Swift, Inc

question 25

Multiple Choice

Swift, Inc. has budgeted its activity for December according to the following information:
1) Sales at $400,000, all for cash.
2) Budgeted depreciation for December is $10,000.
4) The cash balance at December 1 was $10,000.
5) Selling and administrative expenses are budgeted at $40,000 for December and are paid for in cash.
6) The planned merchandise inventory on December 31 and December 1 is $12,000.
7) The invoice cost for merchandise purchases represents 75% of the sales price. All purchases are paid in cash.
How much are the budgeted cash disbursements for December?

• A) $230,000
• B) $340,000
• C) $350,000
• D) $328,000

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Definitions:

External Factors

Elements or conditions outside an individual or system that significantly affect outcomes or operations.

Hackman And Oldham's

Refers to the Job Characteristics Model proposed by Richard Hackman and Greg Oldham, which suggests that job satisfaction is influenced by five core job dimensions.

Job Characteristics Model

A theory that proposes that the nature of a person's job can influence their job satisfaction and performance.

Task Identity

The degree to which a job requires completion of a whole and identifiable piece of work, contributing to a worker's sense of achievement and job satisfaction.