Southern Company is preparing a cash budget for April. The c…

Southern Company is preparing a cash budget for April. The company has $12,000 cash at the beginning of April and anticipates $30,000 in cash receipts and $34,500 in cash disbursements during April. Southern Company has an agreement with its bank to maintain a minimum cash balance of $10,000. What must the company do to maintain the required balance during April?

A business operated at 100% of capacity during its first mon…

A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (19,300 units):     Direct materials $178,400     Direct labor 234,500     Variable factory overhead 243,500     Fixed factory overhead 103,700 $760,100 Operating expenses:     Variable operating expenses $127,400     Fixed operating expenses 43,300 170,700   If 1,900 units remain unsold at the end of the month, what is the amount of inventory that would be reported on the variable costing balance sheet? Do not round intermediary calculations.

Carter Co. sells two products, Arks and Bins. Last year, Car…

Carter Co. sells two products, Arks and Bins. Last year, Carter sold 14,000 units of Arks and 56,000 units of Bins. Related data are: Product Unit SellingPrice Unit VariableCost Unit ContributionMargin Arks $120 $80 $40 Bins 80 60 20 Assuming that last year’s fixed costs totaled $960,000, what was Carter Co.’s break-even point in units?