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July 23, 2014

Search: Nancy Company has budgeted sales of $300,000 with the following budgeted costs:

Number of results: 48,762

Cost Accounting
Katherine Company's Sales Budget Has The Following Unit Sales Projection For Each Quarter Of The Calendar Year 2009. January -March 540,000 April-June 680,000 July-September 490,000 October-December 550,000 Total 2,260,000 Sales for the first quarter of 2010 are expected to be...
November 7, 2009 by Jessi

Accounting
Nafari Company's sales budget has the following unit sales projection for each quarter of the calendar year 2011. January -March 1,080,000 April-June 1,360,000 July-September 980,000 October-December 1,100,000 Total 4,520,000 Sales for the first quarter of 2012 are expected to...
October 13, 2010 by sylvia

Accounting
Nafari Company's sales budget has the following unit sales projection for each quarter of the calendar year 2011. January -March 1,080,000 April-June 1,360,000 July-September 980,000 October-December 1,100,000 Total 4,520,000 Sales for the first quarter of 2012 are expected to...
October 13, 2010 by sylvia

accouting
Nancy Company has budgeted sales of $300,000 with the following budgeted costs: Direct materials $60,000 Direct manufacturing labor 40,000 Factory overhead Variable 30,000 Fixed 50,000 Selling and administrative expenses Variable 20,000 Fixed 30,000 Question 1: Compute the ...
April 2, 2011 by eric

Accounting
During the current year, Mast Corporation expects to produce 10,300 units and has budgeted the following: net income $350,376; variable costs $1,080,800; and fixed costs $105,000. It has invested assets of $1,459,900. The company’s budgeted ROI was 24%. What was its budgeted ...
April 2, 2014 by Kristina

Accounting
Below is budgeted production and sales information for Flushing Company for the month of December: Product XXX Product ZZZ Estimated beginning inventory 30,000 units 18,000 units Desired ending inventory 34,000 units 17,000 units Region I, anticipated sales 320,000 units 260,...
July 14, 2013 by Anonymous

Managerial accounting
The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year (all sales are on account): 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 12,000 14,000 13,000 11,000 The selling price of the company's...
September 5, 2011 by kim

business
The Recall Computer Company has six territories, each represented by one salesperson. After extensive planning, the company determines that each territory would be expected to achieve the following percentages of total company sales for 2008: Territory 1=27% Territory 4=12% ...
September 4, 2012 by nan

math
The Recall Computer Company has six territories, each represented by one salesperson. After extensive planning, the company determines that each territory would be expected to achieve the following percentages of total company sales for 2008: Territory 1=27% Territory 4=12% ...
September 5, 2012 by nan

management accounting
Fi a company has a policy of maintaining an inventory of finished goods equal to 30 percent of the following month's sales. For the forthcoming month of March, Ball has budgeted the beginning inventory at 30,000 units and the ending inventory at 33,000 units. This suggests ...
November 4, 2009 by Jessi

math
Orginal Budget Budgeted Volume Budgeted Quantity Budgeted Price 1,000 40.00 $40,000.00 F Flexible Budget Actual Value Budgeted Quantity Budgeted Price 1,200 41.67 $50,000.00 UF Orginal Budget/Flexible Budget Budgeted Volume Budgeted Quantity Budgeted Price 1,000 $40.00 $40,000...
May 13, 2014 by RDee-is this correct?

Math-Variance
Orginal Budget Budgeted Volume Budgeted Quantity Budgeted Price 1,000 40.00 $40,000.00 F Flexible Budget Actual Value Budgeted Quantity Budgeted Price 1,200 41.67 $50,000.00 UF Orginal Budget/Flexible Budget Budgeted Volume Budgeted Quantity Budgeted Price 1,000 $40.00 $40,...
May 12, 2014 by Ryan Dee

Business Maths
A company past experience indicates the 60% of its credit sales are collected in the month of sale, 30% in the next month, and 5% in the second month after the sale, the remainder is never collected, budgeted credit sales were: April 80,000; May 48,000; June 120,000; the cash ...
December 1, 2009 by Peaches

Accounting
Carpaitha Inc began 2009 with $140,000 in cash. The company plans to have $1,400,000 accrual basis sales revenue during the year, of which it plans to collect 80% in 2009 and the other 20% in 2010. The company plans to record the following expenses in 2009: various operating ...
November 14, 2010 by Joyce

