The jallouk company has projected the following quarterly sales amounts for the coming year: q1 q2 q3 q4sales $270 $330 $390 $540 a. accounts receivable at the beginning of the year are $420. the company has a 45-day collection period. calculate cash collections in each of the four quarters by completing the following: (do not round intermediate calculations and round your answers to the nearest whole number, e. g., 32.) q1 q2 q3 q4beginning receivables $ $ $ $sales 270 330 390 540cash collections ending receivables $ $ $ $ b. accounts receivable at the beginning of the year are $420. the company has a 60-day collection period. calculate cash collections in each of the four quarters by completing the following: (do not round intermediate calculations and round your answers to the nearest whole number, e. g., 32.) q1 q2 q3 q4beginning receivables $ $ $ $sales 270 330 390 540cash collections ending receivables $ $ $ $ c. accounts receivable at the beginning of the year are $420. the company has a 30-day collection period. calculate cash collections in each of the four quarters by completing the following: (do not round intermediate calculations and round your answers to the nearest whole number, e. g., 32.) q1 q2 q3 q4beginning receivables $ $ $ $sales 270 330 390 540cash collections ending receivables $ $ $ $

Zachary company produces commercial gardening equipment. since production is highly automated, the company allocates its overhead costs to product lines using activity-based costing. the costs and cost drivers associated with the four overhead activity cost pools follow: activities unit level batch level product level facility level cost $ 64,800 $ 27,730 $ 15,000 $ 154,000 cost driver 2,400 labor hrs. 47 setups percentage of use 11,000 units production of 780 sets of cutting shears, one of the company’s 20 products, took 240 labor hours and 7 setups and consumed 15 percent of the product-sustaining activities. required: (a) had the company used labor hours as a company wide allocation base, how much overhead would it have allocated to the cutting shears? (b) how much overhead is allocated to the cutting shears using activity-based costing? (c) compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 780 units are produced. if direct product costs are $150 and the product is priced at 30 percent above cost for what price would the product sell under each allocation system? (d) assuming that activity-based costing provides a more accurate estimate of cost, indicate whether the cutting shears would be over- or underpriced if direct labor hours are used as an allocation base. explain how over-or undercosting can affect vaulker's profitability. (e) comment on the validity of using the allocated facility-level cost in the pricing decision. should other costs be considered in a cost- plus pricing decision? if so, which ones? what costs would you include if you were trying to decide whether to accept a special order?

Wallace company provides the following data for next year: month budgeted sales january $120,000 february 108,000 march 140,000 april 147,000 the gross profit rate is 35% of sales. inventory at the end of december is $29,600 and target ending inventory levels are 10% of next month's sales, stated at cost. what is the amount of purchases budgeted for january?

Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44