管理会计第七章管理会计第七章.doc

第七章 114.?Weller Industrial Gas Corporation supplies acetylene and other compressed gases to industry. Data regarding the stores operations follow: o Sales are budgeted at $330,000 for November, $300,000 for December, and $320,000 for January.o Collections are expected to be 85% in the month of sale, 14% in the month following the sale, and 1% uncollectible.o The cost of goods sold is 60% of sales.o The company purchases 80% of its merchandise in the month prior to the month of sale and 20% in the month of sale. Payment for merchandise is made in the month following the purchase.o Other monthly expenses to be paid in cash are $21,200.o Monthly depreciation is $21,000.o Ignore taxes.??Required:a. Prepare a Schedule of Expected Cash Collections for November and December.b. Prepare a Merchandise Purchases Budget for November and December.c. Prepare Cash Budgets for November and December.d. Prepare Budgeted Income Statements for November and December.e. Prepare a Budgeted Balance Sheet for the end of December.? a. ??b. ??c. ??d. ?? e. ?? 115.?At March 31 Streuling Enterprises, a merchandising firm, had an inventory of 38,000 units, and it had accounts receivable totaling $85,000. Sales, in units, have been budgeted as follows for the next four months: ??Streulings board of directors has established a policy to commence in April that the inventory at the end of each month should contain 40% of the units required for the following months budgeted sales.The selling price is $2 per unit. One-third of sales are paid for by customers in the month of the sale, the balance is collected in the following month.Required:a. Prepare a merchandise purchases budget showing how many units should be purchased for each of the months April, May, and June.b. Prepare a schedule of expected cash collections for each of the months April, May, and June.? a. ?? b. ?? ? 117.?Clay Company has projected sales and production in units for the second