Question 35 Not yet answered Silver Company makes a product that is very popular as a Mother's Day gift. The company's sales budget is given below. Month Budgeted sales February $230,000 Marked out of 1.00 P Flag question March $260,000 April $300,000 May $500,000 June 200,000 The company has learned that 20% of a month's sales are collected in the month of sale, another 70% are collected in the month following sale, and the remaining 10% are collected in the second month following sale. What are the budgeted total cash receipts from sales for the month of May? $213,000 $265,000 $336,000 $420,000 Activate Windows Question 36 Question 36 Not yet Company 1 has Profit Margin of 8.2% and a gearing ratio of 67.2%. answered Company 2 has Profit Margin of 6.3% and a gearing ratio of 534%. Marked out of 1.00 Based on these ratios, what is generally not true about these two companies Flag question Company 1 has high amount of borrowed funds Company 2 has lower profitability and higher risk. Company 1 has higher profitability and higher risk. Company 2 has lower profitability and lower risk 37 Question 39 Not yet Dalia Co. has identified an activity cost pool to which it has allocated estimated overhead of $1.920,000. It has estimated use of cost drivers for that activity to be 160,000 inspections. answered Marked out of 1.00 Flag question Product No of Inspections Widgets 140,000 Gadgets 30,000 Targets 90,000 The overhead assigned to each gadget is 5640,000 $360,000 $30,000 $480,000 Activate Window Question 38 The cost that need to be allocated and apportioned are: Not yet answered Marked out of 1.00 Indirect Cost Materials Cost Direct Expenses Labour Cost Flag