QUESTION 22 Beverage Sales $200K; Beverage Sales% -25; Payroll Cost% - 30; Net Profit - $25k; Gross Margin - $320K. Calculate the following: Payroll Cost - For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
Q: YEAR SALES WEIGHTS 1 $1,079,864 0.1 2…
A: Sales or revenue denote the inflows of cash and cash equivalent through conduct of general…
Q: Shep Company combines its operating expenses for budget purposes in a selling and administrative…
A: Sales commission = Total sales ×6% = 20,000×$25×6% = $30,000 Delivery expense = 20,000×$25×2% =…
Q: $393,110 Use the table of annual $8,252 Рayroll Advertising expenses to calculate the category…
A: Percentage of payroll can be calculated as: = Payroll expenses / Total expenses * 100
Q: Whirly Corporation's contribution format income statement for the most recent month is shown below:…
A: Variable costs are costs that vary with the change in the level of output whereas fixed costs are…
Q: Question 2 All fixed costs are listed on a contribution margin income statement. A below the gross…
A: Under contribution Margin income statement, contribution margin is calculated as difference between…
Q: Profit and Loss Statement Problems Open excel and set up Skeletal P&L statements in both dollars and…
A: Income statement means the statement which show the cost of goods sold and selling price and give…
Q: Constantine Corporation has net income of P11.44 million and net revenue of P80 million in 2012. Its…
A: Hi student Since there are multiple questions, we will answer only first question. If you want…
Q: Price Variable cost Quantity Monthly return Credit terms Current credit policy Proposed credit…
A: Variable cost:Variable cost refers to the expenses that a business incurs when it produces or…
Q: 1. Calculate monthly costs 2. Calculate invoices value 3. Calculate total project cost and price
A: As per our protocol we provide solution to the one question only or to the first three sub-parts…
Q: Current Attempt in Progress Bramble Industries expects credit sales for January, February, and March…
A: It is a financial plan that estimates the amount and timing of cash inflows from various sources,…
Q: The following is the sales budget for Yellowhead Inc. for the first quarter of 2018: January…
A: Cash budget means expected cash receipts and expected cash payment with opening and closing cash…
Q: Need help with this question. Thank you
A: Interest Expense: The cost of debt which is incurred during a particular accounting period is called…
Q: Part A: Using the direct method, provide the amounts of support department costs allocated to the…
A: Direct Method of Allocation of Support Department costs to Production departments:Direct…
Q: H) A product is sold for RO 15,000 dated June 10, and terms of payment 4/10, n/30 has been received.…
A: We’ll answer the question no h), since the exact one wasn’t specified. Please submit a new question…
Q: 23 Requirements 1. Prepare Haney Company's schedule of cash receipts from customers and schedule of…
A: Cash Budget - Cash Budget is the summary statement for management to enable them to understand the…
Q: Marwick's Planos, Incorporated, purchases planos from a large manufacturer for an average cost of…
A: Income Statement : It is a part of the financial statement of a company in which revenue and…
Q: Revenue Cycle DURAPLAST’s sales department consists of 17 full-time and part-time employees. They…
A: A system flowchart of a redesigned computer-based system which resolves the control weaknesses:
Q: reorder level.
A: Reorder level = Average demand * Lead time
Q: Question 18 View Policies Current Attempt in Progress E-Flix rents DVDS that are mailed out to…
A: Meaning of Applied Overhead:Applied overhead is the amount of overhead cost that has been applied to…
Q: A company's sales in 2010 were P300,000 and in 2011 were P351,000. Using 2010 as the base year, the…
A: The sales trend percent for 2011 is: 117% Calculation of sales trend percent for 2011 is:…
Q: my wc Information pertaining to Noskey Corporation's sales revenue follows: November 2021 (Actual) $…
A: A cash budget is a forecast which shows a company's cash inflow and outflow over a given time…
Q: Exercise 5-2
A: Solution 1 Given, Unit Selling price = UP = $24 Total Fixed cost = TFC = $24,000 Unit Variable cost…
Q: Problem 11-3 (Algo) A trucking company publishes the following rates: Shipment Weight Less than 500…
A: The process of combining several orders into a single shipment is known as consolidated shipping.…
Q: Use multiplication to find the Total Sales in column E; use the sum function for cell C44. Use the…
A: Sales refer to the units sold by the company in order to earn revenue for the operations. The sales…
Q: Oman Environmi w.dassmarker.com/online- on 6 of 16 ABC Computers (January) Actual (OMR) Target (OMR)…
A: Given that: Actual labour costs = OMR 166000 Target labour costs = OMR 175000
Q: International retail store. Shopmart's managers are considering implementing a new…
A: Decision making - If the decision is to be taken on the basis of cost then such decision should be…
Q: Ex 9.12 Enter each of the following invoices into a multi-column sales journal. Driscoll Company…
A:
Q: Rovniak Reeds, a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be…
A: Sales budget is the statement which is prepared by the entity to forecast the sales and revenue from…
Q: 1. Determine the dollars of revenue that should be allocated to the equipment for each bundled sale.…
A: Income Statement: It Presents a company’s financial performance over a stated period of time.