Account
Peck Company: The Peck Company reported the following items on its financial statements for the year ending December 31, 2010. Sales - $1,560,000 Cost of Sales - $1,400,000 Selling, general & administrative expense - 40,000 Other Expense - 30,000 Dividends - 10,000 Income Tax ...
September 23, 2012 by Anton

Accounting
Peck Company The Peck Company reported the following items on its financial statements for the year ending December 31, 2010. Sales - $1,560,000 Cost of Sales - $1,400,000 Selling, general and administrative expense - 40,000 Other Expense - 30,000 Dividends - 10,000 Income Tax...
September 23, 2012 by Anton

math
acacia company had inventory of 100,000 on December 31, 2012. other information is as follows: purchases $1,500,000 sales 3,000,000 inventory 1/1/2012 300,000 what is the amount of acacia cost of goods sold for 2012? do you add in the sales for the year?
November 12, 2013 by keri

math
A company had sales of 500,000 in 1996 and sales of 720,000 in 1998. Use the midpoint formula to to find the company's sales in 1997.
March 30, 2013 by e p

math
A company had sales of 500,000 in 1996 and sales of 720,000 in 1998. Use the midpoint formula to to find the company's sales in 1997.
March 30, 2013 by e p

Math
The total sales of a company in 2008 were $45,000. In 2011, it grew to $84,000. Use  as the number of years since 2000 and  as the total sales, and answer the following: a. What is the rate of change (slope) in the total sales? b. Write an equation in both point-slope form ...
January 21, 2012 by Marta P

business finance
if the break-even point in dollar sales for a company is $360,000 and the company's contribution margin ratio is 30% and the company expects a profit of $84,000, what would the sales have to total?
May 4, 2011 by Missy

Accounting
Blane Company has the following data: Total Sales 800,000, Total Variable Costs 300,000, Fixed Costs 200,000, Units Sold 50,000, What will operating income be if units sold double to 100,000 units?
March 7, 2012 by Anonymous

Accounting
Sherman's interiors sells lamps. At March 31, the company had 400 sofas in inventory. The company's policy is to maintain a lamp inventory equal to 2% of next month's sales. The company expects the following sales activity for the second quarter of the year: April----- 1,000 ...
April 6, 2008 by Brian

Financial Accounting
Account for warranties. Key Company offers a three-year warranty on its premium door locks. During the year, the company had sales of $100,000. Related to the sales, warranty costs should be approximately $3,000 per year. How much warranty expense related to these sales will ...
May 26, 2013 by Tammy smith

accounting
E15-7 Bennis Company has the following comparative balance sheet data. BENNIS COMPANY Balance Sheets December 31 2009 2008 Cash $ 15,000 $ 30,000 Receivables (net) 70,000 60,000 Inventories 60,000 50,000 Plant assets (net) 200,000 180,000 $345,000 $320,000 Accounts payable $...
June 10, 2012 by bren

Fin 324
Using the following data, compute net sales sales discounts 50,000 Accounts receivable, ending 125,000 Gross Sales 2,500,000 Inventory, ending 200,000 sales returns and allowances 75,000
March 22, 2011 by Kenny

Algebra
Solve the problem. A salesperson gets a commission of $600 for the first $10,000 of sales, and then $300 for each additional $10,000 or partial of sales. Let S(x) represent the commission on x dollars of sales. Find the value of S(45,000)
February 27, 2011 by brad

accounting-installment sales journal entry
Question: On 12/31/07, Company A sold equipment for $1,800,000. The equipment had a carrying amount of $1,200,000. At the time of the sale the buyer paid $300,000 cash and signed a $1,500,000 note bearing interest of $1,500,000 note bearing interest at 10% payable in five ...
October 24, 2008 by Toni

math
Aley Company pays all its employees in a graduated commission scale: 3% on the first $30,000 sales, 5% on sales from $30,000 to $110,000, and 7% on sales more than $110,000. Jim Jones, an employee of Aley, has $130,000 in sales. What commission did Jim earn? Show
May 7, 2012 by Anonymous

accounting
The following transactions occurred during March 2009 for the Wainwright Corporation. The company owns and operates a wholesale warehouse. 1. Issued 30,000 shares of common stock in exchange for $300,000 in cash. 2. Purchased equipment of a cost of $40,000. $10,000 cash was ...
January 12, 2011 by Bobbi

college algebra
You apply for a job selling diet marshmallows because an ad says that the average company employee earns $50,000 a year. Later you discover that the company has a president, a sales manager, and 30 salespeople; you also learn that each salesperson earns $14,000 a year. How can...
August 27, 2007 by blaine

