Module 2 Excel Exercise (1)

p.mheducation.com/ext/map/index.html?_con=con&external_browser%3D0&launchUrl=https%253A%252F%252Flms.mhe D and P Indeed 6 Monster Jobs w Degree Programs O L02 A Hearn: Student Da.. 6 Consumer Center ework: Assignment 1 i Saved Perez Company reported the following operating results for two consecutive years: Required Compute each income statement component for each of the two years as a percentage of sales due to rounding. Round your percentage answers to 1 decimal place. (i.e., 0.234 should be e PEREZ COMPANY Vertical Analysis of Income Statements Percentage of Sales Percentage of Sales Year 4 Year 3 Sales 1,077,500 00S'000'L Cost of goods sold 550,275 000 Z09 Gross margin on sales 450,225 475,500 Operating expenses 130,500 149,800 319.725 325,700 Income before taxes 79.700 81,800 Income taxes 240.025 243.900 % Net income

eBook   Show Me How   Office 365 Question Content Area Profit center responsibility reporting Championship Sports Inc. operates two divisions—the Winter Sports Division and the Summer Sports Division. The following income and expense accounts were provided from the trial balance as of December 31, 20Y9, the end of the fiscal year, after all adjustments, including those for inventories, were recorded and posted: Line Item Description Amount Sales—Winter Sports Division $9,600,000 Sales—Summer Sports Division 15,000,000 Cost of Goods Sold—Winter Sports Division 5,500,000 Cost of Goods Sold—Summer Sports Division 9,500,000 Sales Expense—Winter Sports Division 780,000 Sales Expense—Summer Sports Division 1,000,000 Administrative Expense—Winter Sports Division 700,000 Administrative Expense—Summer Sports Division 1,440,000 Advertising Expense 1,099,000 Transportation Expense 150,000 Accounts Receivable Collection Expense 67,000 Warehouse Expense 966,000…

Question - Oman Environme ps://www.classmarker.com/online- Question 6 of 16 ABC Computers (January) Actual (OMR) Target (OMR) 277,350 Sales Turnover 325.000 Sales Tax (14%) 38,829 45,500 Net Turnover 238,521 279,500 Labor Costs 166.000 175,000 Other Costs 36.000 41.000 Gross Profit 36,521 63,500 If actual labor costs rise so as to halve their difference from the target, what will be the change in actual Gross Profit? O A) Falls by OMR 4,500 O B) Rises by OMR 4,500 O C) No overall effect O D) Rises by OMR 9.000 Next DOLL

Chapter 9: Applying Excel Data Revenue Cost of ingredients Wages and salaries Utilities Rent $16.50 q $6.25 q $10,400 $800 + $0.20 q $2,200 $600 + $0.80 q Miscellaneous Actual results: Revenue $27,920 Cost of ingredients $11,110 Wages and salaries $10,130 Utilities $1,080 Rent $2,200 Miscellaneous $2,240 Planning budget activity 1,800 meals served Actual activity 1,700 meals served Enter a formula into each of the cells marked with a ? below Review Problem: Variance Analysis Using a Flexible Budget Construct a flexible budget performance report Revenue and Actual Spending Flexible Activity Planning Results Variances Budget Variances Budget Meals served ? ? ? Revenue ? ? ? ? ? Expenses: Cost of ingredients ? ? ? ? ? Wages and salaries ? ? ? ? ? ? ? ? ? ? Utilities ? ? ? ? ? Rent Miscellaneous ? ? ? ? ? ? ? ? ? ? Total expenses Net operating income ? ? ? ? ?

Student workpoint 3.7 Be knowledgeable The following information was provided by David, a candle producer, based on his monthly production and sales. Table 3.3.1 Quantity Price per Revenue Fixed Variable Total Profit/ of candle candle from costs costs costs (Loss) (USS) box sold [Total] [Total) (US$S) (USS) boxes box candle (USS) sold (USS) (USS) $10 2,000 2,000 (2,000) 200 $10 2,000 2,000 1,200 3,200 400 $10 4,000 2,000 2,400 4,400 600 $10 6,000 2,000 3,600 5,600 008 1,000 $10 8,000 2,000 4,800 6,800 1200 $10 10 000 2,000 6,000 8,000 1,200 s10 12 000 2,000 7,200 9,200 Referrring to Table 3.3.1, answer the questions below. 1. Complete the profit/(loss) column. 2. Calculate the variable cost per candle box. 3. Draw a break-even graph using the information in the table and show the break-even quantity on your graph. 4. Show on the graph the margin of safety at 1,200 candle boxes sold.

