ZuoTi.Pro
Question

RE: Totally Lost

The circle shows how the annual budget for company is divided by department.  If the total annual budget is $5,000,000 what amount  is budgeted for sales 

statistics   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Request Professional Answer

Request Answer!

We need at least 10 more requests to produce the answer.

0 / 10 have requested this problem solution

The more requests, the faster the answer.

Request! (Login Required)

All students who have requested the answer will be notified once they are available.
Know the answer?
Add Answer to:
RE: Totally Lost
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Similar Homework Help Questions

  • Monroe Company has developed the quarterly sales budget for the upcoming year that appears below: Quarter...

    Monroe Company has developed the quarterly sales budget for the upcoming year that appears below: Quarter 1 Quarter 2 Quarter 3 Quarter 4 Budgeted unit sales 30,000 32,000 28,000 26,000 Budgeted sales revenue $180,000 $192,000 $168,000 $156,000 The company’s variable selling and administrative expenses consist of a 5% selling commission paid on sales revenues plus shipping expenses of $3 per unit. Fixed annual selling and administrative costs consisting of executive salaries, advertising, and depreciation occur evenly throughout the year and...

  • Calc+ Company manufactures calculators for schools. The master budget is based on sales of 40,000 units...

    Calc+ Company manufactures calculators for schools. The master budget is based on sales of 40,000 units at $65 per calculator. Budgeted variable costs are $45 per unit, while budgeted fixed costs total $670,000. Actual income was $211,000 on actual sales of 42,000 units at $64 each. Actual variable costs were $43 per unit and actual fixed costs totaled $671,000. What is the master-budget variance of operating income (list variance amount and if it is favorable or unfavorable)? Calc+ Company manufactures...

  • What if Clapton Company in Example 9-1 changed their desired ending inventory level to equal 14.7%...

    What if Clapton Company in Example 9-1 changed their desired ending inventory level to equal 14.7% of next quarter's budgeted sales instead of 20%. How many budgeted units would be produced in the 3rd quarter (July-September)? Round your answer to the nearest whole unit. Example #1 PRODUCTION BUDGET Clapton Company's sales budget shows the following projections for the year ending December 31, 2017: Quarters First (Jan-March) Second (April - June) Third (July-Sept) Fourth (Oct-Dec) Total Guitars 30,000 40,000 22,500 27,500...

  • Our company manufactures bird feeders. The budgeted sales price is $30 per unit, and the variable...

    Our company manufactures bird feeders. The budgeted sales price is $30 per unit, and the variable costs are $12 per unit. Budgeted fixed costs for the company are $15,000 What is the budgeted amount for contribution margin for 5,000 bird feeders? a. $18 per unit b. $90000 c.$75000 d.$60000 The static budget for our company shows a sales volume of 2,000 units and a sales price of $60 per unit. Actual sales for the year totaled 2,100 units, and the...

  • Aztec Company sells its product for $190 per unit. Its actual and budgeted sales follow.   ...

    Aztec Company sells its product for $190 per unit. Its actual and budgeted sales follow.    Units   Dollars April (actual)   8,000     $1,520,000    May (actual)   2,600     494,000    June (budgeted)   7,500     1,425,000    July (budgeted)   8,000     1,520,000    August (budgeted)   4,000     760,000    All sales are on credit. Recent experience shows that 28% of credit sales is collected in the month of the sale, 42% in the month after the sale, 27% in the second...

  • Aztec Company sells its product for $160 per unit. Its actual and budgeted sales follow. Units...

    Aztec Company sells its product for $160 per unit. Its actual and budgeted sales follow. Units Dollars April (actual) 5,000 $ 800,000 May (actual) 2,000 320,000 June (budgeted) 5,500 880,000 July (budgeted) 4,500 879,000 August (budgeted) 4,000 640,000 All sales are on credit. Recent experience shows that 26% of credit sales is collected in the month of the sale, 44% in the month after the sale, 26% in the second month after the sale, and 4% proves to be uncollectible....

  • The company is currently analyzing direct labor hour requirements for the upcoming year. Budgeted unit production...

    The company is currently analyzing direct labor hour requirements for the upcoming year. Budgeted unit production for each of the products is as follows Number of units to be produced Cutting Assembly Estimated hours per unit: Product model Regal Zip 2.2 2.3 2.8 Regal Zip . Flash .. . 560 770 880 1.1 Direct labor hour $ 14 $ 15 rint Done Osborne Industries manufactures three models of a product in a single plant with two departments: Cutting and Assembly....

  • Show transcribed image text Problem 22-7AA Merchandising: Preparation and analysis of cash budgets with supporting inventory...

    Show transcribed image text Problem 22-7AA Merchandising: Preparation and analysis of cash budgets with supporting inventory and purchases budgets LO P4 Aztec Company sells its product for $160 per unit. Its actual and budgeted sales follow. April (actual) May (actual) June (budgeted) July (budgeted) August (budgeted) Units 4,000 1,800 5,500 4,500 4,100 Dollars $ 640,000 288,000 880,000 879,000 656,000 All sales are on credit. Recent experience shows that 26% of credit sales is collected in the month of the sale,...

  • What if Clapton Company in Example 9-1 changed their desired ending inventory level to equal 20.5%...

    What if Clapton Company in Example 9-1 changed their desired ending inventory level to equal 20.5% of next quarter's budgeted sales instead of 20%. How many budgeted units would be produced in the 3rd quarter (July- September)? Round your answer to the nearest whole unit. Clapton Company's sales budget shows the following projections for the year ending December 31, 2017: Quarters First (Jan - March) Second (April - June) Third (July - Sept) Fourth (Oct - Dec) Total Guitars 30,000...

  • North Company has completed all of its operating budgets. The sales budget for the year shows...

    North Company has completed all of its operating budgets. The sales budget for the year shows 50,950 units and total sales of $2,429,400. The total unit cost of making one unit of sales is $22. Selling and administrative expenses are expected to be $308,700. Interest is estimated to be $12,720. Income taxes are estimated to be $220,600. Prepare a budgeted multiple-step income statement for the year ending December 31, 2020. NORTH COMPANY Budgeted Income Statement

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT