Final answer:
Without additional context or relevant data, it's not possible to accurately determine the expected cash collections for Brarin Corporation in December from the provided options. For a firm that had $1 million in sales revenue with expenses amounting to $950,000, its accounting profit would be $50,000.
Step-by-step explanation:
The subject of the student's question involves forecasting cash collections for Brarin Corporation, which is a business concept. Typically, the expected cash collections would be calculated based on the company's sales forecasts and collection patterns. However, the information provided does not have enough context to determine which of the provided options (A. $360,000, B. $149,600, C. $198,000, D. $347,600) represents the expected cash collections for December. Furthermore, the references to various revenue numbers in the provided information do not give a clear indication of how they relate to Brarin Corporation's December cash collections.
To calculate expected cash collections for a particular month, you generally need a detailed analysis of expected sales and the timing of cash receipts. This can include considering factors like credit sales, cash sales, payment terms offered to customers, and historical collection patterns.
For example, if a firm had sales revenue of $1 million last year and spent $600,000 on labor, $150,000 on capital, and $200,000 on materials, the firm's accounting profit would be the difference between the sales revenue and these expenses. Accounting profit is computed by subtracting total expenses from total revenue, which in this case is $1 million - ($600,000 + $150,000 + $200,000) = $50,000.