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McGraw-Hills Managerial accounting 17th edition Integrated question 20 MlnlmlEGmIP; CarlnReirleOnllliMalolaulmTaxI-SpiilmMHlmwajlmSarluMolg NathMylmWe m X 3 Phil + 6 9 C' 0 player-ui.mheducation.com/#/epub/sn753678#epubcfi(%2F6%2F638%SBdata-uuid-7efb402ed69348fda41250399b751045%5Dl%ZF4... {I ('3 Q E

McGraw-Hills Managerial accounting 17th edition Integrated question 20

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MlnlmlEGmIP; CarlnReirleOnllliMalolaulmTaxI-SpiilmMHlmwajlmSarluMolg NathMylmWe m X 3 Phil + 6 9 C' 0 player-ui.mheducation.com/#/epub/sn753678#epubcfi(%2F6%2F638%SBdata-uuid-7efb402ed69348fda41250399b751045%5Dl%ZF4... {I ('3 Q E Q I! 9 5 :EE Apps a Rutgers Google Ha... Weather 9 Q Login - TimeClock.. News Sports Rutgers Finance Martiai Arts Ancestry Historical Info (- 317 of 455 ) Q AIA a Refer to the information pertaining to Endless Mountain Company that is provided in lL"rl Integration Exercise 16 as well as the schedules that you prepared in answering 3 Integration Exercises 16 through E 19' Required: 1. Assume that the company expects to collect all of its credit sales in the quarter of sale rather than the original assumption that it will collect 75% of credit sales in the quarter of sale and the remaining 25% in the subsequent quarter. Without changing any of the underlying assumptions in your budgeting assumptions tub, calculate the following revised gures related to the 2022 budget: a. Net income (absorption basis) b. Accounts receivable turnover 0 Net cash provided by operating activities 2. Go to the Budgeting Assumptions tab in your Microsoft Excel worksheet. Change the percentage of sales that are collected in Page 789 the quarter of sale to 100% and the percentage of sales that are collected in the quarter after sale to 0%. Do your answers to la through 10 match the numbers that appear in your Excel worksheet? If not, Why? 3. Refer to the original budgeting assumptions from Integration Exercise 16. Assume that the company expects to pay its direct laborers $19 per hour instead of the original estimate of $18 per hour. Without changing any of the underlying assumptions in your budgeting assumptions tab, calculate the following revised gures related to the 2022 budget: a Ending nished goods inventory at December 31, 2022. b. The breakeven point in unit sales. 0. Variable costing net operating income 6 Other bookma rks p

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