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March $104,000 $62,000 Cash is collected from customers in the following manner: Month of sale 35% Month following the sale 65% 40% of purchases are
March $104,000 $62,000 Cash is collected from customers in the following manner: Month of sale 35% Month following the sale 65% 40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. Labor costs are 25% of sales. Other operating costs are $36,000 per month (including $10,000 of depreciation). Both of these are paid in the month incurred. The cash balance on March 1 is $10,000. A minimum cash balance of $6,000 is required at the end of the month. Money can be borrowed in multiples of $1,000. How much cash will be disbursed in total in March? O A. $111,400 O B. $101,400 O C. $52,000 OD. $62,000 Violet Sales Corp, reports the year-end information from 2019 as follows: Sales (35,625 units) Cost of goods sold Gross margin Operating expenses Operating income $285,000 107,000 178,000 159,000 $19,000 Violet is developing the 2019 budget. In 2019 the company would like to increase selling prices by 4.5%, and as a result expects a decrease in sales volume of 13%. All other operating expenses are expected to remain constant. Assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. What is budgeted sales for 2019? (Round interim calculations to the nearest cent and the final answer to the nearest dollar.) O A. $297,825 OB. $336,542 OC. $285,001 OD. $259,108 Some companies are budgeting annual carbon emissions of their operations after considering an annual global emissions budget, a share for individual sectors of the economy, and what a reasonable annual allocation would be for the company. O O True False
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