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NewCen Computers is preparing is budget for 2013. Sales for the year are budgeted at $1,000,000,20% are cash sales and 80% are credit sales. The
NewCen Computers is preparing is budget for 2013. Sales for the year are budgeted at $1,000,000,20% are cash sales and 80\% are credit sales. The company expects to collect 60% of all credit sales in 2013. Budgeted expersos are 5600,000 . These axpenditures include $25,000 for depreciation and $497,000 for variable manufacturing overhead, Given this information, total cosh outiows for 2013 would be: $278,000 5303,000 5775,000 5000.000
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