O National University Sy X Week Four Practice X C Search Textbook Solut X C Get Homework Help | X C Get Homework Help | X C E Connect We Three P X C Problem 3-22 Of CVP X + X A https://ezto.mheducation.com/hm.tpx 8 67% ... E 2b. What is the production plan for the year that would maximize the company's profit? (Round answer to the nearest complete pallet (i.e., 12.3 pallets should be entered as 12.) pallets pallets pallet pallets 3. What would be the total contribution margin for the production plan you have proposed? Traditional Textured Cinder Roman Brick Facing Block Brick Total 4. The kiln could be operated for more than 2, 150 hours per year by running it after normal working hours. Up to how much per hour should the company be willing to pay in overtime wages, energy costs, and other incremental costs to operate the kiln additional hours? Maximum amount to operate the kiln Screenshot saved 5. The company is considering introducing a new product, glazed Venetian bricks, whose variable cost would be $845 per pallet and that would require 12 hours in the kiln per pallet. What is the minimum acceptable selling price for this new The screenshot was added to your OneDrive. OneDrive Time required (hours) Type here to search O e w ? 11:45 PM 6/25/2020O National University Sy X Week Four Practice X C Search Textbook Solut X C Get Homework Help | X C Get Homework Help | X C E Connect We Three P X C Problem 3-22 Of CVP X + X https://ezto.mheducation.com/hm.tpx 8 67% ... E Brick Facing Block Brick Total 4. The kiln could be operated for more than 2, 150 hours per year by running it after normal working hours. Up to how much per hour should the company be willing to pay in overtime wages, energy costs, and other incremental costs to operate the kiln additional hours? Maximum amount to operate the kiln hour 5. The company is considering introducing a new product, glazed Venetian bricks, whose variable cost would be $845 per pallet and that would require 12 hours in the kiln per pallet. What is the minimum acceptable selling price for this new product? Time required (hours) Selling price 2 8. Salespersons are currently paid a commission of 5%% of gross revenues. Will this motivate the salespersons to make the right choices concerning which products to sell most aggressively? Yes No Screenshot saved References eBook & Resources The screenshot was added to your Worksheet Difficulty: 2 Medium Learning Objective: B-03 Compute and use the profitability index in other business decisions. OneDrive. OneDrive Problem B-5 Volume Trade-Off Decision; Managing Learning Objective: B-02 Compute and use the profitability index in the Constraint [LOB-2, LOB-3] volume trade-off decisions. Type here to search O e W ? 11:45 PM 6/25/2020O National University System - M X Week Two Practice Questions X C Search Textbook Solutions | Ch X + X - -cn https://ezto.mheducation.com/hm.tpx 8 67% ... E You have been asked to prepare a December cash budget for Ashton Company. a distributor of exercise equipment. The following information is available about the company's operations a. The cash balance on December 1 is $47,000. b. Actual sales for October and November and expected sales for December are as follows: October November December Cash sales $ 79,000 Sales on account 500,000 624,000 $ 85,600 874,000 Sales on account are collected over a three-month period as follows: 20% collected in the month of sale, 60% collected in the month following sale, and 18%% collected in the second month following sale. The remaining 2%% is uncollectible. c. Purchases of inventory will total $372,000 for December. Thirty percent of a month's inventory purchases are paid during the month of purchase. The accounts payable remaining from November's inventory purchases total $189,500, all of which will be paid in December. d. Selling and administrative expenses are budgeted at $502,000 for December. Of this amount, $89,000 is for depreciation. e. A new web server for the Marketing Department costing $88,500 will be purchased for cash during December, and dividends totaling $14,500 will be paid during the month. f. The company maintains a minimum cash balance of $20,000. An open line of credit is available from the company's bank to bolster the cash position as needed. Required: 1. Prepare a schedule of expected cash collections for December. Schedule of Expected Cash Collections December cash sales Collections on account October sales November sales December sales Total cash collections 2. Prepare a schedule of expected cash disbursements for merchandise purchases for December. Schedule of Expected Cash Disbursements Payments to suppliers November purchases December purchases Total cash payments 3. Prepare a cash budget for December. Indicate in the financing section any borrowing that will be needed during the month. Assume that any interest will not be paid until the following month. Type here to search O e W ? 11:08 PM 6/25/2020