Answer:
1. $1,540,000
2. $998,200
3. $924,000
Explanation:
1. The computation of the budgeted sales for July is shown below:-
Budgeted sales for July = Number of units × Sale price
= 22,000 × $70
= $1,540,000
2. The computation of expected cash collections for July is shown below:-
Expected cash collection for July = June accounts receivables + July cash sales
= (9,100 × $70 × 60%) + (22,000 × $70 × 40%)
= $998,200
3. The computation of the accounts receivable balance at the end of July is shown below:-
Accounts receivable for July = Number of units × Sale price × Budgeted selling price per unit
= 22,000 × $70 × 60%
= $924,000
Answer: Common uses of oxygen include production of steel, plastics and textiles, brazing, welding and cutting of steels and other metals, rocket propellant, oxygen therapy, and life support systems in aircraft,submarines, spaceflight and diving.
Explanation:
Economies of scale are the economic efficiency of carrying out processes on a larger scale. These are the costs advantage you get when you expand your business. As a firm expands, their costs fall because of marketing economies, purchasing economies, administrative economies, and etc.
Answer:
A
Explanation:
Only a fool would want to go to jail. But standing up for your rights would be a justified argument.
