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Question 65 1 pts During the budget process an entity determines its current level of productive capacity is sufficient Which of the following is the
Question 65 1 pts During the budget process an entity determines its current level of productive capacity is sufficient Which of the following is the most likely flow.on effect of this determination! The sales budget will be revised upwards None of these key fow an effect of this determination Planned maintenance of property.plant & ement will be postponed The budget will provide for an increase in straight line depreciation The entity will not budget for additional borrowings Question 66 1 pts Selinur Limited is formulating its master budget for the September quarter and has ascertained the following data Monthly sales data: May Cactus $40,000 June factual $50,000 July budgeted) $72,000 Augustibudgeted) $60,000 September budgeted) $55.000 Expected pattern of collection 55% in the month of sale subject to a 2% credit card feel 35% in the month after sale in the second month after sale 1x written off as bad debts Calculate to the nearest dollar the amount that will be collected from customers in September
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