This topic contains a solution. Click here to go to the answer

Author Question: The following information pertains to the January operating budget for Murphy Corporation, a ... (Read 55 times)

K@

  • Hero Member
  • *****
  • Posts: 608
The following information pertains to the January operating budget for Murphy Corporation, a retailer:

 Budgeted sales are $210,000 for January
 Collections of sales are 40% in the month of sale and 60% the next month
 Cost of goods sold averages 66% of sales
 Merchandise purchases total $159,000 in January
 Marketing costs are $3,600 each month
 Distribution costs are $5,300 each month
 Administrative costs are $10,100 each month

For January, the amount budgeted for the nonmanufacturing costs budget is ________.
◦ $90,400
◦ $10,100
◦ $178,000
◦ $19,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by K@ on Mar 6, 2021

matt

  • Sr. Member
  • ****
  • Posts: 344
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




K@

  • Member
  • Posts: 608
Reply 2 on: Mar 6, 2021
:D TYSM


debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

For a complete list of videos, visit our video library