Question 35 Not yet Silver Company makes a product that is very popular as a Mother's Day gift. The company's sales budget is given below. answered Month Month Budgeted sales Marked out of 1.00 February $230,000 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 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 53.4%. Marked out of 1.00 p Flag question Based on these ratios, what is generally not true about these two companies w 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 27 Question 37 Not yet answered Which of the following is an advantage of Balanced Scorecard? A Marked out of 1.00 Flag question does not involves all the managers from across the organization ignores stakeholders such as employees and regulators. too simplistic and dismissive of the external business environment. provides company's performance at a glance Question 38 Not yet The cost that need to be allocated and apportioned are: answered Marked out of 1.00 Indirect Cost Materials Cost Direct Expenses Labour Cost Flag question Question 39 Not yet answered Dalia Co. has identified an activity cost pool to which it has allocated estimated overhead of S1920,000. It is estimated use of cost drivers for that activity to be 160,000 inspections Marked out of 1.00 Flag question Product No of Inspections Widgets 40,000 Gadgets 30,000 Targets 90,000 The overhead assigned to each gadget is: $640,000 $360,000 $30,000 $400,000 Activate Window