Two products A and B are manufactured in a department. Sales for the year 2020 were planned as follows:ProductQuarter 1Quarter 2Quarter 3Quarter 480001000011000140006000800075005500Selling prices in Quarter 1 were estimated as OMR 20 per unit for A and OMR 30 for B respectively. Average sales return are 5% of Sales and 10% increase in selling price in each quarter comparedto previous one.According to these estimates, which of the following is estimated Sales (OMR) in Quarter 3 for Product A?Select one:O a. 254050O b. 219600Oc. 185600O d. 252890Next page According to following information, which of the following is the total cost function in the form of Y = F+V*X ? Number of units produced is 8000FixedVariable TotalCostCostCostsMaterial used in Production78,00055,000133,000Labour used in Production52,00057,500109,500Production Facilities cost94,500177,000 160,000 337,00047,00047,500TOTAL COSTSelect one:O a. Y = 337,000+V*8O b. Y = 337,000+V*20%3DO C.Y = 177,000+V*26O d. Y = 177,000+V*20pageASSESSMENTJump to.ENG 40 Phu144 FreeSyne E DogORgPHzDramiumHDMI4OCPSMCEVEлос17H144F1F2F3F4F5F6F7F8PrintScreerF9F10F11F12r 13 r 14 { 152& *16.1

When buyers return faulty, dented, or otherwise undesired items to the vendor, this is referred to…

Two products A and B are manufactured in a department. Sales for the year 2020 were planned as follows: Product Quarter 1 Quarter 2 Quarter 3 Quarter 4 8000 10000 11000 14000 6000 3000 7500 5500 Selling prices in Quarter 1 were estimated as OMR 20 per unit for A and OMR 30 for B respectively. Average sales return are 5% of Sales and 10% increase in selling price in each quarter compared to previous one. According to these estimates, which of the following is estimated Sales (OMR) in Quarter 3 for Product A? Select one: O a. 254050 O b. 219600 Oc. 185600 O d. 252890

Two products A and B are manufactured in a department. Sales for the year 2020 were planned as follows: Product Quarter 1 Quarter 2 Quarter 3 Quarter 4 8000 10000 11000 14000 6000 3000 7500 5500 Selling prices in Quarter 1 were estimated as OMR 20 per unit for A and OMR 30 for B respectively. Average sales return are 5% of Sales and 10% increase in selling price in each quarter compared to previous one. According to these estimates, which of the following is estimated Sales (OMR) in Quarter 3 for Product A? Select one: O a. 254050 O b. 219600 Oc. 185600 O d. 252890

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 4CE: Refer to Cornerstone Exercises 2.2 and 2.3. Next year, Pietro expects to produce 50,000 units and...

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Refer to Cornerstone Exercises 2.2 and 2.3. Next year, Pietro expects to produce 50,000 units and sell 49,300 units at a price of 12.50 each. Beginning inventory of finished goods is 42,500, and ending inventory of finished goods is expected to be 34,000. Total selling expense is projected at 26,000, and total administrative expense is projected at 134,000. Required: 1. Prepare an income statement in good form. Be sure to include the percent of sales column. 2. What if the cost of goods sold percentage for the past few years was 65 percent? Explain how management might react.
Two products A and B are manufactured in a department. Sales for the year 2020 were planned as follows: Product Quarter 1 Quarter 2 Quarter 3 Quarter 4 A 8000 10000 11000 14000 B 6000 8000 7500 5500 Selling prices in Quarter 1 were estimated as OMR 20 per unit for A and OMR 30 for B respectively. Average sales return are 5% of Sales and 10% increase in selling price in each quarter compared to previous one. According to these estimates, which of the following is estimated Sales (OMR) in Quarter 3 for Product A? Select one: a. 254050 b. 219600 c. 185600 d. 252890
Two article A and B are manufactured in a department. Sales for the year 2020 were planned as follows: Product Quarter 1 Quarter 2 Quarter 3 Quarter 4 A 8000 10000 11000 14000 B 6000 8000 7500 5500 Selling prices in Quarter 1 were estimated as OMR 20 per unit for A and OMR 30 for B respectively. Average sales return are 5% of Sales and 10% increase in selling price in each quarter compared to previous one. According to these estimates, which of the following is estimated Sales (OMR) in Quarter 4 for Product A? Select one: a. 354046 b. 385600 c. 193146 d. 259600
Two products X and Z are manufactured in a department. Sales for the year 2022 were planned as follows: Product Quarter 1 Quarter 2 Quarter 3 Quarter 4 X 8000 10000 11000 14000 Z 6000 8000 7500 5500 Selling prices in Quarter 1 were estimated as OMR 20 per unit for X and OMR 30 for Z respectively. Average sales return are 5% of Sales and 10% decrease in selling price in each quarter compared to previous one. According to these estimates, which of the following is estimated Sales (OMR) in Quarter 4 for Product X? Select one: a. 266000 b. 159600 c. 185600 d. 193914
Two products X and Z are manufactured in a department. Sales for the year 2022 were planned as follows: Product Quarter 1 Quarter 2 Quarter 3 Quarter 4 8000 10000 11000 14000 6000 8000 7500 5500 Selling prices in Quarter 1 were estimated as OMR 20 per unit for X and OMR 30 for Z respectively. Average sales return are 5% of Sales and 10% decrease in selling price in each quarter compared to previous one. According to these estimates, which of the following is estimated Sales (OMR) in Quarter 4 for Product X? Select one: O a. 185600 O b. 266000 O c. 193914 O d. 159600
Products A and B are manufactured in a department. Sales for the year 2020 were planned as follows: (In Units) Product Quarter 1 Quarter 2 Quarter 3 Quarter 4 A 5000 7000 10000 8000 4000 6000 8000 5000 Selling price were OMR 10 per unit for A and OMR 20 per unit for B respectively. Average sales return are 10% of Sales and there is 20% increase in selling price every quarter. According to these revised estimates, which of the following is estimated Sales (OMR) in Quarter 4 for Product B? Select one: O a. OMR 124416 O b. OMR 155520 O c. None of the option O d. OMR 100000
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ABB Company reported the results from sales of 5,000 units of Product Y for April 2022. See image.Assume that ABB plans to increase the selling price of Product Y by 10% in June 2022. How many units of the product would have to be sold to maintain an operating income of P20,000? Assume that ABB plans to increase the selling price of Product Y by 10% in June 2022. How many units of the product would have to be sold to earn a net income of P48,000? ABB is subject to 25% corporate income tax.
Schturman Industries Inc. expects to maintain the same inventories at the end of 2020 as at the beginning of the year. The total of all production costs for the year is therefore assumed to be equal to the cost of goods sold. With this in mind, the various department heads were asked to submit estimates of the costs for their departments during the year. A summary report of these estimates is as follows: It is expected that 20,575 units will be sold at a price of $160 a unit. Maximum sales within the relevant range are 27,000 units. Categories Estimated Fixed Cost Estimated Variable Cost per Unit Sold Production Costs: Direct Materials - 45 Direct Labor - 39 Factory Overhead 200,000 19 Selling Expenses: Sales…