Drew enterprises reports all its sales on credit, and pays operating costs in the month incurred. estimated amounts for the months of june through october are:

june july august september october
budgeted sales $310,000 $330,000 $300,000 $280,000 $260,000
budgeted purchases $144,000 $120,000 $128,000 $132,000 $90,000
• customer amounts on account are collected 60% in the month of sale and 40% in the following month.
• cost of goods sold is 45% of sales.
• drew purchases and pays for merchandise 30% in the month of acquisition and 70% in the following month.

how much cash is budgeted to be received during august?

White company has two departments, cutting and finishing. the company uses a job-order costing system and computes a predetermined overhead rate in each department. the cutting department bases its rate on machine-hours, and the finishing department bases its rate on direct labor-hours. at the beginning of the year, the company made the following estimates: department cutting finishing direct labor-hours 6,000 30,000 machine-hours 48,000 5,000 total fixed manufacturing overhead cost $ 264,000 $ 366,000 variable manufacturing overhead per machine-hour $ 2.00 " variable manufacturing overhead per direct labor-hour " $ 4.00 required: 1. compute the predetermined overhead rate for each department. 2. the job cost sheet for job 203, which was started and completed during the year, showed the following: department cutting finishing direct labor-hours 6 20 machine-hours 80 4 direct materials $ 500 $ 310 direct labor cost $ 108 $ 360 using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to job 203. 3. would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantwide predetermined overhead rate based on direct labor-hours, rather than using departmental rates?

In a chapter 7 bankruptcy, a debtor:

Which of the following is least likely to a team solve problems together