The following data was taken from the production and accounting records for Casuccio Manufacturing, Inc. Unaudited2026 Audited2025 Audited2024 Operating Data Capacity in units 450,000 450,000 450,000 Production in units 450,000 400,000 300,000 Inventory in units 32,000 28,000 21,000 Financial Data ($000) Total revenues $35,200 $27,500 $21,200 Total assets $23,000 $19,500 $15,700 Accounts receivable, net $5,900 $4,300 $3,900 Bad debt expense $175 $135 $105 Accounts receivable written off $165 $125 $100 Required Calculate the following ratios for 2026, 2025, and 2024: Sales to total assets. Sales to production. Revenue per unit sold. Accounts receivable growth to sales growth. Uncollectible accounts expense to net credit sales. Uncollectible accounts expense to accounts receivable written off. Accounts receivable turnover in days.
The following data was taken from the production and accounting records for Casuccio Manufacturing, Inc. Unaudited2026 Audited2025 Audited2024 Operating Data Capacity in units 450,000 450,000 450,000 Production in units 450,000 400,000 300,000 Inventory in units 32,000 28,000 21,000 Financial Data ($000) Total revenues $35,200 $27,500 $21,200 Total assets $23,000 $19,500 $15,700 Accounts receivable, net $5,900 $4,300 $3,900 Bad debt expense $175 $135 $105 Accounts receivable written off $165 $125 $100 Required Calculate the following ratios for 2026, 2025, and 2024: Sales to total assets. Sales to production. Revenue per unit sold. Accounts receivable growth to sales growth. Uncollectible accounts expense to net credit sales. Uncollectible accounts expense to accounts receivable written off. Accounts receivable turnover in days.
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter10: Evaluating Decentralized Operations
Section: Chapter Questions
Problem 5E: Service department charges In divisional income statements prepared for Demopolis Company, the...
Related questions
Question
The following data was taken from the production and accounting records for Casuccio Manufacturing, Inc.
Unaudited 2026 |
Audited 2025 |
Audited 2024 |
||||
Operating Data | ||||||
Capacity in units |
450,000 |
|
450,000 |
|
450,000 |
|
Production in units |
|
450,000 |
|
400,000 |
|
300,000 |
Inventory in units |
|
32,000 |
|
28,000 |
|
21,000 |
Financial Data ($000) |
|
|
|
|
|
|
Total revenues |
|
$35,200 |
|
$27,500 |
|
$21,200 |
Total assets |
|
$23,000 |
|
$19,500 |
|
$15,700 |
|
$5,900 |
|
$4,300 |
|
$3,900 |
|
|
$175 |
|
$135 |
|
$105 |
|
Accounts receivable written off |
|
$165 |
|
$125 |
|
$100 |
Required
-
Calculate the following ratios for 2026, 2025, and 2024:
-
Sales to total assets.
-
Sales to production.
-
Revenue per unit sold.
-
Accounts receivable growth to sales growth.
-
Uncollectible accounts expense to net credit sales.
-
Uncollectible accounts expense to accounts receivable written off.
-
Accounts receivable turnover in days.
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