Dane Inc. has forecast purchases on account to be $465,000 in March, 555,000 in April, $630,000 in May, and $735.000 in June Severty percent fpurchases are paid for in the month of purchase, the remaining 30% are paid in the following month. What are budgeted cash paymerts fer lelowingw0 n May, and $735.000 in Jure Seerty ertMultiple Choice$528,000O $577,500$388,500$189,00011 of 20 t( Prex Delaware Corp. prepared a master budget that included $21,360 for direct materials, $33,600 for direct labor, $18.000 for veriabile oveheat nd$46,440 for fixed overhead. Delaware Corp. planned to sell 4,000 units during the period, but actually sold 4,300 units. What would Delwers etmaterials cost be if it used a flexible budget for the period based on actual sales?Multiple Choice$19,870$21,360$22,962$91,848

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Dane Inc. has forecast purchases on account to be $465,000 in March, 555,000 in April, $630,000 in May, and $735000 n re Severty pecent f purchases are paid for in the month of purchase, the remaining 30% are paid in the following month. What are budgeted cash prymentst le Multiple Choice $528,000 $577,500 $388,500 $189,000

Dane Inc. has forecast purchases on account to be $465,000 in March, 555,000 in April, $630,000 in May, and $735000 n re Severty pecent f purchases are paid for in the month of purchase, the remaining 30% are paid in the following month. What are budgeted cash prymentst le Multiple Choice $528,000 $577,500 $388,500 $189,000

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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