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Please answer all the questions for a thumbs up: 1. 2. 3. Blackstone Industries has the following projections to help forecast cash flow for the
Please answer all the questions for a thumbs up:
Blackstone Industries has the following projections to help forecast cash flow for the next month: - 15,000 units of expected sales with an average price of $30 per unit. - 40% of sales are collected in the month of sale, with the rest collected in the following month (all sales are on account). - There were $200,000 in total sales last month - Dollar purchases (all on account) were $200,000 last month and $150,000 this month. - 50% of purchases are paid off with cash in the month of purchase, the rest in the following month. - The company has monthly other costs of $100,000 including $20,000 of depreciation. - The company started the month with $50,000 in cash What is the projected ending cash balance for the month? $70,000$95,000$85,000$80,000$100,000 Tony's Toyshop (Business number \#BN964625582) had the following projected sales in units for the next six months: l The average sales price per unit is $100. All sales are on account. 17% of sales are collected in the month of sale. 55% are collected in the month after the sale. The remaining is collected two months after the sale. What is the amount of cash in dollars collected in July? Round to the nearest whole dollar. Enter your answer with no dollar signs, commas, or spaces. Your Answer: Answer Job 401 had the following components: The company allocates overhead based off of direct labour hours. The estimated overhead for the year was $2,000,000 and direct labour allocation base of 125,000 direct labour hours. Materials costs $9 per pound (lb) and the wage rate is $22 per hour. What is the total cost of Job 401? $1,260$1,050$1,140$1,380 1.
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