A. Mende Town Corporation budgeted its cost of finished goods manufactured at $800,000 for January. Its January 31 finished goods inventory budgeted to be four time the level of its January 1 finished goods inventory. The cost of goods sold budget for January has been set at $746,000. What amount is Mende Town's finished goods inventory budgeted for at January 31? B. Mende Town Corporation expects to incur $590,000 in expenses during January (including interest and taxes but excluding depreciation). Of this amount, taxes and interest are budgeted at $15,000 and 30,000 respectively and expired prepayments are budgeted at $50,000. Depreciation is budgeted at $32,000. Mende Town's current payables total $140,000 at Januaryl and are budgeted to Decrease to $120,000 by January 31. All payable are paid in full. What is the payments on current payables budgeted for January? C. Mende Town Corporation pays 75% of its debt service costs in each month and the other 25% is paid in the following month. November debt service costs are budgeted at $150,000 and the October debt service account showed $25,000.00 (a) What cash disbursement amount will be shown on Mende Town's debt service budget? (b) What was Mende Town Corporation Debt service costs budgeted for October assuming that the budgeted amount equal the actual amount spent? D. Mende Town Corporation's accounts receivable remain outstanding approximately 39 days, whereas its inventory remains in stock approximately 11 days before it is sold. It takes suppliers approximately 25 days to deliver inventory to Mende Town once an order is received. What is Mende Town's operating cycle? E. As Mende Town budgeted output per the flexible budget increases, per-unit fixed costs (increase/decrease): Explain? (keep it short, sweet and simple) A. Mende Town Corporation budgeted its cost of finished goods manufactured at $800,000 for January. Its January 31 finished goods inventory budgeted to be four time the level of its January 1 finished goods inventory. The cost of goods sold budget for January has been set at $746,000. What amount is Mende Town's finished goods inventory budgeted for at January 31? B. Mende Town Corporation expects to incur $590,000 in expenses during January (including interest and taxes but excluding depreciation). Of this amount, taxes and interest are budgeted at $15,000 and 30,000 respectively and expired prepayments are budgeted at $50,000. Depreciation is budgeted at $32,000. Mende Town's current payables total $140,000 at Januaryl and are budgeted to Decrease to $120,000 by January 31. All payable are paid in full. What is the payments on current payables budgeted for January? C. Mende Town Corporation pays 75% of its debt service costs in each month and the other 25% is paid in the following month. November debt service costs are budgeted at $150,000 and the October debt service account showed $25,000.00 (a) What cash disbursement amount will be shown on Mende Town's debt service budget? (b) What was Mende Town Corporation Debt service costs budgeted for October assuming that the budgeted amount equal the actual amount spent? D. Mende Town Corporation's accounts receivable remain outstanding approximately 39 days, whereas its inventory remains in stock approximately 11 days before it is sold. It takes suppliers approximately 25 days to deliver inventory to Mende Town once an order is received. What is Mende Town's operating cycle? E. As Mende Town budgeted output per the flexible budget increases, per-unit fixed costs (increase/decrease): Explain? (keep it short, sweet and simple)
