Deleon Inc. is preparing its annual budgets for the year ending December 31,2020. Accounting assistants furnish the data shown below. Product Product JB 50 JB 60 Sales budget: Anticipated volume in units 404,800 203,400 $22 $27 Unit selling price Production budget: Desired ending finished goods units 18,100 29,200 Beginning finished goods units 33,700 11,400 Direct materials budget: Direct materials per unit (pounds) 1 18,600 Desired ending direct materials pounds 33,600 Beginning direct materials pou 41,000 11,300 $3 $3 Cost per pound Direct labor budget: Direct labor time per unit 0.3 0.6 Direct labor rate per hour $11 $11 Budgeted income statement: $12 $21 Total unit cost 92 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter sho selling expenses of $664,000 for product JB 50 and $363,000 for product JB 60, and administrative expenses of $542,000 for product JB 50 and $344,000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30%. Prepare the sales budget for the year.
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Business, 22.06.2019 10:00
Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?
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Business, 22.06.2019 17:50
Abc factory produces 24,000 units. the cost sheet gives the following information: direct materials rs. 1,20,000direct labour rs. 84,000variable overheads rs. 48,000semi variable overheads rs. 28,000fixed overheads rs. 80,000total cost rs. 3,60,000presently the product is sold at rs. 20 per unit.the management proposes to increase the production by 3,000 units for sales in the foreign market . it is estimated that semi variable overheads will increase by rs. 1,000. but the product will be sold at rs. 14 per unit in the foreign market. however, no additional capital expenditure will be incurredq-1. what is present profit of the company ? q-2. what is proposed profit of the company in new market? q-3.what is suggestion for new makret proposal whether proposal accept or not
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Business, 23.06.2019 00:30
Bruno's pizza restaurant makes full payment of $8,300 on an account payable to stella's cheese co. stella's would record this transaction with a
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Deleon Inc. is preparing its annual budgets for the year ending December 31,2020. Accounting assista...
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