Disbursements refer to the payment of money from the dedicated fund. The payments for the purchase of any kind of raw material in any previous accounting period and current budget period are the disbursements for raw material. The reason why the total cash disbursements for raw materials increased when the budgeted unit sales changed to 75000 units and the total expected cash collections for the year becomes $2,085,000, required production becomes 274000 units, the cost of raw materials to be purchased is now $1,106,800, and the total cash disbursements for the year will be $1,095,980.

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Answer 1

Question

Chapter 8, Problem 8.1AE

1.

To determine

Introduction: Disbursements refer to the payment of money from the dedicated fund. The payments for the purchase of any kind of raw material in any previous accounting period and current budget period are the disbursements for raw material.

The reason why the total cash disbursements for raw materials increased when the budgeted unit sales changed to 75000 units and the total expected cash collections for the year becomes $2,085,000, required production becomes 274000 units, the cost of raw materials to be purchased is now $1,106,800, and the total cash disbursements for the year will be $1,095,980.

2.

To determine

Introduction: Purchase of raw materials considers all goods or equipment necessary to produce final goods and services.

(a) The total expected cash collections for the year under the revised budget, (b) the total required production for the year, (c) the total cost of raw materials to be purchased for the year, (d) the total expected cash payments for raw materials for the year, and (e) if there is a potential problem when the production manager cautioned that the plant cannot produce more than 90,000 units due to limited availability of milling machine then what needs to be done in this situation.

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Answer 2

Question

Chapter 8, Problem 8.1AE

1.

To determine

Introduction: Disbursements refer to the payment of money from the dedicated fund. The payments for the purchase of any kind of raw material in any previous accounting period and current budget period are the disbursements for raw material.

The reason why the total cash disbursements for raw materials increased when the budgeted unit sales changed to 75000 units and the total expected cash collections for the year becomes $2,085,000, required production becomes 274000 units, the cost of raw materials to be purchased is now $1,106,800, and the total cash disbursements for the year will be $1,095,980.

2.

To determine

Introduction: Purchase of raw materials considers all goods or equipment necessary to produce final goods and services.

(a) The total expected cash collections for the year under the revised budget, (b) the total required production for the year, (c) the total cost of raw materials to be purchased for the year, (d) the total expected cash payments for raw materials for the year, and (e) if there is a potential problem when the production manager cautioned that the plant cannot produce more than 90,000 units due to limited availability of milling machine then what needs to be done in this situation.

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Answer 3

Question

Chapter 8, Problem 8.1AE

1.

To determine

Introduction: Disbursements refer to the payment of money from the dedicated fund. The payments for the purchase of any kind of raw material in any previous accounting period and current budget period are the disbursements for raw material.

The reason why the total cash disbursements for raw materials increased when the budgeted unit sales changed to 75000 units and the total expected cash collections for the year becomes $2,085,000, required production becomes 274000 units, the cost of raw materials to be purchased is now $1,106,800, and the total cash disbursements for the year will be $1,095,980.

2.

To determine

Introduction: Purchase of raw materials considers all goods or equipment necessary to produce final goods and services.

(a) The total expected cash collections for the year under the revised budget, (b) the total required production for the year, (c) the total cost of raw materials to be purchased for the year, (d) the total expected cash payments for raw materials for the year, and (e) if there is a potential problem when the production manager cautioned that the plant cannot produce more than 90,000 units due to limited availability of milling machine then what needs to be done in this situation.

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Answer 4

Question

Chapter 8, Problem 8.1AE

1.

To determine

Introduction: Disbursements refer to the payment of money from the dedicated fund. The payments for the purchase of any kind of raw material in any previous accounting period and current budget period are the disbursements for raw material.

The reason why the total cash disbursements for raw materials increased when the budgeted unit sales changed to 75000 units and the total expected cash collections for the year becomes $2,085,000, required production becomes 274000 units, the cost of raw materials to be purchased is now $1,106,800, and the total cash disbursements for the year will be $1,095,980.

2.

To determine

Introduction: Purchase of raw materials considers all goods or equipment necessary to produce final goods and services.

