Hello I have a question in my Cost Accounting homework that has me really stuck can you please explain how to get the answer to this problem?
1. The city of Charleston had the following sales of water for the selected months of 2016:
Month Sales
February $50,000
March 45,000
April 60,000
May 42,500
June 70,000
July 120,000
All sales are on credit. Historically, 50 percent is collected in the month of sale, 35 percent during
the first month following the sale, and 15 percent in the second month following the sale.
Water purchases by month are as follows:
Month Sales
February $37,500
March 33,750
April 45,000
May 31,875
June 52,500
July 90,000
Water is purchased in the month of sale. All purchases are paid during the month following the
purchase.
Operating costs are $18,000 and everything is paid in cash except for depreciation, which
totals $8,000 a month.
The city plans on purchasing some new equipment in May for $25,000 in exchange for a
note payable.
The April 1 cash balance is expected to be the minimum balance of $5,000.
Money can be borrowed from a local bank in increments of $1,000. (Do not include interest
charges in your budget.)
Required:
Prepare a cash budget for April, May, and June. (Check figures: ending cash balance for April,
May and June are $14,500, $8,500 and $22,500 respectively.)
SOLUTION:Sales BudgetFeb Mar April May June July Net Sales Revenue (in $) – Actual $ 50,000 $ 45,000 $ 60,000 $ 42,500 $ 70,000 $ 120,000 Collection During the month of sale 50%Collection During…
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Hello i Have 3 questions with solutions on cost opportunity, I would like to have DETAILED EXPLANATION and formulas on how to solve he problem related to key concepts.
Thank you
1) 2-11
“If I didn’t have class tonight, I would save the $4 campus parking fee and spend four hours at work where I earn $10 per hour.” The opportunity cost of attending class this evening is:
a) $40
b) $0
c) $4
d) $44
2) 2-13
Referring to Table 2-1: A student has only a few hours to prepare for two different exams this afternoon. The above table shows alternative possible exam scores with three alternative uses of the student’s time. The opportunity cost of scoring a 94 on the economics exam rather than a 77 is:
a) 14 points on the history exam.
b) 8 points on the history exam.
c) 15 points on the history exam.
d) 17 points on the history exam.
3) 2-14
Refer to Table 2-1. A student has only a few hours to prepare for two different exams tomorrow morning. The above table shows alternative possible exam outcomes with three alternative uses of the student’s time. The opportunity cost of scoring an 84 on the history exam rather than 76 is:
Possibility A Economics History
Possibility A Economics History
Possibility A Economics History
a) 7 points on the economics exam
b) 10 points on the economics exam
c) 8 points on the history exam
d) 12 points on the economics exam
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Hello,
I have a 2-3 page paper that is due o Sunday!
Please strictly follow the attached rubric for this assignment!
Thank you!
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Hello,
I have a 2-3 page paper that is due on Sunday!
The topic to be discussed for this paper is Childhood Obesity. Please strictly follow all guidelines on the attached rubric.
Thank you!
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Hello,
I have a 3 page paper that is due this Sunday, please help!
For this paper, I chose CASE STUDY A as the main focus, please use the information from this case study for the paper.
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Hello, I have a paper due that is requesting information.
Question: Current research has shown that there may be a relationship between the consumption of sweeteners and the rise in obesity, so this will be an opportunity to examine the facts and develop an opinion.
Please select one of the following sweeteners: Sugar (sucrose) Fructose High Fructose Corn Syrup Stevia Equal Splenda Ace K Another one that you can find on your own. Answer the following questions about the sweetener that you have selected. Select a sweetener.Explore the history of the sweetener (when it was developed, its composition).Discuss safety and the sweetener that you have selected.Examine the relationship between the sweetener that you have selected and obesity.
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Hello i have a practice exam from cell biology that i need answers for, i have attached 2 different versions of
almost excatly the same except he changed the terms.(both dont need to be done, just the spring 2016) the word document. Please understand these are not general biology question, they are formulated from my professor and are advanced, so they have to be read carefully to answer correctly.
YOUR HELP WILL BE VERY APPRECIATED!:)
1A 2A 3B 4A 5B 6B 7A 8A 9B 10A 11-carrier-The protein triskelion material that is directly associated with coated vesicle formation andbinding to receptor proteins 12-) The protein triskelion…
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hello
i have a project presentation for doing a business plan and opening a new business a store or market a product and its in powerpoint presentation , can you help me with this project i would appreciate it .
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Hello! I have a question about exercise physiology:
List seven specifically different methods by which metabolic systems/pathways can be controlled.
Cite detailed examples (one acute and one chronic for each of the seven you listed) that demonstrate how the body utilizes each of the seven methods listed above.
The methods are:
Here is my question:
Imagine that I use Lactate as a substrate for the first method. How would this substrate be affected acutely and chronically ??
could you also give an example for an enzyme?
I hope everything is clear!
Thank you
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Hello! I have a question about the Great Depression. I don’t understand why the US loaned billions of dollars to European nations during and after WWI and why/how that contributed to the Great Depression.
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Hello I have a question in my Cost Accounting homework that has me really stuck can you please explain how to get the answer to this problem?
1. The city of Charleston had the following sales of water for the selected months of 2016:
Month Sales
February $50,000
March 45,000
April 60,000
May 42,500
June 70,000
July 120,000
All sales are on credit. Historically, 50 percent is collected in the month of sale, 35 percent during
the first month following the sale, and 15 percent in the second month following the sale.
Water purchases by month are as follows:
Month Sales
February $37,500
March 33,750
April 45,000
May 31,875
June 52,500
July 90,000
Water is purchased in the month of sale. All purchases are paid during the month following the
purchase.
Operating costs are $18,000 and everything is paid in cash except for depreciation, which
totals $8,000 a month.
The city plans on purchasing some new equipment in May for $25,000 in exchange for a
note payable.
The April 1 cash balance is expected to be the minimum balance of $5,000.
Money can be borrowed from a local bank in increments of $1,000. (Do not include interest
charges in your budget.)
Required:
Prepare a cash budget for April, May, and June. (Check figures: ending cash balance for April,
May and June are $14,500, $8,500 and $22,500 respectively.)
SOLUTION:Sales BudgetFeb Mar April May June July Net Sales Revenue (in $) – Actual $ 50,000 $ 45,000 $ 60,000 $ 42,500 $ 70,000 $ 120,000 Collection During the month of sale 50%Collection During…
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