For august, bletchley blinds will have cash receipts of $97,000 and cash disbursements of $108,000. if its beginning cash is $5,000 and its desired reserve is $2,000, what will be its shortfall in cash for the month?

$8,000

Explanation:

The cash balance is computed as follows.

Opening balance, 5,000

Less desired reserve, (2,000)

Cash available for use = 3,000

Add cash receipts, 97.000

Less cash disbursements, (108.000)

Net balance = (8,000)

There, cash shortfall at the end of the month is $8,000.

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o