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1. 2. 3. Assume a merchandising company provides the following information from its master budget for the month of May: Cash balance, May 1 Cash
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Assume a merchandising company provides the following information from its master budget for the month of May: Cash balance, May 1 Cash collections from customers Cash disbursements for merchandise purchases Cash disbursements for selling and administrative expenses Depreciation included in the selling and administrative expense budget $20,000 $80,000 $35,000 $40,000 $5,000 Based solely on the information provided, what is the company's excess (deficiency) of cash available over disbursements at the end of May? Division S of Kracker Company makes a part that it sells to other companies. Data on that part appear below: Division S. price of $28 or less and Division B continues to buy from the outside supplier, the company as a whole will: The company incurs total fixed costs of $50,000. The maximum demand for each of its products is 600 units. The company has only 2,600 machine-hours available for production. Assuming the company has made optimal use of its 2,600 machine-hours, what is the maximum amount per hour the company should be willing to pay to rent additional machine-hours of capacityStep by Step Solution
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