User Account

All Pages

What accounts receivable at end of august was

Assignment Help Managerial Accounting
Reference no: EM132528721

The pitney company sales are 40% cash and 60% credit. 50% of credit sales are collected in the month of the sale, 30% in the month following the sale, and 20% collected 2 months after.

Budgeted sales data is as follows

June $120,000

July $80,000

August $100,000

Question 1: Accounts receivable at end of august was

66000?

58800?

39600?

Reference no: EM132528721

Questions Cloud

What would become the new break-even point in unit sales : Calculate the company's break-even point in dollar sales. (Do not round intermediate calculations.) what would become the new break-even point in unit sales?
What price will the company charge : What price will the company charge if the firm uses cost-plus pricing based on variable manufacturing cost and a markup percentage of 200%?
What are the two things that can be done to improve : What are the two things that can be done to improve contrast?
How the protein and the starch in a ham sandwich : Describe, in the correct sequence, how the protein and the starch in a ham sandwich are broken down ready for absorption.
What accounts receivable at end of august was : What Accounts receivable at end of august was? The pitney company sales are 40% cash and 60% credit. 50% of credit sales are collected in the month of the sale
What things could you do to help yourself : If, after viewing a specimen at low power, you switch to high-dry power and, after using fine focus, cannot find the specimen, what things could you do to help
Determining the electron configuration : Potassium has an atomic number of 19. What is it's electron configuration?
How many direct labor hours are required to produce : Suppose that the customer has instead offered to buy 60 units of YPB15.37 at $3,000 per unit. How much will the profits change if the order is accepted?
Gilbert instrument corporation-npv of the project : The Gilbert Instrument Corporation is considering replacing the wood steamer it currently uses to shape guitar sides. The steamer has 6 years of remaining life

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd