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Indigo Co . ' s projected sales are as follows:Ivanhoe Corp. ' s manufacturing overhead budget for the first quarter of 2 0 2 2
Indigo Cos projected sales are as follows:Ivanhoe Corp.s manufacturing overhead budget for the first quarter of contained the following data:
Fixed Costs
Actual variable costs for the first quarter were:
Actual fixed costs were as expected except for property taxes which were $ All costs are considered controllable by the
department manager except for the supervisor's salary.
Prepare a manufacturing overhead responsibility report for the first quarter.
Indigo estimates that it will collect in the month of sale, in the month after the sale, and in the second month following
the sale. Two percent of all sales are estimated to be bad debts.
What are Indigo Cos budgeted cash receipts for October?
Budgeted Cash Receipts $
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