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How many units should sheridan produce during june

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Question

The following information was taken from Bramble Corp.'s cash budget for the month of July:

Beginning cash balance$460000Cash receipts274000Cash disbursements494000

If the company has a policy of maintaining a minimum end of the month cash balance of $390000, the amount the company would have to borrow is

Concord Corporation reported the following information for 2016:

                     October November December

Budgeted sales $1200000 $1270000 $1500000

All sales are on credit.

Customer amounts on account are collected 50% in the month of sale and 50% in the following month.

How much cash will Concord receive in November?

Sheridan Company plans to sell 6000 purple lawn chairs during May, 4700 in June, and 6000 during July. The company keeps 15% of the next month's sales as ending inventory. How many units should Sheridan produce during June?

If there were 40000 pounds of raw materials on hand on January 1, 100000 pounds are desired for inventory at January 31, and 210000 pounds are required for January production, how many pounds of raw materials should be purchased in January?

Reference no: EM132317390

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