Homework Answers
Solution:
Budgeted selling and administraive expenses for July = Fixed costs + Variable costs
= ($14,000 + $34,000 + $11,000 + $19,000) + ($0.70 + $1.10 + $0.20 + $0.25) * 25000 = $134,250
Hence option d is correct.
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Answer is not $133,900
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Return to page Question 4(5 points) Pardise Company plans the following beginning and ending inventory levels (in units) for July July 1 July 30 Raw material 40,000 50,000 Work in process 10,000 10,000 Finished goods 80,000 50,000 Two units of raw material are needed to produce each unit of finished product. If 500,000 finished units were to be manufactured during July, the units of raw material needed to be purchased would be: No answer provided a. 1,010,000 b. 1,020,000 c....
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Answer is not $133,900
The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and Administrative Expense Budget for next year. The following budget data are available: Monthly Fixed Cost Variable Cost Per Deb Sold $1.03 $1.53 $0.33 Sales commissions Shipping Advertising Executive salaries Depreciation on office equipment Other $ 51,300 $ 61,300 $ 21,300 $ 41,300 All of these expenses (except depreciation) are paid in cash in...
The Orr Company makes and sells only one product called a Bobb. The company is in the process of preparing its Selling and Administrative Expense budget for the last half of the year The following budget data is available 1.) Variable Cost Per Mthly Fixed Cost $0.90 $1.10 0.40 Sales Commissions Shipping Advertising Executive Salaries Depreciation on Office Equipment Other $10,000 $40,000 $15,000 $25,000 $0.45 All of these expenses (except depreciation) are paid in cash in the month they are...
Help Save & Exit The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Seling and Administrative Expense Budget for next year. The following budget data are available: Monthly Fixed Cost Sales commissions Shipping Advertising Executive salaries Depreciation on office equipment Other variable Cost Per Deb Sold $0.98 $1.48 $0.28 $50,800 $60,800 $20,800 $40,800 All of these expenses (except depreciation) are paid in cash in the month they are...
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