yotemplate.Part 1- Capital Budgeting (Chapter 6) QuestionsPlease use the following information to answer questions 1-6Corp makes wooden tables and is creating its 2017 capital budget. It expects to sell 40 tables in 2017 at$150 per table.DM Inventory:BB = 50 b.f. of woodDEI = 75 b.f. of woodyour calculations. Feel free to use the example in the notes as aAdditional Information for 2017:DM per table: 6 board feet (b.f.) per table at $2.00 per b.f.DL per table: 2 DLH per table at $25 per DLHO/H is applied at a rate of $4 per DLH (and allocated O/H = actual O/H)WIP InventoryBB = 0EB = 0FG InventoryBB = 5 tablesDEI = 15 tablesFor simplicity, assume costs and revenue per table are the same forprevious years.Assume variable operating expenses are $12 per unit sold and fixed operating expenses are $90.1) What is budgeted revenue for 2017 in dollars?2) How many tables (FG units) should be produced in 2017?3) What is the budgeted O/H cost per unit?octionsthose manufactured in 2017 or in4) What is budgeted Cost of Goods Sold (in dollars) for 2017?5) What are budgeted Operating Expenses (period costs) in dollars for 2017?6) What is estimated operating income for 2017?

Budgeted Revenue :— It is calculated by multiplying units sold with selling price per unit.…

template. Part 1- Capital Budgeting (Chapter 6) Questions Please use the following information to answer questions 1- 6 Corp makes wooden tables and is creating its 2017 capital budget. It expects to sell 40 tables in 2017 at $150 per table. you must show your calculations. Feel free to use the example in the notes as a Additional Information for 2017: DM per table: 6 board feet (b.f.) per table at $2.00 per b.f. DL per table: 2 DLH per table at $25 per DLH O/H is applied at a rate of $4 per DLH (and allocated O/H = actual O/H) DM Inventory: BB = 50 b.f. of wood DEI 75 b.f. of wood WIP Inventory BB = 0 EB = 0 For simplicity, assume costs and revenue per table are the same for previous years. Assume variable operating expenses are $12 per unit sold and fixed operating expenses are $90. Additional FG Inventory BB = 5 tables DEI 15 tables 1) What is budgeted revenue for 2017 in dollars? 2) How many tables (FG units) should be produced in 2017? 3) What is the budgeted O/H cost per unit? 4) What is budgeted Cost of Goods Sold (in dollars) for 2017? 5) What are budgeted Operating Expenses (period costs) in dollars for 2017? 6) What is estimated operating income for 2017? Questions those manufactured in 2017 or in

template. Part 1- Capital Budgeting (Chapter 6) Questions Please use the following information to answer questions 1- 6 Corp makes wooden tables and is creating its 2017 capital budget. It expects to sell 40 tables in 2017 at $150 per table. you must show your calculations. Feel free to use the example in the notes as a Additional Information for 2017: DM per table: 6 board feet (b.f.) per table at $2.00 per b.f. DL per table: 2 DLH per table at $25 per DLH O/H is applied at a rate of $4 per DLH (and allocated O/H = actual O/H) DM Inventory: BB = 50 b.f. of wood DEI 75 b.f. of wood WIP Inventory BB = 0 EB = 0 For simplicity, assume costs and revenue per table are the same for previous years. Assume variable operating expenses are $12 per unit sold and fixed operating expenses are $90. Additional FG Inventory BB = 5 tables DEI 15 tables 1) What is budgeted revenue for 2017 in dollars? 2) How many tables (FG units) should be produced in 2017? 3) What is the budgeted O/H cost per unit? 4) What is budgeted Cost of Goods Sold (in dollars) for 2017? 5) What are budgeted Operating Expenses (period costs) in dollars for 2017? 6) What is estimated operating income for 2017? Questions those manufactured in 2017 or in

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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Round final dollar answers to 2 decimal places. Karly makes loan payments of $1,100 at the end of each month towards the purchase of a recreational vehicle for a term of 4 years at 4.25% compounded quarterly. Referring to the "?"s in the table, and considering inflows and outflows of cash, enter the appropriate values in the blanks below. Mode END PV = PMT= N FV= IY CY Purchase Price = 4.25 4 A P N PV a. Determine the purchase price of the vehicle if Karly made a $7,000 down payment. N = ? PMT N A ? PY 12 FV ? b. Including the down payment, how much will Karly have contributed towards the purchase of the vehicle by the end of the 4 years? Total Contribution = A/ c. Karly is considering paying off the loan early. What is the balance owing on the loan after she makes the 30th payment? Balance Owing - A/ d. How much interest will she have paid out, in total, if she pays the balance owing after the 30th payment? Interest=
BUS 203: INTRODUCTION TO COST AND MANAGEMENT ACCOUNTING PROJECT: CASH BUDGETING ASSOCIATE DEGREE YEAR 2: SEMESTER 1 (2020/21)Ronstadt Limited’s budget for the four months from January to April includes the following data:1. MonthSalesMaterialsWagesOverheads $000$000$000$000January615115.030360February636120.033390March690135.036420April684130.040425 2. One-third of sales revenue is received one month after sale and the remainder is received two months after sale. The sales in the previous two months were: November $600 000; December $540 000.3. One-quarter of purchases of materials are paid for in the month of purchase. The remainder are paid for two months later. Purchases in the previous two months were: November $108 000; December $106 000.4. Two-thirds of the wages are paid in the month in which they are earned, and the balance is paid in the following month. The wages for the previous December amounted to $30 000.5. One-half of the overhead expenditure is paid in the month in…
Please solve subpart A,B max 30-45 minutes thank u AmN companies will get capital from several options where the total funds must be obtained of 1.1 billion rupiah. The following is currently available market information:1. Debt interest rate is 12% per year2. State Bonds with minimal risk (risk free) of 5%3. JCI has a market return of 8%4. The company tax applied is 25%5. The company's performance is good so it has a stock Beta of 1.12The available options relate to the source of AmN's company capital, namely from Debt (direct tobank) and Equity (through ordinary shares) with the following explanation:1. Fully capital obtained from debt2. Fully capital obtained from equity3. The DER policy applied is 1/3 (or DER = 0.3333) Based on the narrative above you are asked to:A. Calculate WACC from the three available optionsB. Decide on the best choice with the reasons.
PLEASE HELP ME TO CREATE A PROBLEM STATEMENT BASE ON THIS INFORMATION AND SOLVE IT MANUALLY.
Janniel Inc. is preparing its budget for 2016. Income statement for 2015 is presented below: Sales (100,000 units) P1,000,00 Cost of sales 600,000 Gross Profit P400,000 Operating expenses 240,000 Operating Income P160,000 Operating expenses includes depreciation of P40,000. For the year 2016, the company plans to increase selling price by 10% which is expected to decrease sales volume in units by 5%. The cost of sales as a percent of sales will increase to 62%. Other than depreciation, all operating costs are variable. Required: What is the budgeted income for 2016?
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What is the equation budget for each of the following 1- The first transaction means that Safia (the owner) entered a capital of $ 10,000 in cash to start the business. An asset (cash) column is created to record this transaction. The effect of the deal is that the assets and equity will increase by $ 10,000 2- The second transaction states that the goods were purchased on credit from Anees (creditor / supplier). The effect will increase the business assets (stocks) as well as liabilities (creditor) by $ 300 because the company owes the money to Anis. 3- Salaries are work expenses. When the cash repayment is made, the asset (cash) will be reduced and the equity (equity) also becomes lower by $ 3000 due to this cash advance. 4- Borrowing is like a bank loan, as the business needs money in its operations. The effects of this transaction are that the assets (cash) and liabilities column (bank loan) are also increased by $ 2000. 5- The cash column will include when the company purchases $…
The Company produces widgets. The sales forecast for 2022 is as follows: Quarter 1 3,000 Quarter 2 8,000 Quarter 3 5,000 Quarter 4 6,000 The unit selling price of the widgets is $200 each. Prepare a Sales Budget for 2022, including the annual total.
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