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please andwer all of what is clear
26) Eudora, Ine has a cash balance of 4.000 on April1e pany w pparig e ad budget for the second quarter Budgeted cadh dle and pyinente ars a bolows Aps Jun) 6740 May 4770 Cash collections Cash payments Purchases of direct maleriale Operating espenses There are no budgeted capital espenditures o finaning tranaione during the quarter Bad on the above data, caleulate the projected cah alance at dend of Jun A) $62,700 t) s0,00 D) 4,000 27) A manufacturing comparny has prepared the operating udget and the cash budget and is now preparing the budgeted balance sheet. The balance of Accounts Revale can be obtained from the A) capital expenditures budget B) selling and administrative expenses budget Q schedule of cash receipts from customers D) inventory, purchases and cost of goods sold budget 27 28) 28) Which of the following budgets would not be prepared for a merchandising firm? A) Capital expenditures budget ) Cash budget B) Sales budget L D) Direct labor budget 29) 29) Tuscarora, Inc, a merchandising company, has the following budgeted figures Jan $54,100 50% of sales $10,000+ 20% of next month's sales $27,000 April 9000 Peb $69,000 Mar S86,000 Sales Cost of goods sold Required ending inventory Inventory on hand on Jan 1 Calculate the budgeted purchases for the month of January. B) $3250 $23,850 D) $23,800 A) $50,850 30) 30) Seaworthy Company, a merchandising company, has prepared the following sales budget: Budgeted Sales $400,000 Month March April May June 207,000 241,000 248,000 Cost of goods sold is budgeted at 40% of sales, and the inventory at the end of February was $34,000. Desired inventory levels at the end of each month are 10% of the next month's cost of goods sold. What is the desired beginning inventory on June 1? A) $9640 9 $96,400 D) $9920 B) $24,800 27) A manufacturing company has prepared the operating budget and the cash budget and is now preparing the budgeted balance sheet. The balance of Accounts Hecivable can be ootained from the 27) A) capital expenditures budget B) selling and administrative expenses budget schedule of cash receipts from customers D) inventory, purchases and cost of goods sold budget 28) Which of the following budgets would not be prepared for a merchandising firm? A) Capital expenditures budget ) Cash budget B) Sales budget LD) Direct labor budget 29) 29) Tuscarora, Inc, a merchandising company, has the following budgeted figures Mar 86,000 |April w9,000 Feb Jan Sales 169,000 $54,100 50% of sales $10,000+ 20'% of next month's sales $27,000 Cost of goods sold Required ending inventory Inventory on hand on Jan 1 Calculate the budgeted purchases for the month of January B) $3250 $23,850 A) $50,850 D) $23,800 30)Seaworthy Company, a merchandising company, has prepared the following sales budget: 30) Budgeted Sales $400,000 207,000 241,000 248,000 Month March April May June Cost of goods sold is budgeted at 40% of sales, and the inventory at the end of February was $34,000. Desired inventory levels at the end of each month are 10% of the next month's cost of goods sold. What is the desired beginning inventory on June 1? A) $9640 9 $96,400 D) $9920 B) $24,800
