please help me with this and explain the exact formulas
neededHomework Answers
Production Budget
| 1st quarter | 2nd quarter | 3rd quarter | 4th quarter | Total | |
| No. of jars sold (A) | 152,500.00 | 181,500.00 | 213,000.00 | 160,500.00 | |
| Opening Stock (B) | - | 54,450.00 | 63,900.00 | 48,150.00 | |
| Closing Stock © = 30% of next quarter's sale | 54,450.00 | 63,900.00 | 48,150.00 | - | |
| Production (A-B+C) | 206,950.00 | 190,950.00 | 197,250.00 | 112,350.00 | 707,500.00 |
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please help me with this and explain the exact formulas
needed
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Help please with beginning inventory Hoffman Foods produces specialty soup sold in jars. The projected sales...
Help please with beginning inventory
Hoffman Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows: Hoffman anticipates selling 223,000 jars with total sales revenue of $260,000 in the first quarter of the year following the year given in the preceding table. Hoffman has a policy that the ending inventory of jars must be 30% of the following quarter's sales. Total sales revenue Number of jars...
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The Master Budget Sales and cash collections budgets Augustine Reeds, a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be: October November December January $904,000 $964,000 $1,045,000 $936,000 Augustine's sales are: 20% cash 80% credit The company's collection history indicates that credit sales are collected as follows: 30% in the month of the sale 60% in the month after the sale 8% two months after the sale 2% are never collected Use the blue shaded areas on...
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T L JUL Formulas Be carefules from the Internet con cor Data Review O Help PROTECTED VIEW View o d esto y Protected Ves t e Editing X 1. Analyze the effects of these events on the accounting equation of the medical practice of Dr. Helen Samoa, P.C. C HT 1 1. Analyze the effects of these events on the accounting equation of the medical practice of Dr. Helen Sames, P.C. 2 Always use cell references and formulas where appropriate...
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Please use formulas and cell references А в т с 1 The Master Budget 2 Cash...
Please use formulas and cell
references
А в т с 1 The Master Budget 2 Cash collections budget 4 Kessler Service anticipates the following sales revenue over a five-month period: 5 6 7 Sales revenue November $16,500 December $11,200 January $15,200 February $13,200 March $14,400 70 71 9 The company's sales are 30% cash 70% credit 14 15 13 Its collection history indicates that credit sales are collected as follows: 25% in the month of the sale 50% in the...
A z Morge & Center - 5 - % Review the following amounts for West Nautical...
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Mostly stuck around the first part Internal Control and Cash Using Excel for a Bank Reconciliation...
Mostly stuck around the first part
Internal Control and Cash Using Excel for a Bank Reconciliation Lori Anders of Wilderness Associates is getting ready to prepare the October bank reconciliation. The cash balance on the books of Wilderness Associates on October 31 is $3,546. Lori reviews the bank statement, and notes the cash balance at October 31 of $2,445. The bank statement also reveals that the bank collected a note receivable on behalf of Wilderness Associates -- the principal was...
Accounting study guide help So iv mostly been getting stuck on making the functions work and...
Accounting study guide help
So iv mostly been getting stuck on making the functions work and
doing the part were its saying don't use cell references to the
values
Plant Assets, Natural Resources, and Intangibles Using Excel to prepare depreciation schedules The Fraser River Corporation has purchased a new piece of factory equipment on January 1, 2018, and wishes to compare three depreciation methods: straight-line, double-declining-balance, and units-of-production. The equipment costs $400,000 and has an estimated useful life of four...
File Home Insert Formulas Data Review View Help Open in Desktop App Tell me what you...
File Home Insert Formulas Data Review View Help Open in Desktop App Tell me what you want to do Editing V Share Comments v ♡ Calibri v 11 B Av av IV. Ev alle Merge v General $ v leto v v Iv 27v ov 5 ... av AZ K L M N O P Q R S fix A B C D E 1 Add: 71/2 + 21/4 + 10 2/3 2 You must show all your work. 3...
