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... Alexis Co. reported the following information for May: Part A Units sold 6,900 units $ 990 Selling price per unit Variable manufacturing cost per

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... Alexis Co. reported the following information for May: Part A Units sold 6,900 units $ 990 Selling price per unit Variable manufacturing cost per unit Sales commission per unit 615 Part A 99 What is the manufacturing margin for Part A? $2,587,500 $1,904,400 $6,147,900 $4,243,500 $4,491,900 Geneva Co. reports the following information for July: Sales $783,000 236,000 Variable costs Fixed costs 111,000 Calculate the contribution margin for July. Calculate the contribution margin for July. Multiple Choice $547,000 $436,000 $672,000 $783,000 Ballentine Company expects sales for June, July. and August of $64,000, $70,000, and $60,000, respectively Experience suggests that 40% of sales are for cash and 60% are on credit. The company collects 60% of its credit sales in the month following sale, 35% in the second month following sale, and 5% are not collected. What are the company's expected cash receipts for August from its current and past sales? Multiple Choice $38,640. $62.640 $80,400 Multiple Choice $38,640. $62,640. $80,400. $88,400. $116,400

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