thanks in advance ! 14.Mosbey Inc. is working on its cash budget for June. The b
ID: 2701845 • Letter: T
Question
thanks in advance !
14.Mosbey Inc. is working on its cash budget for June. The budgeted beginning cash balance is $28,000. Budgeted cash receipts total $200,000 and budgeted cash disbursements total $199,000. The desired ending cash balance is $49,000. The excess (deficiency) of cash available over disbursements for June will be:
15.
Lizana Clinic uses client-visits as its measure of activity. During December, the clinic budgeted for 3,000 client-visits, but its actual level of activity was 2,980 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for December
$44,000
$17.10
16.Cadavieco Detailing's cost formula for its materials and supplies is $1,990 per month plus $4 per vehicle. For the month of November, the company planned for activity of 94 vehicles, but the actual level of activity was 54 vehicles. The actual materials and supplies for the month was $2,250.
The materials and supplies in the planning budget for November would be closest to:
17.Cadavieco Detailing's cost formula for its materials and supplies is $1,920 per month plus $11 per vehicle. For the month of November, the company planned for activity of 87 vehicles, but the actual level of activity was 52 vehicles. The actual materials and supplies for the month was $2,130.
The materials and supplies in the flexible budget for November would be closest to:
thanks in advance !
14.Mosbey Inc. is working on its cash budget for June. The budgeted beginning cash balance is $28,000. Budgeted cash receipts total $200,000 and budgeted cash disbursements total $199,000. The desired ending cash balance is $49,000. The excess (deficiency) of cash available over disbursements for June will be:
$228,000 $1,000 $27,000 $29,000
15.
Lizana Clinic uses client-visits as its measure of activity. During December, the clinic budgeted for 3,000 client-visits, but its actual level of activity was 2,980 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for December
Data used in budgeting:
Fixed element
per month Variable element per tenant-day Revenue %u2014 $35.00 Wages and salaries $27,000 $11.00 Expendables 1,000 5.00 Facility expenses 10,000 1.00 Administrative expenses 6,000 0.10 Total expenses
$44,000
$17.10
Actual results for December:
Revenue $124,650 Wages and salaries $72,000 Expendables $22,700 Facility expenses $14,600 Administrative expenses $8,105
The activity variance for net operating income in December would be closest to: $358 F $358 U $2,455 U $2,455 F
16.Cadavieco Detailing's cost formula for its materials and supplies is $1,990 per month plus $4 per vehicle. For the month of November, the company planned for activity of 94 vehicles, but the actual level of activity was 54 vehicles. The actual materials and supplies for the month was $2,250.
The materials and supplies in the planning budget for November would be closest to:
17.Cadavieco Detailing's cost formula for its materials and supplies is $1,920 per month plus $11 per vehicle. For the month of November, the company planned for activity of 87 vehicles, but the actual level of activity was 52 vehicles. The actual materials and supplies for the month was $2,130.
Explanation / Answer
$2206
$2492
$27,000Related Questions
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