7. Uni Corporation expected to sell 150,000 games during the month of January. The following budgeted data are based on that level of sales: Revenues. .P 2,400,000 1,425,000 Variable expenses Fixed manufacturing expenses Fixed selling and administrative expenses 250,000 500,000 Star's actual sales during January were 180,000 games. What should the actual net operating income during January have been? 8. Unity Company has prepared the following budget data: Sales, 150,000 units; selling price per unit, P25.00; variable cost per unit, P15.00; fixed costs and expenses, P1,300,000. An advertising agency claims that an aggressive advertising campaign would enable the company to increase its unit sales by 20%. What is the maximum amount that the company can pay for advertising and obtain a net operating income of P300,000? 9. Leni Company is a medium sized manufacturer of lamps. During the year, a new line called "Heatromax" was made available to customers. The break- point for sales of Heatromax during the year amounted to P200,000 contribution margin of 40%. Assuming that the profit for even with a Heatromax during the total sales generated during the year? year amounted to P50,000, how much were the
7. Uni Corporation expected to sell 150,000 games during the month of January. The following budgeted data are based on that level of sales: Revenues. .P 2,400,000 1,425,000 Variable expenses Fixed manufacturing expenses Fixed selling and administrative expenses 250,000 500,000 Star's actual sales during January were 180,000 games. What should the actual net operating income during January have been? 8. Unity Company has prepared the following budget data: Sales, 150,000 units; selling price per unit, P25.00; variable cost per unit, P15.00; fixed costs and expenses, P1,300,000. An advertising agency claims that an aggressive advertising campaign would enable the company to increase its unit sales by 20%. What is the maximum amount that the company can pay for advertising and obtain a net operating income of P300,000? 9. Leni Company is a medium sized manufacturer of lamps. During the year, a new line called "Heatromax" was made available to customers. The break- point for sales of Heatromax during the year amounted to P200,000 contribution margin of 40%. Assuming that the profit for even with a Heatromax during the total sales generated during the year? year amounted to P50,000, how much were the
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
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Transcribed Image Text:7. Uni Corporation expected to sell 150,000 games during the month of
January. The following budgeted data are based on that level of sales:
Revenues.
.P 2,400,000
1,425,000
Variable expenses
Fixed manufacturing expenses
Fixed selling and administrative expenses
250,000
500,000
Star's actual sales during January were 180,000 games. What should the actual
net operating income during January have been?
8. Unity Company has prepared the following budget data: Sales, 150,000 units;
selling price per unit, P25.00; variable cost per unit, P15.00; fixed costs and
expenses, P1,300,000. An advertising agency claims that an aggressive
advertising campaign would enable the company to increase its unit sales by
20%. What is the maximum amount that the company can pay for
advertising and obtain a net operating income of P300,000?
9. Leni Company is a medium sized manufacturer of lamps. During the year, a
new line called "Heatromax" was made available to customers. The break-
point for sales of Heatromax during the year amounted to P200,000
contribution margin of 40%. Assuming that the profit for
even
with a
Heatromax during the
total sales generated during the year?
year amounted to P50,000, how much were the
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