Luchin Copporavon makes one product and it provided the following information so help prepare the...
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Accounting
Luchin Copporavon makes one product and it provided the following information so help prepare the master budget for the next four months of cperabons: credin.
b Regarding credi sales. are collected in the month of the sale and in the followng month.
c The ending intshed goods inwentory equals of the following month's sales.
d The ending raw matenials inventory equals or the following month's raw moterials production needs. Each unit of finlshed goods requires pounds of raw materials. The raw matenals cost per pound.
e Riegarding raw materials purchases, are pald for in the month of purchase and in the following month.
t The drect labor wage rate is $ per hout. Each unlt of fintshed goads requires direct labor hours.
g Variabie manufocturing averhead is $ per direct laborhour. Fixed manufacturing overthead is zero.
The budgeted accounts recelvabie balance at the end of May is closest to:
Multiple Croice
$
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