In the previous year, Company E sold 10,000 units for $328,000. In the coming year they are anticipating selling 20% more units than last year. Assuming they do not change their selling price, what is their budgeted revenue for the upcoming year?
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A: Please see the next step for the solution
In the previous year, Company E sold 10,000 units for $328,000. In the coming year they are anticipating selling 20% more units than last year. Assuming they do not change their selling price, what is their budgeted revenue for the upcoming year?
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- Lewellen Products has projected the following sales for the coming year: 01 02 03 04 Sales $940 $1,020 $980 $1,080 Sales in the year following this one are projected to be 20 percent greater in each quarter a. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 30 percent of projected sales for the next quarter. Assume that the company pays immediately. What is the payables period in this case? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Calculate payments to suppliers assuming a 90-day payables period. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. Calculate payments to suppliers assuming a 60-day payables period. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) a. b. Payment of accounts Payment of accounts Payment of accounts 01 02 Q3 Q4Data for Hermann Corporation are shown below: (See image attached) Fixed expenses are $87,000 per month and the company is selling 2,900 units per month. Required: 1-a. How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,200 and monthly sales increase by $20,250? 1-b. Should the advertising budget be increased?Selling price is $120 per unit. Variable costs are $78 per unit. Fixed expenses are $249,480 per month. The company is currently selling 6,000 units. The marketing manager believes it can increase sales revenue per unit to $130. It is also increase advertising by $10,000 increase in the monthly advertising budget would result in a 10 percent increase in monthly sales. If these changes are made, what is the net income expected to become? This time you have to calculate total Net Income.
- Brannon Company expects sales of 700 units for the first quarter, 750 units for the second quarter, 800 units for the third quarter, and 900 units for the fourth quarter. If the sales price is $25 per unit, what is the expected sales for the year? A. $22,500 B. $17,500 C. $20,000 D. $78,750Violet Sales Corp, reports the year-end information from 2023 as follows: Sales (35,500 units) $284,000 Cost of goods sold 105,000 Gross margin 179,000 Operating expenses 152,000 Operating income $27,000 Violet is developing the 2024 budget. In 2024 the company would like to increase selling prices by 3.5%, and as a result expects a decrease in sales volume of 14%. All other operating expenses are expected to remain constant. Assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. What is budgeted sales for 2024?Assume that next year, management wants the company to earn a minimum profit of $ 500,000. How many units will have to sold to meet this target profit figure?
- At January 1, 2022, Oriole Company has beginning inventory of 3000 surfboards. Oriole estimates it will sell 11000 units during the first quarter of 2022 with a 10% increase in sales each for the following quarters. Oriole's policy is to maintain an ending finished goods inventory equal to 25% of the next quarter's sales. Each surfboard costs $100 and is sold for $155. What is the budgeted sales revenue for the third quarter of 2022 $2247500 $2063050 $13310 5542500Filmore Enterprises reports the year-end information from December 31, 2023 as follows: Sales (90,000 units) $1,170,000 Cost of goods sold $409,500 Gross margin $760,500 Operating expenses $620,100 Operating income $140,400 Filmore Enterprises is developing the next twelve- month budget. In January 2024, the company would like to increase selling prices by 3%. As a result, it is expected there will be a decrease in sales volume of 7%. All other operating expenses are expected to remain constant. Assume that COGS is a variable cost and that operating expenses are a fixed cost. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number. What is the budgeted operating income for the year? Budgeted Sales $Answer Budgeted cost of goods sold $Answer Budgeted gross margin $Answer Operating expenses $Answer Budgeted operating income $AnswerA company is considering switching from a cash only policy to a net 30 credit policy. The price per unit is $500 and the variable cost per unit is $350. The company currently sells 1,400 units per month. Under the proposed policy the company expects to sell 1,500 units per month. The monthly compounded APR is 18%. Calculate the NPV of this switch. Assume that there are 30 days in one month. (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the $ sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50) .
- Trips Logistics, a third-party logistics firm that provides warehousing and other logistics services, is facing a decision regarding the amount of space to lease for the upcoming two-year period. 1,000 square feet of warehouse space is required for every 1,000 units of demand, and the current demand at Trips Logistics is for 100,000 units per year. The manager forecasts that from one year to the next, demand may go up 5 percent with a probability of 0.5 or go down by 5 percent by a probability of 0.5. The probabilities of the two outcomes are independent. The manager can sign a two year lease at a price of 0.8 dollar per square feet per year or obtain the warehouse space from sport market with 1.3 dollar per square feet per year. From the current year to the next year, spot prices for warehouse space may go up by 9% with probability 0.5 or go down by 9% with probability 0.5. The probabilities of the two outcomes are independent. The manager believes that the process of…You are upgrading to better production equipment for your firm's only product. The new equipment will allow you to make more of your product in the same amount of time. Thus, you forecast that total sales will increase next year by 18% over the current amount of 96,000 units. If your sales price is $21 per unit, what are the incremental revenues next year from the upgrade? The incremental revenues are $ (Round to the nearest dollar.)Net revenues at an older manufacturing plant will be $2 million for this year. The net revenue will decrease 15% per year for 5 years, when the assembly plant will be closed (at the end of Year 6). If the firm’s interest rate is 10%, calculate the PW of the revenue stream.