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Above figures have been calculated in the following manner:
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to and 185 and 85 basic and 60 in Prepare the sales budget for the service...
Cambridge Physicians Sports Medicine, Inc., offers two types of physical exams for students: the basic physical...
Cambridge Physicians Sports Medicine, Inc., offers two types of physical exams for students: the basic physical and the extended physical The charge for the basic physical is $105, while the charge for the extended physical is $135. Cambridge Physicians expects to perform 215 basic physicals and 185 extended physicals in July, 240 basic and 205 extended in August, and 85 basic and 65 extended in September. Prepare the sales budget for the service revenue expected from the physical exams performed...
Lacob Sports Medicine, Inc., offers two types of physical exams for students: the basic physical and...
Lacob Sports Medicine, Inc., offers two types of physical exams for students: the basic physical and the extended physical. The charge for the basic physical is $85, while the charge for the extended physical is $160. Lacob expects to perform 225 basic physicals and 165 extended physicals in July, 245 basic and 210 extended in August, and 85 basic and 65 extended in September. Prepare the sales budget for the second quarter (July through September) with a column for each...
1: Prepare a sales budget, including a schedule of expected cash collections. 2: prepare a merchandise...
1: Prepare a sales budget, including a schedule of expected
cash collections.
2: prepare a merchandise purchase budget, including a schedule
of expected cash disbursements for merchandise, and a selling and
administrative budget.
3: prepare a cash budget.
MOST LIKELY NUMBERS AND ASSUMPTIONS SALES MANAGER PRIVATE INFORMATION October Most likely sales 600,000 910,000 475,000 385,000 PURCHASING MANAGER PRIVATE INFORMATION Most likely cost of merchandise as a % of sales Desired ending inventory as a percentage of next month's cost of...
a) Prepare a sales budget(in dollars) and cash collections budget for July through September of this...
a) Prepare a sales budget(in dollars) and cash collections
budget for July through September of this year.
b) Prepare a production budget (in units) for July through
September
c) Prepare a direct materials purchase budget(in units) and cash
disbursements budget for Carbon Fiber for July through
September.
Please give the details how to get the answers. Thanks!
K&B Enterprises manufactures a high-tech raincoat for children. The following information has been assembled for next year's first quarter (i.e., Jul - Sep)...
E10.18 Prepare quarterly sales budgets. Roche and Young, CPAS, are preparing their service revenue (sales) budget...
E10.18 Prepare quarterly sales budgets. Roche and Young, CPAS, are preparing their service revenue (sales) budget for 2020. Their practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are as follows: Department Quarter 1 Quarter 2 Quarter 3 Quarter 4 Auditing 2,200 1,600 2,000 2,400 3,000 2,500 Тах 2,400 2,000 Consulting 1,500 1,500 1,500 1,500 Average hourly billing rates are $60 for auditing, $70 for tax, and $80 for consulting services. Instructions...
Managerial Accounting Benliver, Inc. manufactures and distributes a number or products to retailers. One of these...
Managerial Accounting
Benliver, Inc. manufactures and distributes a number or products to retailers. One of these products, Super Jetdry, requires two pounds of material R2D8 in the manufacture of each unit. The company is now planning raw materials needs for the third quarter - July, August, and September. Peak sales of Super Jetdry occur in the third quarter of each year. To keep production and shipments moving smoothly, the company has the following inventory requirements: a. b. The finished goods...
Answer in excel Problems: 1. Benliver, Inc. manufactures and distributes a number or products to retailers....
Answer in excel
Problems: 1. Benliver, Inc. manufactures and distributes a number or products to retailers. One of these products. Super Jetdry, requires two pounds of material R2D8 in the manufacture of each unit. The company is now planning raw materials needs for the third quarter - July August, and September. Peak sales of Super Jetdry occur in the third quarter of each year. To keep production and shipments moving smoothly, the company has the following inventory requirements: a. The...
Water Sport Inc. manufactures a small personal water tube used for children learning to swim. Management...
Water Sport Inc. manufactures a small personal water tube used for children learning to swim. Management is now preparing detailed budgets for the third quarter, July through September, and has assembled the following information to assist: a. The Marketing Department has estimated sales as follows for the remainder of the year (number of water tubes): July August September 7,400 October 5,900 November 4,900 December 3,800 3,400 2,900 The selling price of the water tubes is $60. b. All sales are...
Requirements Prepare the sales budget, including a separate section that details the type of sale...
