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solution? Q-S-. Q-5-7. Q-5-8. Q-5-9. and all of its customers pay in it. atements are true given this able within 30 days, Gatsby pays its

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Q-S-. Q-5-7. Q-5-8. Q-5-9. and all of its customers pay in it.\" atements are true given this able within 30 days, Gatsby pays its accounts pay _ | of the followrng st for their orders when received. Al cash flow pattern except: plete a cash budget. 1. Gatsby will not find it difficult to corn . ' - . onthly pattern of collections on accounts receivable is critical. 2. Estimating the m 3. Gatsby has sufficient cash on hand to make payroll payments to employees, not likely be persuaded by specral financing 4. Gatsby's purchasing agent will _ arrangements offered by raw materia 5. Gatsby's customers would like to be rewarded l suppliers. for timely payment of sales invoices. sewing employees without adequate time to If Gatsby had an unusual turnover of _ . d of the year the company Is likely to have a(n): train replacement staff, then at the en 1 Unfavorable direct labor efficiency variance. 2. Favorable variable overhead rate variance. 3. Unfavorable direct materials quantity variance. 4 Unfavorable fixed overhead volume variance. 5 Favorable direct labor rate variance. may have a skilled labor constraint; that is, not I] of the production for two product lines. All of the duct mix to be produced except: Gatsby is evaluating whether it enough skilled labor to handle a following are considerations of the pro 1. Which products offer the highest contribution margin per unit of the constraint? 2. Does a skilled labor constraint affect the amount of units of each product line that can be sold to the same degree? 3. Which product has the most sunk investment costs? 4. Would emphasizing one product over another affect fixed costs? 5. Will the product mix ratio remain the same? If Gatsby wants to ensure that it can start each month with sufficient denim on hand to make its products, then it should: (Check all that apply.) Set a management policy for the desired amount of ending raw materials inventory. Purchase more raw materials than needed for the actual production for the year. Consider any beginning raw materials inventory at the first of the year. Require that its suppliers relocate to be close to its production facility

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