Help please with beginning inventory
Hoffman Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows: Hoffman anticipates selling 223,000 jars with total sales revenue of $260,000 in the first quarter of the year following the year given in the preceding table. Hoffman has a policy that the ending inventory of jars must be 30% of the following quarter's sales. Total sales revenue Number of jars...
The Master Budget Sales and cash collections budgets Augustine Reeds, a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be: October November December January $904,000 $964,000 $1,045,000 $936,000 Augustine's sales are: 20% cash 80% credit The company's collection history indicates that credit sales are collected as follows: 30% in the month of the sale 60% in the month after the sale 8% two months after the sale 2% are never collected Use the blue shaded areas on...
M E DIUW Paye Layout Formulas Data Review View Help 12 = Calibri BIU - Font AA = A aste General $ -% 8-98 Conditional Format as Cell Formatting Table Styles Insert EX Delete Format Cells Clipboard Alignment Number Styles - - * fx Master Budget and Responsibility Accounting A B C D L Master Bildget and Responsibility Accounting Direct material budget Dawson Co. produces wine. Dawson purchases empty glass bottles from an outside vendor. The company expects: Production 2,535,000...
T L JUL Formulas Be carefules from the Internet con cor Data Review O Help PROTECTED VIEW View o d esto y Protected Ves t e Editing X 1. Analyze the effects of these events on the accounting equation of the medical practice of Dr. Helen Samoa, P.C. C HT 1 1. Analyze the effects of these events on the accounting equation of the medical practice of Dr. Helen Sames, P.C. 2 Always use cell references and formulas where appropriate...
Flexible Budgets, Direct Cost Variances, and Management Control Flexible Budget Sweeney Enterprises manufactures tires for the Formula i motor racing circuit. The company's budgeted and 4 actual amounts are as follows: Budgeted for August 2017 Units to manufacture and sell Variable cost per tire Total fixed costs Budgeted selling price per tire 3,600 $71 $55,000 $114 varebone Actual Results for August 2017 Units manufactured and sold 3,500 Selling price per tire $116 Total variable costs $280,000 Total fixed costs. $51,000...
Please use formulas and cell
references
А в т с 1 The Master Budget 2 Cash collections budget 4 Kessler Service anticipates the following sales revenue over a five-month period: 5 6 7 Sales revenue November $16,500 December $11,200 January $15,200 February $13,200 March $14,400 70 71 9 The company's sales are 30% cash 70% credit 14 15 13 Its collection history indicates that credit sales are collected as follows: 25% in the month of the sale 50% in the...
A z Morge & Center - 5 - % Review the following amounts for West Nautical Company. Assume that the Raw Materials inventory contains only direct materials. The Calculation of Direct Materials Used Schedule of Cost of Goods Manufactured, and Calculation of Cost of 4 Goods Sold can be found under the "COSTOFGOOOSSOLD tab. S Raw materials inventory Work in process inventory Finished goods inventory Purchases of direct materials Direct labor Indirect labor Beginning End of of Year Year End...
Mostly stuck around the first part
Internal Control and Cash Using Excel for a Bank Reconciliation Lori Anders of Wilderness Associates is getting ready to prepare the October bank reconciliation. The cash balance on the books of Wilderness Associates on October 31 is $3,546. Lori reviews the bank statement, and notes the cash balance at October 31 of $2,445. The bank statement also reveals that the bank collected a note receivable on behalf of Wilderness Associates -- the principal was...
Accounting study guide help
So iv mostly been getting stuck on making the functions work and
doing the part were its saying don't use cell references to the
values
Plant Assets, Natural Resources, and Intangibles Using Excel to prepare depreciation schedules The Fraser River Corporation has purchased a new piece of factory equipment on January 1, 2018, and wishes to compare three depreciation methods: straight-line, double-declining-balance, and units-of-production. The equipment costs $400,000 and has an estimated useful life of four...
File Home Insert Formulas Data Review View Help Open in Desktop App Tell me what you want to do Editing V Share Comments v ♡ Calibri v 11 B Av av IV. Ev alle Merge v General $ v leto v v Iv 27v ov 5 ... av AZ K L M N O P Q R S fix A B C D E 1 Add: 71/2 + 21/4 + 10 2/3 2 You must show all your work. 3...
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