$734,600 $146,400 $692,000 $588,200 Harrti Corporation has budgeted for the following sales: Sales are collected...
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$734,600 $146,400 $692,000 $588,200 Harrti Corporation has budgeted for the following sales: Sales are collected as follows: 15% in the month of sale; 65% in the month following the sale; and the remaining 20% in the second month following the sale. In Harrti's budgeted balance sheet at December 31, at what amount will accounts receivable be shown? Multiple Choice 7,571 units 7,936 units 7,400 units 7.196 units Multiple Choice $9,240 $40,720 $45,020 $31,480 Roberts Enterprises has budgeted sales in units for the next five months as follows: Past experience has shown that the ending inventory for each month must be equal to 10% of the next month's sales in units. The inventory on May 31 contained 456 units. The company needs to prepare a production budget for the second quarter of the year. The total number of units to be produced in July is: Schuepfer Incorporated bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 2,800 units are planned to be sold in March. The variable selling and administrative expense is $3.30 per unit. The budgeted fixed selling and administrative expense is $35,780 per month, which includes depreciation of $4,300 per month. The remainder of the fixed selling and administrative expense represents current cash flows. The cash disbursements for selling and administrative expenses on the March selling and administrative expense budget should be
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