Unit 6 overhead 490000 00 40000 1495 unit problem 9

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unit 6 Overhead 490,000/ 10,000 49 598,000/ 40,000 14.95 Unit Cost 93 38.95 Problem 9 – 23 1) Month July August Septmembe r Quarter May Sales 250,000*.03 7,500 7,500 June Sales 300,000*.7 210,000 210,000 300,000*.03 9,000 9,000 July Sales 400,000*.25 100,000 100,000 400,000*.7 280,000 280,000 400,000*.03 12,000 12,000 August Sales 600,000*.25 150,000 150,000 600,000*.7 420,000 420,000 Septem ber Sales 320,000*.25 80,000 80,000
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317500 439000 512000 1268500 2) Month July August September Quarter Cash balance, beginning 44,500 28,000 23,000 44,500 Add Receipts Collections 317,500 439,000 512,000 1,268,500 Total cash available 362,000 467,000 535,000 1,364,000 Less disbursements Merchandise purchases 180,000 240,000 350,000 770,000 Salaries and wages 45,000 50,000 40,000 135,000 Advertising 130,000 145,000 80,000 355,000 Rent payments 9,000 9,000 9,000 27,000 Equipment purchases 10,000 0 0 10,000 Total disbursements 374,000 444,000 479,000 1,297,000 Excess receipts -12,000 23,000 56,000 16,000 Financing Borrowings 40,000 0 0 40,000 Repayments 0 -40,000 -40,000 Interest 0 -1,200 -1,200 Total Financing 40,000 0 -41,200 -1,200 Cash balance, ending 28,000 23,000 14,800 14,800 Problem 9 – 28 1) January February March Quarter Cash Sales 80,000 120,000 60,000 260,000 Credit Sales 224,000 320,000 480,000 1,024,00 0 Total cash available 304,000 440,000 540,000 1,284,00 0 2) January February March Quarter Budgeted COGS 240,000 360,000 180,000 780,000 Add desired ending Inventory 90,000 45,000 30,000 30,000 Total cash available 330,000 405,000 210,000 810,000 Less beginning Inventory 60,000 90,000 45,000 60,000 Required purchases 270,000 315,000 165,000 750,000
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January February March Quarter December purchases 93,000 0 0 93,000 January purchases 135,000 135,000 270,000 February purchases 157,500 157,500 315,000 March purchases 82,500 82,500 Less beginning Total cash disbursement for purchases 228,000 292,500 240,000 760,500 3) January February March Quarter Salaries and wages 27,000 27,000 27,000 81,000 Advertising 70,000 70,000 70,000 210,000 Shipping 20,000 30,000 15,000 65,000 Other expenses 12,000 18,000 9,000 39,000
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