Employees Benefit- UniE Salaries Expense- Managers Employees Benefit Managers Office Supplies Expense Ltithles Expense Taxes and Llcenses Doubtful Account Expense Communication Expense Depreciation Expense Office Building Depreciation Expense- Office Equipment Total Administrative Expenses 3,000 4,500 6,500 3,750 4,250 9.500 3,500 143,500 Note 5- Other Expenses Loss on Sale of Equipment Loss on sale of Investment Total Other Expenses 8,500 7,500 16,000 Note 6- Finance Costs 2,500 Interest Expense on Notes Payable Interest Expense on Bonds Payable Total Finance Costs 3,500 6,000 o000000000000000000 STUDENT PLAYSHOP a. WRITTEN WORKS Instruction: Please use the ANSWER SHEET provided at the end of the module. Modified True or False. Choose only the letter that best describes the statements below. Write: A. Both statements are TRUE. B. Both statements are FALSE. C. Statement 1 is TRUE; Statement 2 is FALSE. D. Statement i is FALSE; Statement 2 is TRUE. DOLLY VINLUAN-ABASTA, CPA, MBA MICHAEL…

Insert Draw Page Layout Formulas Data Review View Tell me Calibri (Body) v A A 11 Wrap Text v В I U Merge & Centem fx B E F CLR Question Lesson Objective # Ma Q4: Solve the following 2 problems related to employee compensation CLR 1-Obj. 4 L2 a. Jon is employed at annual salary of $41995. His regular work week is 38 hours and he is paid semi-monthly i. What is Jon's Gross pay per period? ii. What is hourly rate of pay? iii. What is his gross pay for a period in which work 12 hours of overtime and he is paid overtime at time and a half of What is a salesperson's commission on net sales of $17800 if the commission is paid on a sliding scale of 7%% on the first $7000, 8%% on the next $8000 and 12.5% on sales over $15000? b. CLR 1- Obj. 5 L2 Mark Q5: Solve the following 3 problems related to GST, HST, PST, 公 四

Question 18 View Policies Current Attempt in Progress E-Flix rents DVDS that are mailed out to customers upon demand. E-Flix has identified three activities involved in getting the videos to its customers. Information on those activities for the month of July follows: Estimated Expected Use of Cost Drivers Cost Pools Cost Drivers Overhead Cost Order taking costs Number of orders $20,592 187,200 orders Technology support Number of minutes $11,700 234,000 minutes Picking and shipping Number of DVDS $39,624 330,200 DVDS costs During July, the Tucker family placed 17 orders consisting of 21 DVDS. Tucker required 7 minutes of tech support. Customers pay $9.00 per month to rent unlimited DVDS. Using ABC, how much overhead is applied to the Tucker family account for technology support? O Some other answer O $1.87 O $0.05 o$0.35 2:28 P ) 10/13/23

104-Principles of Manageme Ay courses / BUSS 104-1-20202 / MAKEUP TEST SCHEDULED st (06-05-2021 from 11:00 to 12: Noon) Which one is a Historical Cost Select one: O a. All the Above O b. Rent Factory O c. office Rent O d. Office salary 104-05-21 035 Jump to..

Please help with the income statement based on info below:   Pricing Actual # Revenue Grooming 25 4 3,000 Daycare 18 22 11,880 Boarding 25 12 9,000 Total January Revenue     23,880

Safari File Edit View L 100 History Bookmarks Window Help Week 3 Overview - MGT6017_X70_Operations Management JUL 26 === Problems 1. A manufacturing company has the following financial information (in millions of $): Sales Cost of goods sold Direct labor Purchased materials Overhead All other costs Pretax earnings Administrative costs. Pretax earnings $823 85 Criteria 310 tv 94 a. What is the profit leverage effect of purchasing in this company? b. What is the increase in earnings from an 8 percent savings in purchasing? 2. A service company has the following financial information (in millions of $) Sales Cost of outsourced facilitating goods Cost of in-house services provided 250 84 $510 210 199 77 prod.reader-ui.prod.mheducation.com 24 a. What is the profit leverage effect of reducing the cost of the facilitating goods in this company? b. It has been suggested that the in-house services costs could be reduced by 10 percent in the coming year by implementing lean systems. What effect…

EXERCISE 12-4 The Income Statement columns of the August 31 (year-end) work sheet for Ralley Company are shown here, From the information given, prepare income statement for the company. To save time and space, the expenses have been grouped together into two categories. LO Pra Show m HOV 4 5 ACCOUNT NAME INCOME STATEMENT DEBIT 7 CREDIT 23 Income Summary Sales 32,000.00 31,000.00 324,000.00 24 25 Sales Returns and Allowances 13,310.00 7,700.00 126,360.00 26 Sales Discounts Purchases Purchases Returns and Allowances Purchases Discounts 27 1,200.00 1,300.00 28 29 30 7,500.00 61,560.00 Freight In 31 50,884.00 299,314.00 58.188.00 357,500.00 Selling Expenses 357,500.00 32 General Expenses 33 357,500.00 34 Net Income 35 36 Sheet3 Sheet2 Sheett

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How do I figure the gross up amount and regular gross pay per period?

