Question
With solutions please 33. If Shey Company sells its 45,000 units of goods at P12.50 each with a variable cost of P7.50, the company generates
With solutions please
33. If Shey Company sells its 45,000 units of goods at P12.50 each with a variable cost of P7.50, the company generates an operating margin of -12%. How many additional units should have been sold in order for the company to break even?
Your answer
34. Jenn Inc. budgeted an accounts receivable of P125,000 for August, P211,000 for September and P198,000 for October. Collection experience indicates that 65% of the budgeted sales will be collected the month after the sale, 32% the second month, and the remaining receivable will be uncollectible. The Cash from Accounts Receivable that should be budgeted for September would be:
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