June OMR 180,000 July OMR 192,000 August OMR 108,000 September OMR 174,000 October OMR 126,000 November OMR 140,000
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- Suppose a nation has a labor force of 44.3 million workers and an unemployment rate of 6.21%. Instructions: Round your answers to two decimal places. a. How many workers in this nation are unemployed? Dimillion b. How many workers in this nation are employed? millionThe International Company makes and sells only one product. There are 2 divisions, one in France and one in Newcastie. The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of the year. The following budget data are avalable French Division Cost Structure Variable Cost Monthly Fixed Cost Per Unit Sold Sales Commissions Shipping Advertising Executive Salarles Depreciation on Office Equipment Other £0.80 £1.20 £0.30 £15,000 E35,000 £12,000 £0.35 £20.000 Newcastle Division Cost Structure Variable Cost Monthly Fixed Cost Per Unit Sold £0.90 Sales Commissions Shipping Advertising Executive Salaries Depreciation on Office Equipment £0.80 £0.60 £5,000 £40.000 £18.000 lother CO 80 E5,000 All of these expenses lexceot depreclation) are paid in cash in the month thev are Incurred, If the French Division budoeted to sell 27000 units in Julv instead of5
- Problem 9-09 If a firm has sales of $20,689,000 a year, and the average collection period for the industry is 50 days, what should this firm's accounts receivable be if the firm is comparable to the industry? Assume there are 365 days in a year. Do not round intermediate calculations. Round your answer to the nearest dollar. $QUESTION 3 Prepare the Cash Budget for a project of Zao Enterprises for the period 01 June to 31 August 2021. INFORMATION The following budgeted information was supplied by Zao Enterpises for one of its projects: 1. A favourable bank balance of R50 000 is expected on 31 May 2021. 2. Expected monthly sales are as follows: Units May 4 200 June 6 300 July 6 600 August 5 400 The selling price is R160 per unit. All units produced are sold in the same month. 3. Cash sales usually make up 60% of the total sales. The balance of the sales is on credit. Twenty percent (20%) of the debts are usually settled in the month of the sale for a 5% discount and the balance is collected in the month after the sale. 4. Material purchases are expected to be as follows:7
- Forecasted cash receipts and expenditure for the period August to October are as follows: Cash Receipts Expenditure $ $ 60,000 58,000 July August September October 54000 68,000 90,000 30,000 44,000 Additional information provided: ✓ Expenditure for the period July to October includes monthly depreciation of $5,000. ✓ Payment for the cash related expenditure would be 40% in the month of purchase, the balance being paid the following month. The company intends to sell equipment valued at $25,000 in September. Insurance of $25,000 is payable in December. Opening cash balance as at August 1, $18,800. Required: Prepare a monthly Cash Budget for the period August to October 2021.Please do not give solution in image format thanku# 2 The table below highlights Deluna Company's expected sales Month RM January 100,000 February 120,000 March 110,000 The collection on sales for Deluna Company is structured in the following manner: • In the month of sale - 30 percent • One-month after-sale - 60 percent • Two months after-sale - 8 percent • Uncollectible bad debt - 2 percent Compute the total cash receipts in March:
- INFORMATIONThe following information was provided by Intel Enterprises:1. The bank balance on 31 December 2022 is expected to be R40 000 (unfavourable).2. Credit sales are expected to be as follows:December 2022 January 2023 February 2023R576 000 R540 000 R648 0003. Credit sales usually make up 40% of the total sales. Cash sales make up the balance. Cash customersreceive a 10% discount.4. Credit sales are normally collected as follows:* 30% in the month in which the transaction takes place, and these customers are entitled to a 5% discount.* 65% in the following monthThe rest is usually written off as bad debts.5. Budgeted purchases of inventory are as follows:December 2022 January 2023 February 2023R1 000 000 R800 000 R920 0006. Fifty percent (50%) of the purchases are for cash. The remainder is paid in the month after the purchase.7. The monthly salaries amount to R150 000. Salaries are expected to increase by 9% with…9 Rundle Pointers Corporation expects to begin operations on January 1, year 1; it will operate as a specialty sales company that sells laser pointers over the Internet. Rundle expects sales in January year 1 to total $370,000 and to increase 10 percent per month in February and March. All sales are on account. Rundle expects to collect 70 percent of accounts receivable in the month of sale, 21 percent in the month following the sale, and 9 percent in the second month following the sale. Required a. Prepare a sales budget for the first quarter of year 1. b. Determine the amount of sales revenue Rundle will report on the year 1 first quarterly pro forma income statement. c. Prepare a cash receipts schedule for the first quarter of year 1. d. Determine the amount of accounts receivable as of March 31, year 1. Complete this question by entering your answers in the tabs below. Required Required Required A B Required D с Prepare a sales budget for the first quarter of year 1. Sales Budget…A 297.