Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer question 10-41 projected cash shortfalls, the organization decides to speed its collections of credit sales. What effect can this have on the organization?

please answer question 10-41

image text in transcribed
projected cash shortfalls, the organization decides to speed its collections of credit sales. What effect can this have on the organization? 0-39 Machine shop: comparing financial and operational results Budgeting allows an organization to compare its projected operating and financial results with those of competitors as a general test of the efficiency of the organization's operating processes. Explain how this might be valuable for a machine shop that does custom machining work for its customers. 10-40 Merchandising firm purchases budget Boynton Company sells a variety of recycling bins. The company estimates that it will sell 40,000 units of bin BLX in April. The company expects to have 6,000 units of BLX in inventory on April 1 and would like 5,000 units of BLX in inventory on April 30. How many units of BLX will Boynton budget to purchase in April? 10-41 Manufacturing firm production and purchases budget Glynn Company is preparing a budget to determine the amount of part G12 to produce for the first quarter of the year, and the amount of resin to purchase for part G12. The company desires to have 25% of the next month's estimated sales of G12 in inventory at the end of each month. Glynn has a very reliable supplier of resin and therefore desires an ending inventory of only 10% of resin needs for the next month's production. Each unit of G12 requires half a pound of resin. Projected sales of G12 for January, February, and March are 50,000 units, 60,000 units, and 54,000 units, respectively. any units of part G12 will Glynn budget to produce in January and February? many pounds of resin will Glynn budget to purchase in January and February? 10-42 What-if analysis Jeren Company is considering replacing its existing cutting machine with a new machine that will help reduce its defect rate. Relevant information for the two machines includes the following: COST InTM EXISTING MACHEN NOW MACHA Monthly fixed costs $40 000 Variable cost per unit 8-44 5-40 Sales price per unit 855 $55 number of units, at which the costs are the same for both

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting General Journal

Authors: Claudia Gilbertson

11th Edition

1337623121, 9781337623124

More Books

Students also viewed these Accounting questions