1) d. $211540 ,
cash collection in october from receivables = 20% of september receivables + 80% of october receivables
= [(239000*0.7) * 20%] + [(318000*0.7)*80%]
= 33460 + 178080
= 211540
2) c. $120600 ,
manufacturing cost(156800 * 3/4) = 117600
insurance expense for january to march) [$1000*3] = 3000
depreciation expense (non cash) = 0
property tax expense = 0
cash payment in the month of April = $120600
3) d. flexible budget , it gets adjusted according to level of production activity
5) c. $210885 ,
selling expense = sales commissions + manager salary + advertising expense + shipping expense + miscellaneous expense
=[4% * 647000] + 80800 + 91800 + (1% * 647000) + [2700 + 1/2*(1%*647000)]
= 25880 + 80800 + 91800 + 6470 + 5935
= 210885
1) 2) 3) 4) 5) Nuthatch Corporation began its operations on September 1 of the current...
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