Q: Company XYZ made total contribution margin of $600,000 and a net income of $110,000. The company…
A: NOTE : As per BARTLEBY guidelines, when multiple independent questions are given, then first…
Q: $60.02 per batch $17.08 per customer order $ 7.31 per assembly hour orders
A: ABC refers to Activity based costing is the method that assign the overhead as well as indirect…
Q: CH11_HW_QA2_PIR Required 1: 1-a. Compute the throughput time for each month. 1-b. Compute the…
A: Throughout time This was the Managerial Accounting techniques to find out the production time of the…
Q: Jilk Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $51,500. Assuming…
A: Net operating income is the amount of money earned by the entity after deducting the operating…
Q: Your boss approaches you in mid-December and requests that you pay certain employees their gross pay…
A:
Q: 17. Consider the following information Economic order quantity Carrying cost. a. What is the annual…
A: Economic order quantity means the number of units to be ordered so that total cost of inventory will…
Q: Please give me step by step directions. Ch 26 pro 7 Product Costs using Activity Rates Nozama.com…
A: a. Calculate the activity rate of sales order processing activity.
Q: eassy manufacturing company statement of comprehensive income
A: The balance sheet shows the financial position whereas, the income statement shows the net income of…
Q: The Stenback Company is in the process of preparing its manufacturing overhead budget for the…
A: The cost of goods manufactured indicates the total amount incurred to manufacture a product. It…
Q: A1 fx Chapter 8: Applying Excel B D E F G 1 Chapter 8: Applying Excel 2 3 Data Year 2 Quarter Year 3…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: Year Average Inventory $29,000 Accounts Receivable 23,000 Accounts Payable 11,000 Credit Sales =…
A: Operating cycle is the sum of time taken by the entity to collect the cash from the customers and…
Q: Moon Karak sells tea. The average selling price of a cup is OMR 0.200 and the average variable…
A: The Break-even point is the situation where the company does not have any profit nor loss.
Q: 95.00% 88.00% Retention held by the owner-x% of bill to owner Retention held from the sub-y% of sub…
A: It is the process of undertaking plans to spend money. This plan enables the business in advance to…
Q: You purchase one IBM March 110 put contract for a put premium of $10. The maximum profit that you…
A: The put option buyer gains with the falling stock prices. The put option buyer can sell at the…
Q: i. The cost of placing an order. ii. The cost of carrying inventory as a percentage of inventory…
A: The goal of the EOQ formula is to identify the total number of units of the product to be ordered.…
Q: Required information The Foundational 15 (Algo) [LO5-1, LO5-2, LO5-3, LO5-4, LO5-5, LO5-6, LO5-7]…
A: Variable cost- the per unit cost which changes with the increase or decrease in the level of…
Q: Source Document 8 IT EXPERT ENTERPRISE No. 707 Persiaran Kayangan 41500 Shah Alam To: Pusat Tuisyen…
A: Double Entry: Under Double entry concept, there is equal and opposite effects in at least two…
Step by step
Solved in 2 steps
- HRM ASSIGNMENT- MBA II SEM POF Entrepreneurship_MBA II Sem.pd x PDE Financial Management - MBA II X O File | C:/Users/ANIKET%20PATWA/Downloads/Financial%20Management%20-%20MBA%2011%20Sem%20.pdf (D Page view A Read aloud V Draw E Highlight 1 of 2 ++ Erase Profit Rs.10,000 Variable Cost 70% 4. The comparative statement of two companies, namely Radha Co. Ltd and Mohan Co. Ltd. given below: Particulars Radha Co. Mohan Co. Sales 400000 400000 Variable Cost 200000 200000 Contribution Calculate? Calculate? Fixed Cost 100000 EBIT Calculate? Calculate? Interest 1000 EBT Calculate? Calculate? You are required to calculate different leverages, and comment which company is better in financial terms, assuming the rate of taxes is 30% and number of shares is 6000. 5. N O 15:58 O Type here to search a 4)) ENG 25 03-05-2021 +do not provide image format answerCH11_HW_QA2_LA Required 1: 1-a. Compute the throughput time for each month. 1-b. Compute the manufacturing cycle efficiency (MCE) for each month. 1-c. Compute the delivery cycle time for each month. (Round your answers to 1 decimal place.) Throughput Time Manufacturing Cycle Efficiency (MCE) Delivery Cycle Time Month 1 days % days Month 2 days % days Month 3 days % days Month 4 days % days Required 3: 3-a. (Month 5) Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 5 the inspection time, process time, and so forth, are the same as for month 4, except that the company is able to completely eliminate the queue time during production using Lean Production. Compute the new throughput time and MCE. 3-b. (Month 6) Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 6 the inspection time, process time, and so…
