UBD Corporation expects to sell 150,000 units during the first quarter of 2021, with an nding inventory for the quarter of 20,000 units. Variable manufacturing costs are budgeted P50 per unit, with 60% of total variable manufacturing costs requiring cash payments during e quarter. Fixed manufacturing costs are budgeted at P120,000 per quarter, 45% of which e expected to require cash payment during the quarter. the cash budget, payments for manufacturing costs during the quarter will total * 1111 111

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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NUBD Corporation expects to sell 150,000 units during the first quarter of 2021, with an
ending inventory for the quarter of 20,000 units. Variable manufacturing costs are budgeted
at P50 per unit, with 60% of total variable manufacturing costs requiring cash payments during
the quarter. Fixed manufacturing costs are budgeted at P120,000 per quarter, 45% of which
are expected to require cash payment during the quarter.
In the cash budget, payments for manufacturing costs during the quarter will total * 6
Format: 1,111,111
Transcribed Image Text:NUBD Corporation expects to sell 150,000 units during the first quarter of 2021, with an ending inventory for the quarter of 20,000 units. Variable manufacturing costs are budgeted at P50 per unit, with 60% of total variable manufacturing costs requiring cash payments during the quarter. Fixed manufacturing costs are budgeted at P120,000 per quarter, 45% of which are expected to require cash payment during the quarter. In the cash budget, payments for manufacturing costs during the quarter will total * 6 Format: 1,111,111
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