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ABC company manufactures two type of products product Y product X, and applies manufacturing overhead to all units at the rate of $80 per machine

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ABC company manufactures two type of products product Y product X, and applies manufacturing overhead to all units at the rate of $80 per machine hour. Below are the production information - Compute the product cost per unit for each type of product under the traditional and ABC method. Company sales in May were 80,000 and they expected to rise by 10,000 each month. Sales collection will be as follows - 60% paid during the following month of sale - And the remaining will be paid the monthafter - Gross profit is 25% and the company need to keep enough goods equal the sale of next month Suppliers are paid one month after the purchase are made Monthly wages are 2,000 rent and heating 1,000 depreciation 600 A machine is bought in July costing 9000 which was paid in cash. And will increase the depreciation expense by 100 , the cash balance in June 1, was 100,000 1. Calculate the cash received in June July and August 2. How much is the purchases 3. Prepare cash flow budget for June July and August

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