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Darius needs to calculate the company's expected cash receipts for the upcoming month to determine whether additional financing is needed. Typically, the company's sales consist

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Darius needs to calculate the company's expected cash receipts for the upcoming month to determine whether additional financing is needed. Typically, the company's sales consist of 40% cash sales and 60% credit sales. Of the credit sales, 55% are collected in the same month, and 42% are collected in the following month. The remainder is generally uncollected. Total budgeted sales in June are $150,000 and in July are $170,000. What amount of total cash receipts would Darius expect to collect in July? Total cash receipts Cade is promoted to plant manager at Mallards Manufacturing. It is his first time having to create a budget. He reviews the budget fo the previous year and compares it to the actuals for the same time period. He then creates a budget for the next year using his knowledge of what he needs. When he submits the budget to finance, he is told that he should update the last closed period with actuals and then create a budget for the next two years. Which of the following is true? The new budget will have slack built into because the actuals are being used for the last current period. Cade is working with a rolling budget at Mallards Manufacturing. Eatsy Manufacturing creates a master budget that includes budgets for each of the responsibility centers of the company using input from the person responsible for each center. Decision-making responsibility is given to each of the managers of their responsibility centers. Manuel is a production supervisor responsible for managing the packaging line that produces organic food bars. Each month. he gets a report that shows the expenditures for his line and is responsible for explaining any major discrepancies. What type of organizational structure does Eatsy use, and what kind of responsibility center does Manual manage? Easty has a decentralized organizational structure and Manuel manages a cost center. Easty has a centralized organizational structure and Manuel manages an investment center. Easty has a centralized organizational structure and Manuel manages a revenue center. AP Corp is a well-known name for producing the best quality hammers in the town. Dmitri, a manager in the firm, wants to know the maximum production capacity possible within the budgeted amount. It requires 12 minutes of direct labor (DL) time to manufacture 1 hammer, and the hourly wage rate of direct labor is $11. Help Dmitri calculate the number of hammers that can be produced if the management approves a budget of $19800 for direct labor. 9900 units 9000 units 3630 units 3960 units

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