The tabor sales company had a gross profit margin (gross profits divided by sales) of 30.8 percent and sales of $9.6 million last year. seventy-five percent of the firm's sales are on credit and the remainder are cash sales. tabor's current assets equal $2.6 million, its current liabilities equal $290 comma 000, and it has $96 comma 000 in cash plus marketable securities. a. if tabor's accounts receivable are $562 comma 500, what is its average collection period? b. if tabor reduces its average collection period to 24 days, what will be its new level of accounts receivable? c. tabor's inventory turnover ratio is 9.1 times. what is the level of tabor's inventories?

Kubin company’s relevant range of production is 18,000 to 22,000 units. when it produces and sells 20,000 units, its average costs per unit are as follows: average cost per unit direct materials $ 7.00 direct labor $ 4.00 variable manufacturing overhead $ 1.50 fixed manufacturing overhead $ 5.00 fixed selling expense $ 3.50 fixed administrative expense $ 2.50 sales commissions $ 1.00 variable administrative expense $ 0.50 required: 1. for financial accounting purposes, what is the total amount of product costs incurred to make 20,000 units? 2. for financial accounting purposes, what is the total amount of period costs incurred to sell 20,000 units? 3. for financial accounting purposes, what is the total amount of product costs incurred to make 22,000 units? 4. for financial accounting purposes, what is the total amount of period costs incurred to sell 18,000 units?