Managerial Accounting Cashflow Budget Please help me understand what to calculate for the blank spaces...
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Accounting
Managerial Accounting
Cashflow Budget
Please help me understand what to calculate for the blank spaces
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Production Cost Data the selling price for COMPOSITE KAYAKS, $1200; the selling price for ROTOMOLD KAYAKS is $1000. Cash collections and disbursements All sales are made on account. 50% collected in the quarter sold, the balance is collected in the following quarter Expenses are paid: 80% in the quarter they are incurred, 20% in the following quartert CURRENT DESIGNS Projected Cashflow Budget For the Year Ending December 31, 2017 Production Cost Data the selling price for COMPOSITE KAYAKS, $1200; the selling price for ROTOMOLD KAYAKS is $1000. Cash collections and disbursements All sales are made on account. 50% collected in the quarter sold, the balance is collected in the following quarter Expenses are paid: 80% in the quarter they are incurred, 20% in the following quartert CURRENT DESIGNS Projected Cashflow Budget For the Year Ending December 31, 2017
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