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ericlei12 ericlei12
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3 years ago
The Gadget Company manufactures a wrist watch for spy agencies. The watch has a built-in cell phone, Geiger counter, compass, magnet and garroting wire. Sales are expected to commence in February and remain level at 10,000 units per month. The watch sells for $2 per unit. The raw materials for the product cost $1 per unit. Raw materials are purchased one month before the expected sales, and suppliers are paid one month after the purchase. Gadget's overhead expenses are $3,750 per month and depreciation is $250 per month. What are total cash outflows (disbursements) in May?

Sales and Disbursements Forecast
The Gadget Company
​AprilMayJune
Sales Forecast$20,000$20,000$20,000
Purchases from Suppliers​​​
Payments to Suppliers​​​
General & Admin Expenses​​ 
Depreciation​​​
Total Disbursements​​​


▸ $10,000

▸ $12,950

▸ $13,750

▸ $13,850

▸ $20,000
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
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angelwithinangelwithin
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3 years ago
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ericlei12 Author
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3 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
my life
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Yesterday
Helped a lot
IvanaVR
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2 hours ago
Thanks
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