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pleaseeeee Ratchet Manufacturing anticipates total sales for August, September, and October of $390,000,$305,000, and $315,500 respectively. Cash sales are normally 20% of total sales and
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Ratchet Manufacturing anticipates total sales for August, September, and October of $390,000,$305,000, and $315,500 respectively. Cash sales are normally 20% of total sales and the remaining sales are on credit. All credit sales are collected in the first month after the sale. Compune the amount of cash recelved for September. Multiple Choice $244.000 $139000 $556000 $312,000 $373,000 If budgeted beginning inventory is $17,100, budgeted ending inventory is $19,400, and budgeted cost of goods sold is $21,220, budgeted purchases should be: Multiple Choice $2,300 $1,820 514920 $4.120 $23530 Webster Corporation's monthly projected general and administrotive expenses include $4,200 administrative salaries, $1,600 of other cash administrative expenses, and $2,250 of depreciation expense on the administrative equipment. Compute the total budgeted general and administrative expenses budger per month. Mutiple Choice $8.050. $5,800 $4.340 $8,190 $33,800 Step by Step Solution
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