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1) Adelps Company provides the following information for their first year of operations in 2018:

1) Adelps Company provides the following information for their first year of operations in 2018:

            Sales, 10,000 units @ $20 each

            Total production, 13,000 units

     Production costs per unit:

         Direct materials            $4.00

         Direct labor                   $2.00

         Variable overhead        $2.00

         Fixed manufacturing overhead      $14,000

Adelps Company uses absorption costing. Determine for Adelps Company the FY 2018 Cost of Goods Sold. (Round & enter final answer to the nearest dollar)

2) Adelps Company has budgeted activity for March to reflect net income $190,000. All sales are credit sales. Receivables are planned to increase (decrease -) by $-3,000 payables to increase (decrease -) by $-11,000 and Depreciation Expense is $48,000. Determine how much cash will increase (decrease) during the month of March. (Decreases in accounts receivable or accounts payable will have a negative sign in front of number. Round & enter final answer to the whole dollar.)

 
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