Finance
A company makes an investment of $150,000 with a useful life of 10 years and expects to use this investment to generate $300,000 in sales with $280,000 in incremental operating costs. If the company operates in an environment with a 30% tax rate, what are the expected after-...
August 10, 2010 by john

CPa
A company makes an investment of $150,000 with a useful life of 10 years and expects to use this investment to generate $300,000 in sales with $280,000 in incremental operating costs. If the company operates in an environment with a 30% tax rate, what are the expected after-...
November 11, 2010 by Anonymous

finance
1. Baldwin Products Company anticipates reaching a sales level of $6 million in one year. The company expects net income during the next year to equal $400,000. Over the past several years, the company has been paying $50,000 in dividends to its stockholders. The company ...
August 25, 2008 by Help

Accounting
a. Bryan Company budgets sales of $1,800,000, fixed costs of $1,000,000, and variable costs of $1,080,000. What is the contribution margin ratio for Bryan Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Carnegie Company is 32%, sales ...
July 14, 2013 by Anonymous

accounting
The Anderson Company has sales of $4,500,000. It also has invested assets of $2,000,000 and operating expenses of $3,600,000. The company has established a minimum rate of return of 7%. What is Anderson Company's profit margin? 18% 44.4% 20% 80%
August 14, 2009 by natasha

Accounting
The Clydesdale Company has sales of $4,500,000. It also has invested assets of $2,000,000 and operating expenses of $3,600,000. The company has established a minimum rate of return of 7%. What is Clydesdale Company's profit margin? A.20% B.80% C.44.4% D.18%
July 28, 2013 by Tee

Marketing
9. The annual planning at Century Office Systems, Inc. had been arduous but produced a number of important marketing initiatives for the next year. Most notably, company executives had decided to restructure its product-marketing team into two separate groups: (1) Corporate ...
May 10, 2010 by BABI

principles of finances
according to my interpretation of the question in October they would collect: the 10% of the August sales = .10($10,000) the 20% of the Sept sales = .20($20,000) and the 70% of the Oct sales = .70($30,000) Do the arithmetic and add them up A project has an inital outlay of 4,...
March 28, 2007 by Reiny

marketing
Your company’s sales are 50,000 units. The unit variable cost is $12. Your markup percent on sales is 40% and your fixed costs are $100,000. 1. What is your profit / loss? $100,000 You are thinking of increasing your advertising by $200,000. Based on previous data, you know ...
June 23, 2010 by Trecha

8th grade math
A company's cost of doing business in a recent month was $18,000. Their revenue on sales for that month was $27,000. What percent profit as a percentage of sales did the company earn? my answer: 33 1/3%
November 8, 2010 by Elizabeth

8th grade math
A company reported that it made a profit of 8% as a percentage of sales and that its sales revenue was $25,000. How much profit did the company make? my answer: $2,000
November 8, 2010 by Elizabeth

accounting
Part 5 Cash Budgeting Landis Company has the following sales forecasts for the selected three-month period in the current year: Month Sales April $12,000 May 7,000 June 8,000 Seventy percent of sales are collected in the month of the sale, and the remaining balance is ...
March 25, 2012 by beth

Math
A company's cost of doing business in a recent month was $18,000. Their revenue on sales for that month was $27,000. What percent profit as a percentage of sales did the company earn?
January 9, 2011 by ruth

Finance
Tom company has sales of Rs.200,000/- with variable expenses of Rs.150,000/-, fixed expenses of Rs.60,000/-, and an operating loss of Rs.10,000/-. By how much would Tom have to increase its sales in order to achieve an operating income of 10% of sales?
February 24, 2013 by vikram

accounting
Your company’s sales are 50,000 units. The unit variable cost is $12. Your markup percent on sales is 40% and your fixed costs are $100,000. 1. What is your profit / loss? You are thinking of increasing your advertising by $200,000. Based on previous data, you know that for ...
June 27, 2010 by Godfrey

Excel
How do I write an IF formula for the following statements? **July’s budgeted expenses are based on the differences between the budgeted and actual expenses for June stored in column D. July’s budgeted expenses will be the same as those for June when the difference is greater ...
December 13, 2009 by Kristen

