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Assuming a company has unlimited production resources, what would be the sequence for preparing the following budgets? (1) Selling and administrative budget (2) Budgeted balance

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Assuming a company has unlimited production resources, what would be the sequence for preparing the following budgets? (1) Selling and administrative budget (2) Budgeted balance sheet (3) Cash budget (4) Sales budget (5) Production budget Select one: a. 5,3,1,2,4 b. 4,5,1,3,2 4,2,5,1,3 A company produces three products and provides you with the following details: Given a total fixed cost of $147,000, how many units of Product C should the company produce to attain an after-tax profit of $55,125 if it has a tax rate of 25% ? Type your answer in the textbox provided using only numbers. NO spacing or commas (i) between digits. Which of the following is NOT an operating (functional) budget? Select one: a. Sales budget b. Selling and administrative budget c. Budgeted balance sheet d. Production budget A company's production budget reflects the following information for the first three months of the year: Each unit requires four direct labour hours at a rate of $7 per hour. In the cash budget for February, what amount should be allocated for wages if 75% of wages are paid in the month of production and the remaining 25% in the following month? Type your answer in the textbox provided using only numbers. NO spacing or commas () between digits. Answer: IMACC Corporation has the following sales budget for the last half of 2022 : Historically, the cash collection of sales has been as follows: 65 percent of sales collected in month of sale 25 percent of sales collected in month following sale 8 percent of sales collected in second month following sale 2 percent of sales are uncollectible. What is the estimated accounts receivable as at December 31,2022? What is the estimated accounts receivable as at December 31,2022? Select one: a. 42,900 b. 39,020 c. 50,500 d. 93,300

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