Answer:
$312,000
Explanation:
Given that,
August Sales = $300,000
July sales = $330,000
Customer amounts on account are collected 60% in the month of sale and 40% in the following month.
Cash Receipts during August:
= (August Sales × 60%) + (July Sales × 40%)
= ($300,000 × 60%) + ($330,000 × 40%)
= $180,000 + $132,000
= $312,000
Therefore, the cash is budgeted to be received during August is $312,000.
Answer:
Sell before assembly, the company will be better off by $1 per unit.
Explanation:
Given that,
Unit cost of the unassembled product = $24
Selling price of unassembled product = $54
Estimated cost to assemble the product = $18
company believes the market would support a price (on the assembled unit) = $71
Profit from Unassembled product:
= Selling price - cost
= $54 - $24
= $30
Assembled product cost = $24 + $18
= $42
Profit from assembled product:
= Selling price - cost
= $71 - $42
= $29
Hence, Sell before assembly, the company will be better off by $1 per unit.
Answer:
Try True, True, False, and guess on the last one I'm sorry if you get this wrong
Explanation:
The consumer sector is the largest part of the macroeconomy
TRUE
Answer:
c
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero
If the sales of a company exceeds the breakeven quantity, the firms is earning a profit.
If the company's sales is less than the Breakeven quantity , the firm is making losses that would not be recouped
Breakeven quantity = fixed cost / price – variable cost per unit
150,000 / (5 -3) = 75000
