At the Oxnard Office, considering the current rate of payroll, what will be the approximate balance at the end of the fiscal year (June 30th)? Location Oxnard Object Payroll Fiscal Year to Date (7/1/00-4/30/01) Budget $240,000 Supplies Equipment Select the single best answer: A. $0 B. $16,234 C. $46,370 D. $223,767 E. None of the above. *** $7,879 Moorpark Payroll Supplies Equipment *** Must compute necessary figure. $281,758 $98,567 $6,893 Expenditures % Budget Used $186,473.18 *** $104,836.37 $4,680.14 $196,158.13 $73,859.27 $5,691.00 99% 59% 70% 75% 83% Balance $53,526.82 $1,163.63 $3,198.86 $85.599.87 $24.707.73 ***

Use the information given below to prepare the following for Altech Limited for July and August 2021:1.1 Debtors Collection Schedule 1.2 Cash Budget Note: Provide separate monetary columns for each month. Where applicable, round off amounts to the nearest Rand.Information:Extract of Statement of Comprehensive Income for the month ended 30 June 2021RSales 200 000Cost of sales 100 000Rent income 8 000Advertising 4 000Salaries and wages 10 000Rates and taxes 1 200Electricity 3 000Other operating expenses 9 000Additional information:1. The business uses a fixed mark-up of 100% on cost.2. Sales are expected to increase by 10% each month.3. Thirty percent (30%) of the sales are for cash and the balance is on credit. Collections from credit sales are as follows: 40% in the month of the sale, and these customers are entitled to a 2% discount; 55% one month after the sale. The balance is usually written off as bad debts.4. Closing Inventories are kept at a constant level. 50% of purchases…

Q1. Below are the budgeted revenue and expenses for a restaurant for the year 2022. RM (*000) 71,250 Revenue Sales RM ('000) 28,500 4,200 17,100 Expenses Cost of supplies Salaries Wages Depreciation Repair and Maintenance Advertisement Laundry Interest on Loan Miscellaneous expenses Utilities 900 3,000 1,500 200 2,200 2,300 650 Below are the additional information given to you for further analysis: The expected pattern of sales for the year 2022 are as follows and it is the company policy to analyse based on quarters. Percentage of sales 24 Quarter 1 2 20 3 24 4 32 75% of the sales are on a cash basis and the balance will be received in the next quarter. The costs of supplies vary directly with sales and a constant stock value of supplies are kept. 20% of purchases of the food and drinks are for cash and the balance are paid during next quarter. 80% of the repairs and maintenance item is for a major redecoration to be paid in the third quarter. Wages, which are variable with sales, are…

A companys controller is adjusting next years budget to reflect the impact of an expected 3 percent inflation rate. Listed below are selected items from next years budget before the adjustment. After adjusting for the 3 percent inflation rate, what is the companys total budget for the selected items before taxes for next year? a. 858,150 b. 860,412 c. 810,971 d. 858,971