Lyon corp. has provided a part of its budget for the second quarter: apr may jun cash collections $ 42 comma 000 $ 43 comma 000 $ 40 comma 000 cash payments: purchases of direct materials 7 comma 200 7 comma 000 6 comma 000 operating expenses 6 comma 000 5 comma 600 7 comma 000 capital expenditures 4 comma 000 20 comma 000 5 comma 000 the cash balance on april 1 is $ 14 comma 000. assume that there will be no financing transactions or costs during the quarter. calculate the projected cash balance at the end of june.

Ida sidha karya company is a family-owned company located on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $860. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 320 units sold 285 units in ending inventory 35 variable costs per unit: direct materials $ 135 direct labor $ 355 variable manufacturing overhead $ 30 variable selling and administrative $ 15 fixed costs: fixed manufacturing overhead $ 64,000 fixed selling and administrative $ 27,000 the absorption costing income statement prepared by the company’s accountant for last year appears below: sales $ 245,100 cost of goods sold 205,200 gross margin 39,900 selling and administrative expense 31,275 net operating income $ 8,625 required: 1. under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. prepare an income statement for last year using variable costing. what is the amount of the difference in net operating income between the two costing methods?

Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.

Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.