(a) The total expected cash collections for the year under the revised budget, (b) the total required production for the year, (c) the total cost of raw materials to be purchased for the year, (d) the total expected cash payments for raw materials for the year, and (e) if there is a potential problem when the production manager cautioned that the plant cannot produce more than 90,000 units due to limited availability of milling machine then what needs to be done in this situation.

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Answer 5

Chapter 8, Problem 8.1AE

1.

To determine

Introduction: Disbursements refer to the payment of money from the dedicated fund. The payments for the purchase of any kind of raw material in any previous accounting period and current budget period are the disbursements for raw material.

The reason why the total cash disbursements for raw materials increased when the budgeted unit sales changed to 75000 units and the total expected cash collections for the year becomes $2,085,000, required production becomes 274000 units, the cost of raw materials to be purchased is now $1,106,800, and the total cash disbursements for the year will be $1,095,980.

2.

To determine

Introduction: Purchase of raw materials considers all goods or equipment necessary to produce final goods and services.

(a) The total expected cash collections for the year under the revised budget, (b) the total required production for the year, (c) the total cost of raw materials to be purchased for the year, (d) the total expected cash payments for raw materials for the year, and (e) if there is a potential problem when the production manager cautioned that the plant cannot produce more than 90,000 units due to limited availability of milling machine then what needs to be done in this situation.

Answer 6

Chapter 8, Problem 8.1AE

1.

To determine

Introduction: Disbursements refer to the payment of money from the dedicated fund. The payments for the purchase of any kind of raw material in any previous accounting period and current budget period are the disbursements for raw material.

The reason why the total cash disbursements for raw materials increased when the budgeted unit sales changed to 75000 units and the total expected cash collections for the year becomes $2,085,000, required production becomes 274000 units, the cost of raw materials to be purchased is now $1,106,800, and the total cash disbursements for the year will be $1,095,980.

Answer 7

Chapter 8, Problem 8.1AE

1.

To determine

Introduction: Disbursements refer to the payment of money from the dedicated fund. The payments for the purchase of any kind of raw material in any previous accounting period and current budget period are the disbursements for raw material.

The reason why the total cash disbursements for raw materials increased when the budgeted unit sales changed to 75000 units and the total expected cash collections for the year becomes $2,085,000, required production becomes 274000 units, the cost of raw materials to be purchased is now $1,106,800, and the total cash disbursements for the year will be $1,095,980.

Answer 8

2.

To determine

Introduction: Purchase of raw materials considers all goods or equipment necessary to produce final goods and services.

(a) The total expected cash collections for the year under the revised budget, (b) the total required production for the year, (c) the total cost of raw materials to be purchased for the year, (d) the total expected cash payments for raw materials for the year, and (e) if there is a potential problem when the production manager cautioned that the plant cannot produce more than 90,000 units due to limited availability of milling machine then what needs to be done in this situation.

Answer 9

2.

To determine

Introduction: Purchase of raw materials considers all goods or equipment necessary to produce final goods and services.

(a) The total expected cash collections for the year under the revised budget, (b) the total required production for the year, (c) the total cost of raw materials to be purchased for the year, (d) the total expected cash payments for raw materials for the year, and (e) if there is a potential problem when the production manager cautioned that the plant cannot produce more than 90,000 units due to limited availability of milling machine then what needs to be done in this situation.

Answer 10

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Answer 11

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Answer 12

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Answer 13

Ch. 8 - Prob. 8.1Q Ch. 8 - Prob. 8.2Q Ch. 8 - Prob. 8.3Q Ch. 8 - Prob. 8.4Q Ch. 8 - Prob. 8.5Q Ch. 8 - Prob. 8.6Q Ch. 8 - Prob. 8.7Q Ch. 8 - Prob. 8.8Q Ch. 8 - Prob. 8.9Q Ch. 8 - Prob. 8.10Q

Solution Summary: The author explains that disbursements refer to the payment of money from the dedicated fund for the purchase of raw materials.

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Chapter 8 Solutions