What is the answer for number 8? 8:20 M8) Avery is planning to purchase inventory forresale costing $100,000 in July. $150,000 inAugust and $90,000 for September. Thecompany pays 40% for the goods in themonth of purchase and 60% in the monthfollowing the purchase. What is thebudgeted cash disbursement for thepurchase of the inventory for the month ofSeptember?a) $100,000b) $150,000c) $90,000d) $126,0009) This standard is set at a level that may bereached with reasonable efforta) Attainable standardb) Unattainable standardc) Ideal standardd) Variance from standard10) Under the method of least squares, alinear equation is developed in the form ofwherein Y is total cost, a= fixed cost, xis output and b= marginal cost.a) Y=a*bxb) Y=a-bxc) Y=a+bxd) Y=ab*x11) Period costs area) Directly traceable to productsb) Treated as expenses in the period theyII||

8) The company's aim will be to increase the profitability of the company. The profits can be…

8) Avery is planning to purchase inventory for resale costing $100,000 in July. $150,000 in August and $90,000 for September. The company pays 40% for the goods in the month of purchase and 60% in the month following the purchase. What is the budgeted cash disbursement for the purchase of the inventory for the month of September? a) $100,000 b) $150,000 c) $90,000 d) $126,000

8) Avery is planning to purchase inventory for resale costing $100,000 in July. $150,000 in August and $90,000 for September. The company pays 40% for the goods in the month of purchase and 60% in the month following the purchase. What is the budgeted cash disbursement for the purchase of the inventory for the month of September? a) $100,000 b) $150,000 c) $90,000 d) $126,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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