Monica's Mantles expects to sell 22,000 mantles for $125 each next year. The cost for...
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Monica's Mantles expects to sell 22,000 mantles for $125 each next year. The cost for each unit will be ( $ 50 ). Opening inventory will be 2,500 mantles, and closing inventory will be 2,300 mantles. Expenses will be ( $ 1,300,000 ) (including amortization of ( $ 100,000 ) ). Ignore any changes in working capital. Budgeted cash inflow for the year will be ( $ 1,650,000 ) ( $ 1,100,000 ) Question 29 (4 points) Jemima's Outfits has a store in Dixie Outlet Mall. Jemima's Outfits specializes in high-class ladies fashions and sells complete outfits for a uniform price of ( $ 75 ) each. The sales budget for 2021 was to sell 6,000 outfits. Assume that ( 50 % ) of the sales were made for cash, and ( 50 % ) were made on credit terms. Of the credit customers, ( 70 % ) pav by the end of the month following the sale. ( 28 % ) pav by the end of the next
Question 28 (4 points) for each un't will be 350 , Opening inventory will be 2500 martits ind cloling inflow for the year will be 51.650000 5350000 31,100,000 3.450,000 Question 29 (4 points)
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