- Multiple Choices A company's sales in 2010 were P300,000 and in 2011 were P351,000. Using 2010 as the base year, the sales trend percent for 2011 is: * Choose 17% 85% orted net sales of d P360,000 in the 100% 12,respectively. If iat is the trend 117% 48%PRINTER VERSION CALCULATOR 1 BACK NEX Problem 3-35 (Part Level Submission) Sandhill Company produces a molded briefcase that is distributed to luggage stores. The following operating data for the current year has been accumulated for planning purposes. $41.17 Sales price Variable cost of goods sold Variable selling expenses Variable administrative expenses 13.17 11.77 4.17 Annual fixed expenses $15,600,000 3,100,000 6,500,000 Overhead Selling expenses Administrative expenses Sandhill can produce 3,000,000 cases a year. The projected net income for the coming year is expected to be $3,600,000. Sandhill is subject to a 40% income tax rate. During the planning sessions, Sandhill's managers have been reviewing costs and expenses. They estimate that the company's variable cost of goods sold will increase 15% in the coming year and that fixed administrative expenses will increase by $300,000. All other costs and expenses are expected to remain the same.PROBLEM 2-18 Schedule of Cost of Goods Manufactured; Income Statement; Cost Behavior [LO2, LO3, LO4, LO5, LO6] Various cost and sales data for Meriwell Company for the just completed year appear in the work- sheet below: E Hicrosoft Excel Ele Edt Vew rcert Fgrmat Iools Rata Wndow elp 12 - BIU2 E17 B $20,000 $40,000 $110,000 $105,000 $125,000 $9,000 $6,000 $70,000 S17,000 $30,000 $500,000 S80,000 A 1 Finished goods inventory, beginning 2 Finished goods inventory, ending 3 Administrative expenses 4 Manufacturing overhead 5 Purchases of raw materials 6 Raw materials inventory, beginning 7 Raw materials inventory, ending 8 Direct labor 9 Work in process inventory, beginning 10 Work in process inventory, ending 11 Sales 12 Selling expenses 13 N MSheeti/Sheet2 / Sheets / Of the $105,000 of manufacturing overhead, $15,000 is variable and $90,000 is fixed. Required: 1. Prepare a schedule of cost of goods manufactured. 2. Prepare an income statement. 3. Assume that the company produced the…
- Fast pls solve this question correctly in 5 min pls I will give u like for sure Savtk Hanse, Inc., has a cash cycle of 45 days, an operating cycle of 66 days, and an inventory period of 28.5 days. The company reported cost of goods sold in the amount of $345,000, and credit sales were $568,000. What is the company’s average balance in accounts payable and accounts receivable? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)MANUFACTORING Investigate % A packaging employee making $18 per hour can package 90 items during that hour. The direct material cost is $1.20 per item. What is the total direct cost of 1 item? A. $1.20 C. $1.40 o' F5 ^ F6 & F7 S F8 B. $0.20 a D. $1.00 DELL F9 I= ACC prtsc F10 home F11 end F12Problem No. 2 Receivables Investment McEwan Industries sells on terms of 3/10, net 25. Total sales for the year are $1,465,000; 40% of the customers pay on the 10th day and take discounts, while the other 60% pay, on average, 80 days after their purchases. Assume 365 days in year for your calculations. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. a. What is the days sales outstanding? Round your answer to two decimal places. b. What is the average amount of receivables? Round your answer to the nearest cent. Do not round intermediate calculations. c. What is the percentage cost of trade credit to customers who take the discount? Round your answers to two decimal places. d. What is the percentage cost of trade credit to customers who do not take the discount and pay in 80 days? Round your answers to two decimal places. Do not round intermediate calculations. e. What would…
- Please do not give solution in image format thank youb Preview File Edit View Go Tools Window ♥ mgt120h-a17.pdf Page 4 of 10 Cost-Volume-Profit Analysis Help 40 The Effect Of Prepaid Taxes On Assets And Liabili... O 13. Goodwill can be recorded a. When customers keep returning because they are satisfied with the company's products. b. When the company acquires a good location for its business. c. When the company has exceptional management. d. Only when there is an exchange transaction involving the purchase of an entire business. Debenture Valuation CC 7 Www D mi popisiva V Search ------- (Cª Ơ www Sat Apr 15 3:05 PM Page 4 of 11 wwwPlease do not give solution in image format thanku