Math/Accounts
Estimate the cost of ending inventory based on the retail method using the following information: Cost Retail Beginning Inventory $ 600,000 $ 800,000 Purchases $ 450,000 $ 600,000 Net Sales $1,000,000 A. $150,000 B. $262,500 C. $300,000 D. $750,000
February 13, 2013 by Anna

college Accouting
Bennis Company has the following comparative balance sheet data. BENNIS COMPANY Balance Sheets December 31 2011 2010 Cash $ 15,000 $ 30,000 Receivables (net) 70,000 60,000 Inventories 60,000 50,000 Plant assets (net) 200,000 180,000 $345,000 $320,000 Accounts payable $50,000 $...
October 6, 2009 by Tonya

computers/excel
How do I write an IF formula for the following statements? **July’s budgeted expenses are based on the differences between the budgeted and actual expenses for June stored in column D. July’s budgeted expenses will be the same as those for June when the difference is greater ...
December 12, 2009 by Kristen

Math
Les Fleurs, a boutique in Paris, France, had the following accounts in its accounting records at December 31, 20X2 (amounts in Euros, denoted as "E") Purchases………………... E250,000 Freight In……………… E8,000 Sales discounts…………. 4,000 Purchase returns…….. 7,000 Inventory Sales...
December 3, 2007 by Vision 9/ Help Please

Math
Les Fleurs, a boutique in Paris, France, had the following accounts in its accounting records at December 31, 20X2 (amounts in Euros, denoted as "E") Purchases………………... E250,000 Freight In……………… E8,000 Sales discounts…………. 4,000 Purchase returns…….. 7,000 Inventory Sales...
December 4, 2007 by Vision/ Help

college
Les Fleurs, a boutique in Paris, France, had the following accounts in its accounting records at December 31, 20X2 (amounts in Euros, denoted as "E") Purchases………………... E250,000 Freight In……………… E8,000 Sales discounts…………. 4,000 Purchase returns…….. 7,000 Inventory Sales...
April 18, 2009 by Anonymous

Acounting 202
Dokken & Dietrich’s Donut Company pays for 25% of its inventory purchases in the month of the purchase and the remainder in the following month. The company’s inventory purchases totaled $840,000 in October, $920,000 in November, and $600,000 in December. The company also paid...
March 22, 2007 by merceda

Accounting
As of January 1 of the current year, the Grackle Company had accounts receivables of $50,000. The sales for January, February, and March were as follows: $120,000, $140,000 and $150,000. 20% of each month’s sales are for cash. Of the remaining 80% (the credit sales), 60% are ...
July 14, 2013 by Anonymous

finance
a company's current sales are $400,000 at a volume of 10,000 units. Fixed costs are $120,000 and variable costs are $30 per unit. What is the company's breakeven sales volume in units?
November 25, 2011 by t.b.

Accounting
The following information was made available from the income statement and balance sheet of Lauren Company. Item 12/31/10 12/31/09 Accounts Receivable $53,400 58,600 Accounts Payable 35,600 32,700 Merchandise Inventory 85,000 79,000 Sales (2010) 243,000 Interest Revenue (2010...
November 26, 2012 by Rescueme417

Consumer Math
Joey-O's Organic Farm Financial Plan Revenues Budgeted Amounts From Farming $70,000 From Sales 8,200 Total $78,200 EXPENSES : Fertilizer $3,000 Pesticides 400 Feed 1,500 Equipment 1,700 Salaries 21,200 Supplies 300 Utilities 2,800 Insurance and interest 14,900 Repairs 2,100 ...
April 16, 2012 by Anonymous

accounting
On October 31, a flood at Payne Company’s only warehouse caused severe damage to its entire inventory. Based on recent history, Payne has a gross profit of 25 percent of net sales. The following information is available from Payne’s records for the 10 months ended October 31. ...
January 21, 2009 by Anonymous

accounting
The following information was made available from the income statement and balance sheet of Lauren Company. Item 12/31/10 12/31/09 Accounts Receivable $53,400 58,600 Accounts Payable 35,600 32,700 Merchandise Inventory 85,000 79,000 Sales (2010) 243,000 Interest Revenue (2010...
July 25, 2012 by anon

Accounting
Les Fleurs, a boutique in Paris, France, had the following accounts in its accounting records at December 31, 20X2 (amounts in Euros, denoted as "E") Purchases………………... E250,000 Freight In……………… E8,000 Sales discounts…………. 4,000 Purchase returns…….. 7,000 Inventory Sales...
September 22, 2006 by Jessica

