BUS 630 Week 4 Assignment Case 6B (Chester &Wayne)

BUS 630 Week 4 Assignment Case 6B (Chester &Wayne)

Asked by 2 years ago
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Week 4 assignment

Managerial Accounting

BUS 630

Chester & Wayne

  1. Prepare a cash budget for each month of the fourth quarter and for the quarter in total. Prepare supporting schedules as needed. (Round all budget schedule amounts to the nearest dollar).

See schedule: answer 1

  1. You meet with Mr. Chester and Mr. Wayne to present your findings and happen to bring along you PC with the budget model software. They are worried about your finding in Part 1. They have obviously been arguing over certain assumptions you were given.

a. Mr. Wayne thinks that the gross margin may shrink to 27.5 percent because of higher purchase prices. He is concerned about what impact this will have on borrowings.

It may sound obvious, but understanding gross margin is often overlooked. This...

BUS 630

1 Answer

Answered by 2 years ago
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BUS 630 Week 4 Assignment Case 6B (Chester &Wayne)

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Excerpt from file: Running head: WEEK 4 ASSIGNMENT 1 Week4assignment ManagerialAccounting BUS630 WEEK 4 ASSIGNMENT 2 Chester&Wayne 1. Prepareacashbudgetforeachmonthofthefourthquarterandforthequarterin total.Preparesupportingschedulesasneeded.(Roundallbudgetschedule amountstothenearestdollar). Seeschedule:answer1 2.

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Asked: 2 years ago