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Need help with these ASAP! Company ZZZ expects January sales to be $400,000 of which $280,000 will be collected in January and $120,000 will be
Need help with these ASAP!
Company ZZZ expects January sales to be $400,000 of which $280,000 will be collected in January and $120,000 will be collected in February. On January 1 there is a beginning cash balance of $40,000. On January 30, the expected cash balance is $70,000. Depreciation in January is budgeted at $5,000. What are the budgeted cash disbursements for January? O $310,000 O $370,000 O none of the other answers O $250.000 The firm expects to purchase 20,000 pounds of material, have a beginning materials inventory of 5,000 pounds and an ending materials inventory of 2,000 pounds. How many pounds of materials does the firm expect to use? O 22,000 O 25,000 0 23,000 O 17,000 The firm expects to produce 10,000 units and sell 8,000 units. The budgeted variable selling and administrative expense is $6 per unit, all of which is expected to be paid in cash. Budgeted fixed selling and administrative expenses are $20,000 which includes $6,000 of depreciation. What amount of selling and administrative costs will be reported on the cash budget? $62,000 O $74,000 O $68,000 O $80,000Step by Step Solution
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