1: Bramble Corp. reported the following information for 2016: October...
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Accounting
1: Bramble Corp. reported the following information for 2016:
| October | November | December | |
| Budgeted sales | $1240000 | $1260000 | $1510000 |
- All sales are on credit.
- Customer amounts on account are collected 50% in the month of sale and 50% in the following month.
2: How much cash will Bramble receive in November?
| $1385000 |
| $1250000 |
| $1260000 |
| $630000 |
3: Waterway Industries budgeted costs for 70000 linear feet of block are:
| Fixed manufacturing costs | $24000 per month |
| Variable manufacturing costs | $16 per linear foot |
4: Waterway installed 55000 linear feet of block during March. How much is budgeted total manufacturing costs in March?
|
| $904000 |
|
| $880000 |
|
| $1144000 |
|
| $1120000 |
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