Question: three pictures are one question cause i couldn't fit it in one picture thank you! Public Manufacturing Company (PMC) is preparing their budgeted financial statements


Public Manufacturing Company (PMC) is preparing their budgeted financial statements for the coming year, and has accumulated the following data: Beginning-of-period balances: Cash $40.000 Accounts Receivable $50,000 Raw Materials Inventory $14,000 Work-in-Process Inventory $160,000 Finished Goods Inventory $6,000 Equipment (historical value) $200,000 Accumulated Depreciation $130.000 Accounts Payable $62.000 Estimates for end-of-period balances: Accounts Receivable $55,000 Raw Materials Inventory $10,000 Work-in-Process Inventory $120.000 Finished Goods Inventory $5,000 Accumulated Depreciation $ 124,000 Accounts Payable $50,000 Budgeted activity levels for the period: Sales 12,000 units @ a sales price of $300/unit Purchases of Direct Materials $500.000 Direct Labor Wages $340,000 Manufacturing Overhead $1,400,000 Selling and Administrative Expenses $1,300,000 What is the budgeted cash received from customers
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