### Compute the amount of accounts receivable reported

##### Reference no: EM132013633

Memphis Company anticipates total sales for April, May, and June of \$810,000, \$910,000, and \$960,000 respectively. Cash sales are normally 20% of total sales. Of the credit sales, 35% are collected in the same month as the sale, 60% are collected during the first month after the sale, and the remaining 5% are collected in the second month. Compute the amount of accounts receivable reported on the company's budgeted balance sheet for June 30.

### Previous Q& A

#### Determining the machine hours in the finishing department

How much total overhead will be assigned to a product that requires 1 direct labor hour and 3.7 machine hours in the Assembly Department

#### Explain why the use of budgetary slack may be unethical

Explain why the use of budgetary slack may be unethical. Briefly discuss future implications if this situation is not resolved

#### Baldwin product brat has material costs

Baldwin's product Brat has material costs that are rising from \$13.66 to \$14.66. Assume that period costs and other labor costs remain unchanged.

#### Read the screenplay of favorite movie

Would you rather read the screenplay of your favorite movie or watch a movie based on your favorite book?

#### What is coefficient of variability for the variable price

Using Excel and the "Whitner Data Set" file located in e-learning, conduct a Data Analysis (Descriptive Statistics) of the variable "Price".

#### Prepare the journal entry to record the accounting change

Denozzo Builders will then use the completed contract solely for tax purposes. The tax rate is 40%. Prepare the Journal Entry to record the accounting change

#### Examine the variety of preemployment tests

Examine the variety of preemployment tests available for organizations and describe which of the tests you would use at your company if you were hiring security

#### Risks of starting a new business

If the risks of starting a new business are deemed too high by an individual, he/she might choose to stay with his/her current company and try to develop

#### Jcaho in the process of accreditation

Why do health care organizations seek accreditation from the JCAHO? What is the role of the JCAHO in the process of accreditation?

#### Hcis issues and challenges

What are the current issues and challenges pertaining to the use of health care information systems (HCIS) that providers and organizations

### Similar Q& A

#### What is your role when it comes to communicating policy

As a manager, what is your role when it comes to communicating policy changes to employees, especially when policy is not one with which you necessarily agree?

#### Project in terms of project completion

Analyze your project in terms of project completion, critical path, and slack / float. Specifically, be sure to answer the following:

#### Logistic and supply chain management

My area of this assignment is to cover Distribution and Warehousing Our Company is Re-seller of wine, We imported Red and White Wine from Italy to Melbourne.

#### Analysis of the four major domains of cobit

Perform a high-level analysis of the four major domains of COBIT. (Keep in mind that COBIT is intended to make sure that IT provides the systematic rigor needed for the strong internal controls and Sarbanes-Oxley compliance.) Select the domain tha..

#### Relationship between substrate and the product

Describe the relationship between substrate and the product. What happens when you increase the amount of substrate?

#### Indirect costs please respond to the following-predict

indirect costs please respond to the following-predict vectorcals indirect costs based on the direct costs e.g. direct

#### Marginal net benefit functions

Consider a municipality A and an irrigation district B with the following marginal net benefit functions that describe net benefits from water consumption q.

#### Performance improvement and quality improvement

1. In order for Total Quality Management (TQM) to work, what do leaders and high-level management need to do? In the TQM process, discuss the direct link between performance improvement and quality improvement.

#### Discuss which of the functions that the money perform

Discuss which of the functions that the money and capital markets perform are important to Jim Jenkins as he considers various options for purchasing the HDTV.

#### Consumer behaviour theories

1. Visit www.victoriassecret.com. Critically discuss using consumer behaviour theories on how this famous Web site use enhancement of the self to attract consumers? A significant portion of sales in the organization's retail stores are males, thus..

#### Evaluate the costs and benefits of outsourcing employees

"Outsourcing can be a cost-effective alternative to the expense and administrative burden of a traditional employer-employee relationship." Evaluate the costs and benefits of outsourcing employees. What market-failure problems could be created or ..

#### Define the role of the various groups of adopters

Define the role of the various groups of Adopters on the Product Life Cycle and the S-Curve