Managerial Accounting, Student Value Edition Plus NEW MyLab Accounting with Pearson eText -- Access Card Package (4th Edition)
4th Edition
ISBN: 9780133849332
Author: Karen W. Braun, Wendy M. Tietz
Publisher: PEARSON
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Chapter 9, Problem 9.64BP
1.
To determine
The budgeted balance sheet for BMS at April 30 by showing separate computations for cash, inventory, and owners’ equity balances.
2.
To determine
The combined cash budget for April.
3.
To determine
The total amount of cash available for equipment purchases in April, before financing, if the minimum desired ending cash balance is $13,000 (For this requirement, disregard the $42,700 initially budgeted for equipment purchases.).
4.
To determine
The followings:
a. Prepare a revised budgeted balance sheet for BMS, showing separate computations for cash, inventory, and owners’ equity balances if sell is decreased to$60,000.
b. Suppose BMS has a minimum desired cash balance of $18,000 calculate if company need to borrow the required amount.
c. The effect of decrease in sale of 33 1/3% on income and expenses.
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Chapter 9 Solutions
Managerial Accounting, Student Value Edition Plus NEW MyLab Accounting with Pearson eText -- Access Card Package (4th Edition)
Ch. 9 - Prob. 1QCCh. 9 - Prob. 2QCCh. 9 - Prob. 3QCCh. 9 - Prob. 4QCCh. 9 - Prob. 5QCCh. 9 - Prob. 6QCCh. 9 - Prob. 7QCCh. 9 - Prob. 8QCCh. 9 - Prob. 9QCCh. 9 - Prob. 10QC
Ch. 9 - S9-1 Order of preparation and components of master...Ch. 9 - 59-2 Understanding key terms and definitions...Ch. 9 - S9-3 Sales Budget (Learning Objective 2)
Duke...Ch. 9 - S9-4 Production budget (Learning Objective...Ch. 9 - S9-5 Direct materials budget (Learning Objective...Ch. 9 - Prob. 9.6SECh. 9 - S9-7 Manufacturing overhead budget (Learning...Ch. 9 - S9-8 Operating expenses budget (Learning Objective...Ch. 9 - S9-9 Budgeted income statement (Learning Objective...Ch. 9 - S9-10 Cash collections budget (Learning Objective...Ch. 9 - Prob. 9.11SECh. 9 - S9-12 Cash budget (Learning Objective 3)
George...Ch. 9 - S9-13 Estimate credit card fees (Learning...Ch. 9 - S9-14 Cost of goods sold, inventory, and purchases...Ch. 9 - Prob. 9.15SECh. 9 - E9-16A Budgeting and sustainability (Learning...Ch. 9 - E9-17 A Sales budget for a retail organization...Ch. 9 - E9-18A Sales budget for a not-for-profit...Ch. 9 - E9-19A Production budget (Learning Objective...Ch. 9 - Prob. 9.20AECh. 9 - E9-21 A Production and direct materials budgets...Ch. 9 - E9-22A Direct labor budget (Learning Objective...Ch. 9 - E9-23A Manufacturing overhead budget (Learning...Ch. 9 - E9-24A Operating expenses budget and an income...Ch. 9 - E9-25A Budgeted income statement (Learning...Ch. 9 - E9-26A Budgeted income statement (Learning...Ch. 9 - Prob. 9.27AECh. 9 - E9-28A Cash payments budget (Learning Objective...Ch. 9 - E9-29A Combined cash budget (Learning Objective...Ch. 9 -
E9-30A Sales and cash collections budgets...Ch. 9 - Prob. 9.31AECh. 9 - E9-32A Cash budget and revision (Learning...Ch. 9 - E9-33A Incomplete cash budget (Learning Objective...Ch. 9 -
E9-34A Cost of goods sold, inventory, and...Ch. 9 - E9-35B Budgeting and Sustainability (Learning...Ch. 9 - E9-36B Sales budget for a retail organization...Ch. 9 - E9-37B Sales budget for a not-for-profit...Ch. 9 - Prob. 9.38BECh. 9 - E9-39B Direct materials budget (Learning Objective...Ch. 9 - E9-40B Production and direct materials budgets...Ch. 9 - E9-41 B Direct labor budget (Learning Objective...Ch. 9 - Prob. 9.42BECh. 9 - E9-43B Operating expenses budget and an income...Ch. 9 - E9-44B Budgeted income statement (Learning...Ch. 9 - E9-45B Budgeted income statement (Learning...Ch. 9 - E9-46B Cash collections budget (Learning Objective...Ch. 9 - Prob. 9.47BECh. 9 - Prob. 9.48BECh. 9 - Prob. 9.49BECh. 9 - Prob. 9.50BECh. 9 - Prob. 9.51BECh. 9 - Prob. 9.52BECh. 9 - Prob. 9.53BECh. 9 - P9-54A Comprehensive budgeting problem (Learning...Ch. 9 - Prob. 9.55APCh. 9 - Prob. 9.56APCh. 9 - Prob. 9.57APCh. 9 - P9-58A Combined cash budget and a budgeted balance...Ch. 9 - Prob. 9.59APCh. 9 - P9-60B Comprehensive budgeting problem (Learning...Ch. 9 - Prob. 9.61BPCh. 9 - Prob. 9.62BPCh. 9 - Prob. 9.63BPCh. 9 - Prob. 9.64BPCh. 9 - Prob. 9.65BPCh. 9 - Discussion Questions 1. The sales budget is the...Ch. 9 - Budgeting for a Single Product In this activity,...Ch. 9 - A9-68 Ethics and budgetary slack (Learning...Ch. 9 - Prob. 9.69ACT
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