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  3. blue incorporated has forecast sales to be $428,00

Blue incorporated has forecast sales to be $428,000 in February, $558,000 in March, $598,000 in...

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Accounting

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Blue incorporated has forecast sales to be $428,000 in February, $558,000 in March, $598,000 in April, and $638,000 in May, The average cost of goods sold is 60% of sales. All sales are made on credit and sales are collected 50% in the month of sale, 30% the month following. and the remainder two months after the sale, What are budgeted cash receipts in May? Multiple Choice $610,000 $638000 $319.000 5498.030 Delaware Corporation prepared a master budget that included $22,000 for direct materials, $44,000 for direct labor, $18,000 for variable overhead, and $38,700 for fixed overhead, Delaware Corporation planned to sell 4,000 units during the period, but octually sold 4,380 units, What would Delaware's total costs be if it used a flexible budget for the period based on actual sales? Note: Do not round your intermediate calculations. Round your final answer to the nearest dollar amount. Multiple Choice $130,680 $119,178 $133.583 $126,120

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