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Question 71 Time left 2:22:24 Not yet answered Marked out of 2.00 P Flag question Problem4 For the month of October, P Corp. predicts total cash collections to be P1 million. Also for October, P Corp. estimates that its beginning cash balance will be P50,000 and that it will borrow cash in the amount of P70,000. If P Corp. estimates an ending cash balance of P30,000 for October, what must its projected cash disbursements be? Answer: Question 72 Not yet answered Marked out of 2.00 P Flag question Problem5 Esterwood Hospital has provided you with the following budget information for April: Cash collections P876,000 April 1 cash balance 23,000 Cash disbursements 978,600 Esterwood has a policy of maintaining a minimum cash balance of P20,000 and borrows only in P1,000 increments How much will Esterwood borrow in April? Answer: Question 73 Not yet answered Marked out of 2.00 P Flag question Problem The manufacturing overhead budget at Blink Corporation is based on budgeted direct labor- hours. The direct labor budget indicates that 6,000 direct labor-hours will be required in February. The variable overhead rate is P3.40 per direct labor-hour. The company's budgeted fixed manufacturing overhead is P81,600 per month, which includes depreciation of P18,000. All other fixed manufacturing overhead costs represent current cash flows. How much is total manufacturing overhead? Answer: Question 74 Not yet answered Marked out of 2.00 P Flag question Use data of Problem The company recomputes its predetermined overhead rate every month. The predetermined overhead rate for February should be: Answer: Problem Pink Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 2.5 kilograms of the raw material Jurislon. Budgeted production of Miniwarps for the next five months is as follows: 20,900 August 20,000 units units October September 20,800 units November 20,600 units December 21,300 units The company wants to maintain monthly ending inventories of Jurislon equal to 20% of the following month's production needs. On July 31, this requirement was not met since only 9,700 kilograms of Jurislon were on hand. The cost of Jurislon is P5.00 per kilogram. The company wants to prepare a Direct Materials Purchase Budget for the next five months. How much is the amount of the desired ending inventory of Jurislon for the month of September? Answer: Question 76 Not yet answered Marked out of 2.00 Flag question Use data of Problem 7 How much is the total cost of Jurislon to be purchased in August? Answer: Question 77 Not yet answered Marked out of 2.00 P Flag question Use data of Problem 7 How much is the total disbursement for purchases in September