Solution-What is the expected total cash disbursements for

What is the expected total cash disbursements for expenses

Assignment Help Managerial Accounting

Reference no: EM132771063

Grinnell Manufacturing Company has the following information for 2020:

Month	Budgeted Sales
January	$76,000
February	85,000
March	92,000
April	79,000

Month	Budgeted Sales
January	$76,000
February	85,000
March	92,000
April	79,000

Budget Expenses per Month

Note: All cash expenses are paid as incurred; Collections from sales are 50% in the month of sale and 50% in the month following the sale; December 2019 sales were $110,000.

Problem 1: What is the expected total cash disbursements for expenses in February?

A $30,400

B $30,000

C $33,400

D $27,000

E $30,200

Reference no: EM132771063

Questions Cloud

Develop a plan for conducting an hris needs analysis : Detail the current situation for the company, focusing on the issues that the organization is currently facing from using a legacy HRIS. Explain your plan.

Calculate mix and yield variances : Calculate mix and yield variances and suggest possible explanations for Materials variances and Labor variances and Sales variances

Compute the per share amount of income or loss : Compute the per share amount of income or loss from continuing operations for the year ended December 31, 2021

Researching zika virus : You are a researcher researching Zika virus, a mosquito-borne pathogen. The number of cases of Zika have skyrocketed over the past few months and the weather se

What is the expected total cash disbursements for expenses : What is the expected total cash disbursements for expenses in February?

Which microorganism are used our everyday lives : Describe two ways which microorganism are used our everyday lives

What are the invested capital and ROI for Macon : Macon Mills is a division of Bolin Products, Inc. During the most recent year, Macon had a net income of $45 million. What are the invested capital and ROI

Social performance of organizations : Suggest five ways in which the primary stakeholders can influence the organization's financial performance.

Evaluate the conduct of peter lewiston : Evaluate the conduct of Peter Lewiston against the EEOC's definition of sexual harassment Should the intent or motive behind Lewiston's conduct be considered.

User Account

All Pages

What is the expected total cash disbursements for expenses

Reference no: EM132771063

Reference no: EM132771063

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT