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image text in transcribed I need help with the whole question with the Explanation and Solution Please and Thank you
image text in transcribed I need help with the whole question with the Explanation and Solution Please and Thank you
Chapter 20 Connect Assignment Saved Help Save & Exit Submit Check my work 6 Liza's predicts sales of $45,000 for May and $55,000 for June. Assume 70% of Liza's sales are for cash. The remaining 30% are credit sales, credit customers pay in the month following the sale. Compute the budgeted cash receipts for June. 178 points eBook Print References LIZA'S Budgeted Cash Receipts For Month Ended June 30 Budgeted sales Less ending accounts receivable Cash sales Collections of last month's receivables Total budgeted cash receipts Chapter 20 Connect Assignment Saved Help Save & Exit Submit Check my work 7 Zortek Corp. budgets production of 370 units in January and 250 units in February. Each finished unit requires three pounds of raw material Z, which costs $3 per pound. Each month's ending inventory of raw materials should be 40% of the following month's budgeted production. The January 1 raw materials inventory has 160 pounds of Z. Prepare a direct materials budget for January 1.78 points eBook ZORTEK CORP Direct Materials Budget For Month Ended January 31 Print References Budget production (units) units lbs. Materials needed for production (lbs.) lbs. lbs. Total materials requirements (lbs.) lbs. Materials to be purchased (lbs.) lbs. per ib. Total cost of direct materials purchases Chapter 20 Connect Assignment Saved Help Save & Exit Submit Check my work 00 Tora Co. plans to produce 1,190 units in July. Each unit requires three hours of direct labor. The direct labor rate is $11 per hour. Prepare a direct labor budget for July 1.78 points TORA CO. Direct Labor Budget For Month Ended July 31 eBook Budget production (units) 1,190 units Print References Total labor hours needed Budgeted direct labor cost

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