1.Perry Corporation is estimating the following purchases in the fourth quarter of 2020:

October purchases = $200,000

November purchases = $225,000

December purchases = $250,000

The company estimates that it will pay 10% in the month of purchase, 50% in the month after purchase and the remaining 40% in the second month after purchase. What are the estimated cash payments for the month of December?

Group of answer choices

$192,500

$245,500

$217,500

$222,500

2.Medoc Company provides the following information about its single product:

Selling price per unit = $6.85 per unit

Variable cost per unit = $4.85 per unit

Total fixed costs = $250,000

Units sold = 100,000 units

What is the company's net operating income (loss) at this unit-level of sales?

Group of answer choices

($150,000) loss

$200,000

($50,000) loss

$435,000

3.Lore Corporation has provided the following information:

Sales Revenue = $200,000

Total Variable Costs = $40,000

Total Fixed Costs = ???

What would the company's total fixed costs be if we wanted to operate the company at the break-even point?

Group of answer choices

$200,000

$240,000

$160,000

$0