(TCO F) Matuseski Corporation is preparing its cash budget for October. The budgeted beginning cash balance is $17,000. Budgeted cash receipts total $187,000 and budgeted cash disbursements total $177,000. The desired ending cash balance is $40,000. The company can borrow up to $120,000 at any time from a local bank, with interest not due until the following month.
Required: Prepare the company's cash budget for October in good form.
(TCO B) Aziz Corporation produces and sells a single product. Data concerning that product appear below. Selling price per unit$130.00
Variable expense per unit$27.30
Fixed expense per month$165,3
Required: Determine the monthly break-even in either unit or total dollar sales. Show your work!