Question
13 If you watched Game of Thrones, you know who Sophie Turner is. Turner is also widely known for her viral Juuling photos a appears
13 If you watched Game of Thrones, you know who Sophie Turner is. Turner is also widely known for her viral Juuling photos a appears to be a Juul fanatic given that directors will take away her Juul to make her bawl in crying scenes on set. In any case, fictional from here on) with Game of Thrones over, Turner decides to take on a new business opportunity: her own line of el cigarettes called Sansavape. Below is the sales budget (in units) for 2021's first quarter. January-50,000 February-40,000 March-80,000 Each Sansavape will be priced at $30. 50% of sales are cash; the other 50% are on credit. The cash collection pattern is as follows: 40% in the same month 55% in the following month 5% uncollectible Turner also wants to keep a finished goods target ending inventory of 25% of the following month's expected s In addition, Turner expects cash disbursements in each month from these budgets: Raw material purchases: $230,000 Direct Labor: $180,000 Manufacturing Overhead: $420,000 Selling & Admin: $200,000 On January 1, Sansavape had $100,000 in cash. Sansavape wants to keep a minimum cash balance of $2 an open line of credit for $1,000,000 at a 10% annual interest rate. All principal and interest, if any, will be pa Sansavape also wants to pay $10,000 in dividends in January to impress shareholders from the very begin EQUIRED: ave and Submit to save and submit. Click Save All Answers to save all answers
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