Question

The WRT Corporation makes collections on sales according to the following schedule: 30% in month of...

The WRT Corporation makes collections on sales according to the following schedule: 30% in month of sale 66% in month following sale 4% in second month following sale The following sales have been are expected: Expected Sales April $130,000 May $150,000 June $140,000 Budgeted cash collections in June should be budgeted to be: $140,000 $146,200 $140,520 $141,000 -

2) Fahringer Corporation makes three products that use compound W, the current constrained resource. Data concerning those products appear below: BJ XS QR Selling price per unit $104.83 $528.03 $557.97 Variable cost per unit $ 81.93 $429.60 $419.90 Centiliters of compound W 2.00 11.10 11.30 Rank the products in order of their current profitability from most profitable to least profitable. In other words, rank the products in the order in which they should be emphasized. (Round your intermediate calculations to 2 decimal places.) XS,BJ,QR QR,BJ,XS BJ,QR,XS QR,XS,BJ

Homework Answers

Answer #1
BUDGETED CASH COLLECTION IN JUNE SHOULD BE BUDGETED
JUNE COLLECTION $140000*30% $     42,000.00
APRIL COLLECTION $130000*4% $       5,200.00
MAY COLLECTION $150000*66% $     99,000.00
CASH COLLECTION IN JUNE $ 1,46,200.00
HENCE OPTION "B" THAT IS $ 146200 IS CORRECT
2 BJ XS QR
SALE PRICE PER UNIT (1) 104.83 528.03 557.97
VARIABLE COST PER UNIT(2) 81.93 429.6 419.9
CONTRIBUTION MARGIN(3)=(1-2) 22.9 98.43 138.07
CENTILITERS OF COMPOUND (4) 2 11.1 11.3
CONTRIBUTION MARGIN PER Centiliters(3)/(4) 11.45 8.87 12.22
II III I
THEREFORE OPTION "B" IS CORRECT THAT IS (QR,BJ,XS)
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