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...
icon
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

Accounts receivable, net

 

$5,900

 

$4,300

 

$3,900

Bad debt expense

 

$175

 

$135

 

$105

Accounts receivable written off

 

$165

 

$125

 

$100

Required

  1. Calculate the following ratios for 2026, 2025, and 2024:

  1. Sales to total assets.

  2. Sales to production.

  3. Revenue per unit sold.

  4. Accounts receivable growth to sales growth.

  5. Uncollectible accounts expense to net credit sales.

  6. Uncollectible accounts expense to accounts receivable written off.

  7. Accounts receivable turnover in days.

AI-Generated Solution
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
steps

Unlock instant AI solutions

Tap the button
to generate a solution

Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning