The Collins Company purchases blankets from suppliers and th…

The Collins Company purchases blankets from suppliers and then resells them; the company recently prepared a purchases budget that included the following for total purchases: June $177,000 July $178,000 August $131,000 The company pays for 70% of purchases in the month of the purchase and the remaining 30% in the month following the purchase. For July, what is the total dollar amount to be paid to suppliers?

The Evans Company sells packaged cookie arrangements and had…

The Evans Company sells packaged cookie arrangements and had the following monthly information available: unit sales price $40, variable costs to produce each unit $15, rent on facilities $2,000, factory manager’s salary $8,000, product delivery costs of $8 per unit, sales representative’s salary of $5,000. How many units must be sold to break even (rounded to the nearest whole unit)?