Requirements Prepare the sales budget, including a separate section that details the type of sales made (cash versus credit) for the first three months of the year, as well as a summary budget for the quarter. 2 Prepare the production budget for the first three months of the year, as well as a summary budget for the quarter. a. Enter all amounts as positive values. Do NOT use parentheses or a minus sign for amounts to be subtracted Prepare the...
1. (6 points) Kroger Corporation had the following budget information related to the unit sales: 25,000 July August Sep...
1. (6 points) Kroger Corporation had the following budget information related to the unit sales: 25,000 July August September 53,000 21,000 34,000 October Of the units budgeted, the Electronics Division sells 60% at a price of $35 per unit and the remainder are sold by the Toy Division at a price of $20 per unit. INSTRUCTIONS Prepare separate sales budgets for each division and for the company in total for the third quarter of 2019. 2. (12 points) The following...
Cambridge Physicians Sports Medicine, Inc., offers two types of physical exams for students: the basic physical and the extended physical The charge for the basic physical is $105, while the charge for the extended physical is $135. Cambridge Physicians expects to perform 215 basic physicals and 185 extended physicals in July, 240 basic and 205 extended in August, and 85 basic and 65 extended in September. Prepare the sales budget for the service revenue expected from the physical exams performed...
1: Prepare a sales budget, including a schedule of expected
cash collections.
2: prepare a merchandise purchase budget, including a schedule
of expected cash disbursements for merchandise, and a selling and
administrative budget.
3: prepare a cash budget.
MOST LIKELY NUMBERS AND ASSUMPTIONS SALES MANAGER PRIVATE INFORMATION October Most likely sales 600,000 910,000 475,000 385,000 PURCHASING MANAGER PRIVATE INFORMATION Most likely cost of merchandise as a % of sales Desired ending inventory as a percentage of next month's cost of...
a) Prepare a sales budget(in dollars) and cash collections
budget for July through September of this year.
b) Prepare a production budget (in units) for July through
September
c) Prepare a direct materials purchase budget(in units) and cash
disbursements budget for Carbon Fiber for July through
September.
Please give the details how to get the answers. Thanks!
K&B Enterprises manufactures a high-tech raincoat for children. The following information has been assembled for next year's first quarter (i.e., Jul - Sep)...
E10.18 Prepare quarterly sales budgets. Roche and Young, CPAS, are preparing their service revenue (sales) budget for 2020. Their practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are as follows: Department Quarter 1 Quarter 2 Quarter 3 Quarter 4 Auditing 2,200 1,600 2,000 2,400 3,000 2,500 Тах 2,400 2,000 Consulting 1,500 1,500 1,500 1,500 Average hourly billing rates are $60 for auditing, $70 for tax, and $80 for consulting services. Instructions...
Managerial Accounting
Benliver, Inc. manufactures and distributes a number or products to retailers. One of these products, Super Jetdry, requires two pounds of material R2D8 in the manufacture of each unit. The company is now planning raw materials needs for the third quarter - July, August, and September. Peak sales of Super Jetdry occur in the third quarter of each year. To keep production and shipments moving smoothly, the company has the following inventory requirements: a. b. The finished goods...
Answer in excel
Problems: 1. Benliver, Inc. manufactures and distributes a number or products to retailers. One of these products. Super Jetdry, requires two pounds of material R2D8 in the manufacture of each unit. The company is now planning raw materials needs for the third quarter - July August, and September. Peak sales of Super Jetdry occur in the third quarter of each year. To keep production and shipments moving smoothly, the company has the following inventory requirements: a. The...
Water Sport Inc. manufactures a small personal water tube used for children learning to swim. Management is now preparing detailed budgets for the third quarter, July through September, and has assembled the following information to assist: a. The Marketing Department has estimated sales as follows for the remainder of the year (number of water tubes): July August September 7,400 October 5,900 November 4,900 December 3,800 3,400 2,900 The selling price of the water tubes is $60. b. All sales are...
Requirements Prepare the sales budget, including a separate section that details the type of sales made (cash versus credit) for the first three months of the year, as well as a summary budget for the quarter. 2 Prepare the production budget for the first three months of the year, as well as a summary budget for the quarter. a. Enter all amounts as positive values. Do NOT use parentheses or a minus sign for amounts to be subtracted Prepare the...
1. (6 points) Kroger Corporation had the following budget information related to the unit sales: 25,000 July August September 53,000 21,000 34,000 October Of the units budgeted, the Electronics Division sells 60% at a price of $35 per unit and the remainder are sold by the Toy Division at a price of $20 per unit. INSTRUCTIONS Prepare separate sales budgets for each division and for the company in total for the third quarter of 2019. 2. (12 points) The following...
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