4. Bureda makes all purchases on account, subject to the following payment pattern: Paid in the month of purchase ......................... 30% Paid in the first month following purchase ............ 65% Paid in the second month following purchase ..... 5% If purchases for April, May and June were P200,000; P160,000; and P250,000, respectively, what was the firm’s budgeted payable balance on June 30?
4. Bureda makes all purchases on account, subject to the following payment pattern:
Paid in the month of purchase ......................... 30%
Paid in the first month following purchase ............ 65%
Paid in the second month following purchase ..... 5%
If purchases for April, May and June were P200,000; P160,000; and P250,000,
respectively, what was the firm’s budgeted payable balance on June 30?
5.
Division Nopat Division Compano
Sales P 90,000 P 150,000
Variable expenses (% of sales) 70% 60%
Segment margin 2,000 23,000
If common expenses were P31,000, what must have been the total fixed costs?
6. A company’s average operating assets are P220,000 and its net operating income is
P44,000. The company invested in new project, increasing average assets to P250,000 and
increasing net operating income to P49,550. What is the project’s residual income if the
required
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