Speedy Runner makes running shoes and they have gathered the following data for the month...
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Speedy Runner makes running shoes and they have gathered the following data for the month of October. Cash on 10/1 Expected Cash Collections Direct Materials Cash Disbursements Direct Labor Cash Disbursements MOH Cash Disbursements Operating Expenses Cash Disbursements Capital Expenditures Cash Disbursements Data $15,300 $435,000 $80,000 $32,000 $25,000 $110,000 $200,000 Speedy Runner requires an ending cash balance of at least $12,000 and can borrow from a line of credit in $1,000 increments. What is Runner's cash excess or cash deficiency at the end of October? SSBB A. $203.300 cash excess B. $12,000 cash deficiency C. $3,300 cash deficiency D. $3,300 cash excess Click to select your
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