negative amount of $2,500 reflects the borrowed amount which is to be borrowed and are not sufficient balance to maintain the minimum cash balance