Michard corporation makes one product and it provided the following information to prepare the master budget for the next four months of operations: the budgeted selling price per unit is $125. budgeted unit sales for april, may, june, and july are 7,600, 10,500, 13,800, and 12,900 units, respectively. all sales are on credit. regarding credit sales, 20% are collected in the month of the sale and 80% in the following month. the ending finished goods inventory equals 20% of the following month's sales. the ending raw materials inventory equals 30% of the following month’s raw materials production needs. each unit of finished goods requires 4 pounds of raw materials. the raw materials cost $2.00 per pound. regarding raw materials purchases, 30% are paid for in the month of purchase and 70% in the following month. the direct labor wage rate is $25.00 per hour. each unit of finished goods requires 3.0 direct labor-hours. the variable selling and administrative expense per unit sold is $3.40. the fixed selling and administrative expense per month is $80,000.the expected cash collections for may is closest to: multiple choice$262,500$950,000$1,022,500$76 0,000
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Business, 22.06.2019 16:40, jojo171717
Based on what you learned about time management which of these statements are true
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Business, 22.06.2019 17:30, dondre54
Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $
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Business, 22.06.2019 20:30, williamsdre9371
What talent or skill do u wish too develop for yourself
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Michard corporation makes one product and it provided the following information to prepare the mast...
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