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correct anwser is 1564400 can you show me how to get that 14. Earle Company has prepared the following budget for June: 160411214200 Sales revenue
correct anwser is 1564400 can you show me how to get that
14. Earle Company has prepared the following budget for June: 160411214200 Sales revenue (for 33,000 units) $7,029,000 Cost of goods sold Direct materials used $1,617,000 Direct labor 1,254,000 Variable factory overhead 990,000 Fixed factory overhead 735,000 4,596,000 Gross margin $2,433,000 Operating expenses Variable $1,122,000 Fixed 728,000 1,850,000 Operating income $583.000 Unit sales, selling price per unit, variable cost per unit, total fixed costs, and finished goods inventories are anticipated to remain constant each month. Unit sales were in 32,000 in May. Beginning raw materials inventory in May was $25,000 higher than ending raw materials inventory in May. burslar bine abit hollabon ubong The Cash account balance at the beginning of June is $950,000. Earle collects 80% of revenues in the month of sale and 20% in the following month. Materials costs are paid in the month following purchase, and all other costs are paid for as incurred. lisvesi 000.000.18 al de Prepare a cash budget for June. mal to gainniged odi is souled tase da o wollt adni alsi totali lietotnom sdt mi eu to sflouru oss 2 be als gehallot barnsisa tol bieg on at min is base oni ali ni binq ou ata Step by Step Solution
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