Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Bramble, Inc. reports all its sales on credit, and pays operating costs in the month incurred. Amounts for 2022 are:
March
April
May
June
July
Budgeted sales
$300000
$289600
$320100
$280200
$210100
Budgeted purchases
$144700
$120200
$128900
$132400
$89100
Customer amounts on account are collected 65% in the month of sale and 35% in the following month.
Cost of goods sold is 70% of sales.
Bramble purchases and pays for merchandise 30% in the month of acquisition and 70% in the following month.
Operating expenses are: Salaries, $50100; Depreciation, $12500; Rent, $14000; and Utilities, $13500.
Accounts payable is used only for inventory acquisitions.
Required - How much is Bramble's May 31, 2022 budgeted Accounts Receivable?
How do make journal entry for g? The company uses a job-order costing system and applies overhead cost to jobs on the basis of machine-hours.
Using the High-Low method calculate the variable cost per unit and fixed costs. If the activity in August was 200 machine hours, what would the high-low method predict the overhead cost would be
Record these transactions in general journal format assuming Star Glass Company uses the FIFO cost flow assumption and keeps perpetual records.
Determine the cash disbursement for manufacturing overhead for September. Prepare the selling and administrative expense budget for July.
Provide a specific example of a ratio that is used in each category. For each of the 3 ratios you selected, describe how it is used in managerial
Feb. 1, 2015 Pays principal and interest to Olathe State Bank. Indicate the accounts that are increased and/or decreased for each of the above transactions.
Prepare komiko journal entries for (a) the purchase of the investment (b) the interest received and (c) the fair value adjustment.
Preparing its master budget for the third quarter of 2020. At June 30, 2020, the company's general ledger account balances were
Actual direct manufacturing labour was $9,240 with an actual labour rate of $33.00 per hour. What is the Rate and Efficiency variance for Direct Manufacturing
Assuming that the company charges $556.96 for the Smith wedding cake, what would be the overall margin on the order?
Bird Inc. has anticipated unit sales are January, 5,000; February, 4,000; and March 8,000. How many units must Bird produce in January
How is depreciation handled on a Cash Budget? It is added to the Schedule of Cash Collections and then brought over to the cash budget.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd