Week 1 Quiz

ndow Help mework.pdf Aa v Question 5 You have been recently hired as general manager of Lucky's. It is September 1, and you must prepare the operating budget of this establishment for the first quarter of the upcoming calendar year, and submit it to the corporate office. Since you have been at the operation for only a month or so, you must rely solely on historical data. You gather sales reports and records for the months of January through August of the current year. Using the data provided, prepare the operating budget for Lucky's for the months of January through March of the upcoming year. Here is the information you determined from the most recent sales and costs records: Sales are 10 percent higher than those of the same month during the previous year. Food cost percentage is steady at 32 percent. Fixed labor costs are steady at $9,000 per month. Variable labor costs are 15 percent of sales. Occupancy costs will remain steady at $2,000 per month. Other controllable costs are…

Prior midnight March 11, post at least once about this week's Wiley assignment. You may post asking your fellow learners for help or share your own insight as you work through the assignment. Some guiding points: -    - What is the first step you will take to successfully complete a budget for yourself ? - What are some of the challenges in creating a budget for a company?

Im having trouble with this accounting problem.

please answer within 30 minutes.

Scenario You are the project manager working on a Market Mailing project. The client informed your project team during the project planning phase that the project must be completed on time in order to sync with the launch of the new product. Also, the client informed you and the team that there is no cash reserve for the project so the project has to be completed within budget. Below is the status update that two project team members (Jennifer and Ben) put together. Based on the project's performance to date, complete the Rating Project Risk exercise on the next page. Task| Budgeted Actual Percent works Estimate Planned Planned Actual Projected| Planned to Actual Resource Resource Utilization Utilization works end date work complete complete date start start date end cost cost date to date 60 hours I $600 50 hours I $500 June 15 March June 15 120 hours / $1200 120 hours / $1200 A 30% 90 hours March 25% 30% I $900 15 30 May 15 April 8 B 30% April 1 May 30 30% 60 hours I $600 50% Rating…

**Please answers questions 2-4**You have just been hired as a new management trainee by Earrings Unlimited, a distributor of earrings to various retail outlets located in shopping malls across the country.  In the past, the company has done very little in the way of budgeting and at certain times of the year has experienced a shortage of cash.  Since you are well trained in budgeting, you have decided to prepare a master budget for the upcoming second quarter.  To this end, you have worked with accounting and other areas to gather the information assembled below. The company sells many styles of earrings, but all are sold for the same price - $10 per pair.  Actual sales of earrings for the last three months and budgeted sales for the next six months follow (in pairs of earrings): January (actual).....  20,000 June (budget).....  50,000 February (actual).....  26,000 July (budget).....  30,000 March (actual).....  40,000 August (budget).....  28,000 April (budget).....  65,000…

Student Exercise 2: Cash Flow Budget The purpose of this exercise is provide hands-on learning in how to create a Cash Flow Forecast that predicts the month-end bank balance for every month of the year. In this scenario, you are the manager in a pharmaceutical company ABC. You are required to complete a cash flow forecast using the template provided. Your cash flow forecast will predict the bank balance at the end of each month for every month of the year The information you have at your disposal to complete this task is as follows: 1. The pharmacy has on its books four (4) major marketing events to run which will take place in March, May, August, and October. 2. The total of $285,000 of product sales will be earned in the months that the events are held. The March event will ean $65,000, and the other events in May, August and October will earn $70,000, 85,000 and $65,000 respectively. 3. Expenditure on casual salaries, travel and transport, and venue hire will occur only in the…

X Search the web ↑ EXPERT SOLUTION RECOMMENDED QUESTIONS Homework help starts here! ← Q&A Library Step 6 Budgeted Balance Sheet Minden Company Budgeted Balance sheet as on May 31 Assets Cash Accounts Receivable Inventory Building and equipment, net of Depreciation Total Assets Liabilities and stakeholders equity Accounts Payable Notes Payable Common Stock Retained Earnings Total Liabilities and stakeholders equity Still Need Help? FOLLOW UP QUESTION WAS THIS HELPFUL? FEEDBACK The company is in the process of preparing a budget... во Amount $ 8900 70000 40000 211500 330400 ASK AN EXPERT CHAT | √ MATH SOLVER 72000 20000 180000 58400 330400 where from

**. A professor is expected to cover 16 chapters in an operations management text cach nester. One semester the professor dismisses class 30 minutes early every Monday and Friday and is able to cover only 12 chapters. What is the professor's efficiency? A. 75% B. 4 C. 133% D. -4 E 43%

help please answer in text form with proper working and explanation for each and every part and steps with concept and introduction no ai no copy paste remember answer must be in proper format with all working

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please answer   with working please answer  with everything  like explanation , computation , formulation with steps no copy paste please answer in text not image thanks  need complete and correct answer please remember answer all or leave answer all or skip

Please include the excel formulas too! If someone can help me I will give a thumbs up! Please help me with the last two sections that are not filled out yet. Zoom in to see the images clearer. Thanks! :)

Can someone help me, please?

FINAL EXAM Managerial Finance.pdf - Adobe Reader File Edit View Window Help Оpen 1 73.8% Tools Fill & Sign Comme Sign I • Export PDF • Create PDF • Edit PDF 1- Evaluate the following projects using the payback method assuming a rule of 3 for payback. years • Combine PDF Project A -10,000 Project B -10,000 Year • Send Files 1 4,000 4,000 Store Files Full-screen Snip 4,000 3,000 3 4,000 2,000 Acrobat.com 4 1,000,000

Assignment 6.1: Session 6 Comprehensive Problem (Chapter 8) Instructions In this session, we have a 6-part comprehensive problem. Download the Session 6 Comprehensive Problem Templates below to complete the 6 required parts of the problem. You will need your Bergevin and MacQueen book for reference. Rancho Cucamonga Inc. began business on January 1, 2020. The firm earned $100 from sales in its first year of business. Rancho Cucamonga collected $90 of revenue earned in cash during 2020 and reported a $10 account receivable on its 2020 balance sheet. The firm paid $70 cash for operating expenses in 2020 and reported a $5 account payable for unpaid operating expenses on its 2020 balance sheet. Income tax laws only recognize cash collected from sales and cash paid for expenses as taxable items in the year collected or paid. Rancho Cucamonga also reported a $10 fine, paid in cash, to the federal government for unfair business practices. Generally accepted accounting principles allow firms…

Answer 4,7, 8, 9 and 10.

Hello i have attached two pictures. They are both used together to answer the question. The first picture is the information to use too answer the question. The second attachment is the for the answer. I hope it is understandable and whoever answer this can please explain how they got the answers. I need the help

please help me

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Creat an initial budget sheet showing the sistribution of $100,000 use the example's format on EXCEL.

Complete d through g please and thank you

i need the answer quickly

Subject :- Accountimg

in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working!!!!!!!

Please include the excel formulas too! If someone can help me I will give a thumbs up! Please help me with the last two sections that are not filled out yet. Thanks! :)