16% D Fri 12:09 w History Bookmarks Window Help A education.wiley.com W https://msroederbhs.weebly.com/uploads/2/2/4/0/2240201 NWP Assessment Player UI Application Quiz 2 -/3 E Question 1 of 10 View Policies Current Attempt in Progress Presented here are the components in Bradley Company's income statement. Determine the missing amounts. Net Operating Expenses Cost of Gross Sales Income Goods Sold Profit Revenue 2$ $17,000 $35,000 $75,000 $86,000 $59,000 $48.000 Attempts: 0 of 1 used Submit Answer Save for Later tv 80 888 DI DD F3 F4 F5 F6 F7 F8 F9 F10 F11 @ # $ % A & + 2 3 4 7 8 9 { [ W R Y P

Exercise 3.18 Frida's Tax Practice has two departments, tax and audit. The tax department has two product lines, business returns and individual returns. A list of costs and three cost objects from Frida's Tax Practice follow. Required For each cost, identify whether it is direct (D) or indirect (I) for each cost object. Cost object Mr Gruper's Tax Personal personal tax Cost department returns return (a) Subscription to personal tax law updates publication (b) Ink supplies for tax department photocopy machine (c) Portion of total rent for tax department office space (d) Wages for tax department administrative assistant (e) Tax partner's salary (f) Charges for long distance call to Mr Gruper about personal tax return questions (g) Tax partner lunch with Mr Gruper (the tax partner has lunch with each client at least once per year)

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Please help me with show all calculation thanku

e Preview 4) F3 $ R 01- Arctic Air Inc. manufactures cooling units for commercial buildings. The price and cost of goods sold for each unit are as follows: Category Price Cost of goods sold Gross profit F4 Customer service Project bidding Engineering support Total costs In addition, the company incurs selling and administrative expenses of $226,250. The company wishes to assign these costs to its three major customers, Gough Industries, Breen Inc., and The Martin Group. These expenses are related to three major nonmanufacturing activities: customer service, project bidding, and engineering support. The engineering support is in the form of engineering changes that are placed by the customer to change the design of a product. The budgeted activity costs and activity bases associated with these activities are: S⁰5 Activity Number of service requests Number of bids Number of customer design changes Unit volume % Activity 3:0 F5 T Activity-base usage and unit volume information for the…

ezto.mheducation.com Homework: Cost Management and Allocation Assignment Question 7- Homework: Cost Management and Allocation Assignment- Connect Homework: Cost Management and Allocation Assignm... i Saved Help Save & Exit Submit Check my work State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits and Loans). A summary of costs and other data for each department prior to allocation of service department costs for the year ended December 31 follows. 4. points Administration Communications Facilities Deposits $8,320,000 $4,600,000 447, 000 Loans Direct costs $200,000 24,000 $290,000 31,000 $253,000 20,500 Employee hours Number of employees Square footage occupied Skipped 360,000 8. 14 6. 230 130 4,600 13,800 5,100 244, 100 203,300 The costs of the service departments are allocated on the following bases: Administration, employee-hours; Communications, number of employees; and Facilities, square…

4 Chapter : Manufacturing Accounting

please help with the formulas in the spots of the ? in an easy formst to undestand

Problem: Module 6 Textbook Problem 7 Learning Objective: 6-4 Make appropriate segment elimination decisions Perez Company operates three segments. Income statements for the segments imply that profitability could be improved if Segment A were eliminated. Segment Sales Cost of goods sold Sales commissions Contribution margin General fixed operating expenses (allocation of president's salary) Advertising expense (specific to individual divisions) Net income (loss) PEREZ COMPANY Income Statements for Year 2 Complete this question by entering your answers in the tabs below. Required A Required B PEREZ COMPANY Comparative Income Statements for the Year 2 Decision Sales Cost of goods sold Sales commissions Contribution margin General fixed operating expenses Advertising expense Net Income Keep Seg. A Eliminate Seg. A A $ 166,000 (128,000) (21,000) Required a. Prepare a schedule of relevant sales and costs for Segment A. b. Prepare comparative income statements for the company as a whole…

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Filé Edit Förmat View Help COMPA RATIO AVERAGE SALARY OF EMPLOYEES/MIDPOINT OF RANGE Given: Pay grade 1 Midpoint range" $2,175 per month Salary of Employees in Pay Grade E1- $2,306 E2- $2,066 E3- $2,523 E4- $2,414 what is the average salary of employees? What is the compa-ratio?

xercise 5-13 - Con X + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A %252F%252Fmycstate.cincinnatistate.edu%252Fwebapps i Miller Company's contribution format income statement for the most recent month is shown below: Per Unit $ 8.00 5.00 $ 3.00 Sales (34,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 272,000 170,000 Required: (Consider each case independently): 102,000 47,000 $ 55,000 1. What is the revised net operating income if unit sales increase by 19%? 2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 16%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income 3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 5%? $ 4. What is the revised net…