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1: Bramble Corp. reported the following information for 2016: October November December Budgeted sales $1240000 $1260000 $1510000 All sales are on credit. Customer amounts on
1: Bramble Corp. reported the following information for 2016:
October | November | December | |
Budgeted sales | $1240000 | $1260000 | $1510000 |
- All sales are on credit.
- Customer amounts on account are collected 50% in the month of sale and 50% in the following month.
2: How much cash will Bramble receive in November?
$1385000 |
$1250000 |
$1260000 |
$630000 |
3: Waterway Industries budgeted costs for 70000 linear feet of block are:
Fixed manufacturing costs | $24000 per month |
Variable manufacturing costs | $16 per linear foot |
4: Waterway installed 55000 linear feet of block during March. How much is budgeted total manufacturing costs in March?
| $904000 |
| $880000 |
| $1144000 |
| $1120000 |
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