Mang Eduard operates a buy and sell business. He sells umbrellas in his shop near the city mall. He gets his umbrellas from a local dealer. Each umbrella costs 90.00 pesos each. Expecting rainy season to come, Mang Eduard purchased 4 dozens of umbrellas every week. The supplier then charges 200.00 pesos per dozen for freight. Mang Eduard can sell 12 umbrellas every day. Remember to use the factors to consider in projecting revenues and refer to tables 4, 5 and 6 as your guide. Suppose Mang Eduard purchases and sales is the same every month, fill in the necessary information in table 6. Table 4 Projected Cost of Goods Sold (Monthly) Projected Volume Merchandise/ Cost per Unit Average No. of Items Sold (Monthly) Projected Costs of Products Purchases (Monthly) (A) F = (D x 30 days) J= (A x F) 90 Total

Mang Eduard operates a buy and sell business. He sells umbrellas in his shop near the city mall. He gets his umbrellas from a local dealer. Each umbrella costs 90.00 pesos each. Expecting rainy season to come, Mang Eduard purchased 4 dozens of umbrellas every week. The supplier then charges 200.00 pesos per dozen for freight. Mang Eduard can sell 12 umbrellas every day. Remember to use the factors to consider in projecting revenues and refer to tables 4, 5 and 6 as your guide. Suppose Mang Eduard purchases and sales is the same every month, fill in the necessary information in table 6. Table 4 Projected Cost of Goods Sold (Monthly) Projected Volume Merchandise/ Cost per Unit Average No. of Items Sold (Monthly) Projected Costs of Products Purchases (Monthly) (A) F = (D x 30 days) J= (A x F) 90 Total

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Procedural Coding: CPT and HCPCS

Computer hardware and accessories nowadays support various types of coding for a variety of purposes. Procedural coding is a straightforward process that combines several steps of a calculative sequence to achieve the desired result. It is a type of medical classification that aids in the identification of specific surgical, medical, or diagnostic procedures. It begins as soon as a patient enters the premises of a healthcare provider. These coding systems have significantly aided the process of insurance claims and billing.

Question

Plsss help

Table 5
Freight-in paid
Projected Volume
No. of Items
Average No. of
Freight In (1 Month
Merchandise/
Sold (Daily)
Items Purchased
Products
Only
(Monthly)
(A)
F = (D x 30 days)
J = (F/12) x "P200.00
Total
Table 6
Projected Monthly Costs (Year 1)
Month
January February
March
April
May
June
Cost of
Goods Sold
Expenses
Total Cost &
Expenses
Month
July
August September
October
November December
Cost of
Goods Sold
Expenses
Total Cost &
Expenses

What's More
After learning the calculations presented, you can now compute the
projected costs by month on your business concept. Use the template below and fill
in the necessary figures based on the scenario.
Mang Eduard operates a buy and sell business. He sells umbrellas in his
shop near the city mall. He gets his umbrellas from a local dealer. Each umbrella
costs 90.00 pesos each. Expecting rainy season to come, Mang Eduard purchased 4
dozens of umbrellas every week. The supplier then charges 200.00 pesos per dozen
for freight. Mang Eduard can sell 12 umbrellas every day.
Remember to use the factors to consider in projecting revenues and refer
to tables 4, 5 and 6 as your guide. Suppose Mang Eduard purchases and sales is
the same every month, fill in the necessary information in table 6.
Lonug
Table 4
Projected Cost of Goods Sold (Monthly)
Projected Volume
Merchandisel
Cost per Unit
Average No. of
Projected Costs of
Products
Items Sold (Monthly)
Purchases (Monthly)
(A)
F = (D x 30 days)
J = (A x F)
90
Total

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