PROBLEM: Financial Perspective Gloria Corporation presents the following information for year 2020 & 2021 2021 P 38, 000 2020 P 45, 000 Sales Production Expenses Direct materials 12,000 10, 000 9, 504 Direct labor 8, 976 Factory overhead 5, 000 5, 000 Gross Profit P 18, 000 P 14, 520 Operating Expenses 13,000 13, 000 Operating income P 5, 000 P1, 520 During the year 2020, the corporation was able to sell 10, 000 units which is 25% above the sale 2021. The same capacity was used for factory overhead and operating expenses for years 2020 2021. Other data are as follows: 2020 2021 Raw materials used ( kg) 1, 200 720 Direct labor hours 1, 000 816
PROBLEM: Financial Perspective Gloria Corporation presents the following information for year 2020 & 2021 2021 P 38, 000 2020 P 45, 000 Sales Production Expenses Direct materials 12,000 10, 000 9, 504 Direct labor 8, 976 Factory overhead 5, 000 5, 000 Gross Profit P 18, 000 P 14, 520 Operating Expenses 13,000 13, 000 Operating income P 5, 000 P1, 520 During the year 2020, the corporation was able to sell 10, 000 units which is 25% above the sale 2021. The same capacity was used for factory overhead and operating expenses for years 2020 2021. Other data are as follows: 2020 2021 Raw materials used ( kg) 1, 200 720 Direct labor hours 1, 000 816
Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter16: Financial Planning And Forecasting
Section: Chapter Questions
Problem 2P: AFN EQUATION Refer to Problem 16-1. What additional funds would be needed if the companys year-end...
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