Assume a merchandising company's estimated sales for January, February, and March are $111,000, $131,000, and $121,000, respectively. Its cost of goods sold is always 60% of its sales. The company always maintains ending merchandise inventory equal to 20% of next month's cost of goods sold. It pays for 20% of its merchandise purchases in the month of the purchase and the remaining 80% in the subsequent month. What are the cash disbursements for merchandise purchases that would appear in the company's cash budget for February? Multiple Choice O $72,680 $73,680 $70,680 $67,680

Vikrambahi

Assume Will & Partners LLP has the following information on the number of sales orders received and order - processing costs for the latter half of 2022:   Use the high -low method to estimate the order -processing costs if Will & Partners receives 3,500 sales orders in December (assume none of the above values are outliers)   $36,000 $ 44,600 $38,400 $ 37,333 $42,000

Determine the amount of sales (units) that would be necessary under  Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 101,250 units at a price of $84 per unit during the current year. Its income statement for the current year is as follows: Sales     $8,505,000 Cost of goods sold     4,200,000 Gross profit     $4,305,000 Expenses:       Selling expenses $2,100,000     Administrative expenses 2,100,000     Total expenses     4,200,000 Income from operations     $105,000 The division of costs between fixed and variable is as follows:   Variable Fixed Cost of goods sold 70%   30%   Selling expenses 75%   25%   Administrative expenses 50%   50%   Management is considering a plant expansion program that will permit an increase of $672,000 in yearly sales. The expansion will increase fixed costs by $67,200, but will not affect the relationship between sales and variable costs. Required: 1.  Determine the…