answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
harina [27]
2 years ago
6

The following is a schedule of the projected unit sales of Western Company, which manufactures casual wear. Each unit sells for

$25. The company began the period with a beginning accounts receivable balance of $10,000. Choose the correct answer from the options provided. Quarter First Second Third Fourth Year Budgeted unit sales 1,500 1,300 1,400 1,300 5,500 Percentage of sales collected in the quarter of the sale 75% Percentage of sales collected in the quarter after the sale 25% Knowledge Check 01 What is the amount of budgeted sales revenue for the fourth quarter?
A. $32,500
B. $33,750
C. $35,000
D. $37,500
Business
1 answer:
Likurg_2 [28]2 years ago
7 0

Answer:

The correct option is A,the fourth quarter budgeted revenue is $32500 as shown below.

Explanation:

The budgeted sales quantity for fourth quarter is 1300 units at $25 each.

From Economics equation of revenue equals price multiplied by quantity, the revenue for the fourth quarter is calculated below.

Revenue=P*Q

P=price=$25

Q=budgeted quantity=1300 units

Revenue=$25*1300

Revenue=$32500

The value of this revenue that would be collected in the same quarter is 75%*$32500 is $24375 while the balance of $8125 in the first quarter of the succeeding year.

This way cash flow planning in terms of matching capital payments with cash receipt is better enhanced.

You might be interested in
Quality Timber Pty Ltd is a well-established logging company. With below-average performance, their packaging department is cons
sashaice [31]

Answer:

Quality Timber Pty Ltd

In this scenario, the performance norms are _below-average____ and cohesiveness is _ high____, so productivity is _low___.

Explanation:

It has been established that group norms influence individual behavior and group performance.  Performance Norms refer to how a person should work in a given group and what his or her output should be.

Cohesion, according to wikipedia.com, "can be more specifically defined as the tendency for a group to be in unity while working towards a goal or to satisfy the emotional needs of its members."  Employees of the packaging department tend to be enjoying so much group cohesiveness.  But, they need to break some habits to focus on achieving corporate goals by increasing their productivity.

According to Paul Krugman of the Organization for Economic Co-operation and Development, "Productivity is commonly defined as a ratio between the output volume and the volume of inputs.  In other words, it measures how efficiently production inputs, such as labour and capital, are being used in an economy to produce a given level of output."  A rough assessment of the packaging department employees' performance shows low productivity, as they are "consistently behind schedule and take long lunch breaks, and frequently chat with co-workers," instead of concentrating on their jobs.

8 0
2 years ago
Huang Aerospace Corporation manufactures aviation control panels in two departments, Fabrication and Assembly. In the Fabricatio
Yanka [14]

Answer:

b. $1,500

Explanation:

The computation of the total amount of manufacturing overhead is shown below:

= Assembly department + Fabrication department

where,

Assembly department equals to

= $30 × 40 machine hours

= $1,200

Fabrication department would be

= $12 × 25 direct labor hour

= $300

So, the total manufacturing overhead would be

= $1,200 + $300

= $1,500

7 0
2 years ago
Otis, the manager of a camera store, believes that his store may be closed by corporate in the near future, so he cannot sleep w
Wewaii [24]

Answer: His district manager may be influenced by <u><em>availability bias. </em></u>

Explanation:

Availability bias may influence his manager because the district manager has this information in his recent memory. He may consider this to be an accurate description of Otis's behavior all of the time, and not just in recent times. Since everything has occurred since the last evaluation he may be judged solely on these actions and not of his overall actions and work ethic in the past.

There are several ways to avoid availability bias such as:

  • Set high standards
  • Build a diverse team
  • Utilize your network
  • Seek input from your team

7 0
2 years ago
. Which of the following describes a short position in an option? A. A position in an option lasting less than one month B. A po
True [87]

Answer:

D. A position where an option has been sold.

Explanation:

The option writer has a SHORT position in options. This is when a writer sells a put or call they don't own; in other words, they are short the put or call.

7 0
2 years ago
Colorado Traffic laws are revised each year by
neonofarm [45]
Puppies :D
I can explain this because this is how or entire country should be ran. Puppies are answers to everything. Don't @ me. ;)
5 0
2 years ago
Other questions:
  • A white man places a rental property he owns on craigslist to rent it out for the next year. he receives two very promising appl
    6·2 answers
  • A politician whose ultimate goal is to get elected is planning campaign ads for tv. in planning the ads, the politician is funct
    13·1 answer
  • Match each online banking security practice with the PCI security requirement that mandates it
    5·1 answer
  • Shelly works as a call-center employee from inside her home. The company she works for does not mind that she works from home be
    10·1 answer
  • Jared told his boss, Maggie, that he is going to start training for the upcoming marathon to be healthier and to have more energ
    14·1 answer
  • Due to customer no-shows, the Inn at Charlotte hotel is considering implementing overbooking. The Inn at Charlotte has 150 rooms
    6·1 answer
  • On January 1, 20x1, the ABC Corporation purchased 80% of the XYZ Company's voting stock for $3,000,000. The FMV of all of XYZ's
    15·1 answer
  • Schwiesow Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.05 Direct labor
    9·1 answer
  • Stockbridge Industries has a total assets turnover ratio of 4.1x and net annual sales of $49.20 million. If stockbrige has $5 mi
    13·1 answer
  • Cash flows during the first year of operations for the Harman-Kardon Consulting Company were as follows: Cash collected from cus
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!