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Please solve the following problem E9-9A. Show step by step solution. Determine the estimated cash colected on customer account onJune If the beginning finished goods

Please solve the following problem E9-9A. Show step by step solution. Determine the estimated cash colected on customer account onJuneimage text in transcribed

If the beginning finished goods inventory is an estimated 7,000 units and the desired ending inventory is 6,000 units, how many units should be produced? What dollar amount of material should be purchased at $2 per pound if each unit of product requires 2.5 pounds and beginning and ending materials inventories should be 13, 500 and pounds, respectively? How much direct labor cost should be incurred if each unit produced requires 0.5 hours at hourly rate of $11? How much manufacturing overhead should be incurred if fixed manufacturing overhead $45,000 and variable manufacturing overhead is $1.30 per direct labor hour? Spencer Consulting, which invoices its clients on terms 2/10, n/30, credit sales for May and June of $70,000 and $80,000, respectively. Analysis of Spencer's indicates that the pattern of customers' payments on account is as follow (percentages are of total monthly credit sales): Determine the estimated cash collected on customer's accounts in June

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