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Thanks a lot, i was getting problems for understanding how they got first month 36000*40%*96%(less 4%)= 13824, now i understand and thanks again for your generosity, I really appreciate it.
thanks a lot, i was getting trouble understanding how they got 13,824 but now i got it, thanks very much.
CASH BUDGET
Spare makes gross sales of 40,000 per month, of which 10% are for cash, the rest on credit.
Experience shows the following:
receivables
within one month 40%
within two month 50%
settlement discounts (for payment within one month) 4%Total expected cash receipts in any month will be…
(a) 35,824
(b) 36,400
(c) 38,540
(d) 40,000please help…..
Average usage of a raw material is 200kg per day, the average ordering lead time is five days, the reorder level is 1600kg and the reorder quantity is 2000kg.
what is the average raw material inventory?
a) 800kg
b)1400kg
c)1700kg
d)2000kgplease help……
A company is preparing the budget for a product and the following data has been provide.
planning sales(units);month 1: 2,000
month 2: 2,000
month 3: 2,500
month 4: 2,800Closing inventory in each month be 40% of the next month’s sales. Suppliers are paid in the in the month following purchase. the standard cost of material is $4 per unit.
what is the budgeted payment to suppliers in month 3?please i need help…… thank you.
The following forecasts relate to a single product business for the period:
variable cost 38,640
fixed cost: 39,975
sales revenue: 84,000
sales units : 6,000what sales revenue is required to achieve a profit of 12,000 in the period?
(a) 74,030
(b) 90,615
(c) 96,250
(d) 112,990please i need help and explanations on this to understand how it was calculated…… thank you.
