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Please answer all the questions and provide explanations please Question 1 Which budget is used to estimate how much cash is being received and spent

Please answer all the questions and provide explanations please

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Question 1 Which budget is used to estimate how much cash is being received and spent in each time period? The Tanner Company projects its December sales to be 6,000 units, The units sell for $10.50 per unit and Tanner's Revenue budget ending inventory for December is 20% higher than its beginning inventory of $2,000 units. What are Tanner's De- b tember projected sales? Income budget $63,000 C Profit budget $73,500 d b Cash Budget C $60,000 Question 5 d $62,250 Which of the following is not considered a benefit of budgeting? Question 2 a Facilitates monitoring and control of a company's operations TBT Inc. has a desired ending inventory of 3,540 units for July. Sales for July are expected to be 6,000 units and b Provides insight as to the company's assets and liabilities. June's ending inventory was 3,200 units. What are TBT's units to be produced for July? C Assists in positioning a business to capitalize on opportunities 5,040 d Serves as a guide to implement strategy b 6,840 Question 6 C 6.340 External factors that management should consider in formulating strategy may include d 5,820 a the skills of the company's workforce Question 3 b the company's research and development The Tilton Company's budgeted sales for October were $50,000 and their actual sales for the month were $28,000. C the actions of competitors What is the company's budget to actual sales variance for October? d both a and c a 78,000 F b -22,000 U C -78,000 U d 22,000 F Question 4

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