Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

The BRS Corporation makes collections on sales according to the following schedule: 49% in month of sale 56% in month following sale 4% in second

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
The BRS Corporation makes collections on sales according to the following schedule: 49% in month of sale 56% in month following sale 4% in second month following sale The following sales have been budgeted: Sales April $150, 006 May $170,000 June $16. Budgeted cash collections in June would be: Budgeted cash collections in June would be: Multiple Choice $165,200 $160,000 $160,600 $159.200 Parwin Corporation plans to sell 29,000 units during August.If the company has 11,000 units on hand at the start of the month, and plans to have 12,000 units on hand at the end of the month, how many units must be produced during the month? Multiple Choice 30,000 28,000 41000 40,000 The following are budgeted data: January February March 16,000 22,000 19,000 Production in units 19,00 2,88e 18,588 Sales in units One pound of material is required for each finished unit The inventory of materials at the end of each month should equal 25% of the following month's production needs. Purchases of raw materials for February would be budgeted to be: Multiple Choice 20,375 pounds 20125 pounds 20,375 pounds 20,125 pounds 19,625 pounds 18,375 pounds Pooler Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.78 direct labor-hours. The direct labor rate is $10.30 per direct labor-hour. The production budget calls for producing 7,000 units in April and 6,800 units in May. The company guarantees its direct labor workers a 40-hour paid work week. With the number of workers currently employed, that means that the company is committed to paying its direct labor work force for at least 5,480 hours in total each month even if there is not enough work to keep them busy. What would be the total combined direct labor cost for the two months? Muitiple Choice $111,075.20 $110,869.20 $112,888.00 Multiple Choice $111,075.20 $110,869.20 $112,888.00 $124,671.20

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

* What is the importance of soil testing in civil engineering?

Answered: 1 week ago

Question

Explain the concept of shear force and bending moment in beams.

Answered: 1 week ago