Intro to Accounting
Les Fleurs, a boutique in Paris, France, had the following accounts in its accounting records at December 31, 20X2 (amounts in Euros, denoted as "E") Purchases………………... E250,000 Freight In……………… E8,000 Sales discounts…………. 4,000 Purchase returns…….. 7,000 Inventory Sales...
March 3, 2009 by Darren

college Managerial accounting
Problem 47 Simon Hinson Company operates two divisions: Gordon and Ronin. A segmented income statement for the company’s most recent year is as follow: Total Company Gordon Division Ronin Division Sales $850,000 $250,000 $600,000 Less variable expense 505,000 145,000 360,000 ...
January 7, 2010 by C

Accounting
Absorption Income versus Contribution Margin Income Absorption Income versus Contribution Margin Income Given the computations for both gross profit on sales and contribution margin, can you give specific benefits to be derived from gross profit on sales as opposed to ...
March 5, 2009 by Te

accounting
Canine Company produces and sells dog treats for discriminating pet owners. The unit selling price is $10, unit variable costs are $7, and total fixed costs are $3,300. What are breakeven sales? (Points :1) $11,000 $4,714 $3,300 $7,700
May 16, 2010 by Monica

Accounting
The following are all of the accounts of Mean Green Company that have a balance at the end of August, the company's first month of operation: Accounts receivable $11,000 Cash $10,100 Equipment 39,700 Advertising expense 3,000 Service revenues earned 32,000 Accounts payable 13,...
April 25, 2010 by Anonymous

Accounting
Based on the following production and sales estimates for May, determine the number of units expected to be manufactured in May. Estimated inventory (units), May 1 20,000 Desired inventory (units), May 31 15,000 Expected sales volume (units): South region 20,000 West region 40...
July 14, 2013 by Anonymous

managerial accounting
Werntz furniture had actual sales for July and august and forecasted sales for September, October, November and December as follows: Actual: July………………………………………………………….$ 98,000 August……………………………………………………… 105,000 Forecast September………………………………………………… 114,000 October...
October 17, 2011 by mz nailz

math
Scenario: Regression equations are created by modeling data, such as the following: Sales = (Cost Per Item × Number of Items) – Constant Charges In this equation, constant charges may be rent, salaries, or other fixed costs. This includes anything that you have to pay for ...
May 5, 2011 by sharon

MARKETING
Your company’s sales are 50,000 units. The unit variable cost is $12. Your markup percent on sales is 40% and your fixed costs are $100,000. 1. What is your profit / loss?
August 29, 2010 by KEVIN

Cost Accounting
A company’s sales volume averages 4,000 units per year. Recently, its main competitor reduced the price of its product to $48. The company expects sales to drop dramatically unless it matches the competitor's price. In addition, the current profit per unit must be maintained. ...
May 20, 2014 by David

college
Answer the problems below and show or explain how you arrived at your final answer. 1. You sell premium toasters and are making a pricing decision. At a price of $100 (or “p = $100”) you predict that you can sell 30 of these premium toasters at your Scottsdale, Arizona ...
April 13, 2010 by jj

ACCOUNTING (Advance Sales)
Hi: I am unsure of how to adjust Advance Sales. For Year End, DEC 31, 2011. If my Unadjusted Balance for advance sales is $324,000 and I am told the following: 75% of the balance in Advance Sales is for garments to be made and delivered in 2012; the remaining 25% is from sales...
January 27, 2013 by Anon

MSU
Shirts Unlimited operates a chain of shirt stores that carry many styles of shirts that are all sold at the same price. To encourage sales personnel to be aggressive in their sales efforts, the company pays a substantial sales commission on each shirt sold. Sales personnel ...
November 14, 2012 by Sam

accounting
O'Hara Inc. made sales of $310,000 during 2008, it's first year of operations. Of this, $15,000 remained in accounts receivable at the end of the year. Additionally, the company paid and incurred $270,000 in expenses during the year. The company also prepaid $5,000 of its 2009...
November 14, 2010 by Joyce

accounting
how would the table of analysis be set up with these transactions: started business with $25,000 paid rent $2,000 purchased equipment $6,000 only paid 40% owes difference purchased food and beverage $4,000 paid 75% in cash owes difference cash sales $4,000 utility bill was ...
March 14, 2012 by Keishante

Accounting
Hello I am not angry with you at all, however is there any way possible that you can help me with these two problems and we can call it even? Just let me know I am not trying to get over, however my computer had crashed and I am behind in class I purchased me a new laptop a ...
August 10, 2012 by Johniece McCoy

Excelsior
he following transactions occurred during March 2009 for the Wainwright Corporation. The company owns and operates a wholesale warehouse. 1. Issued 30,000 shares of common stock in exchange for $300,000 in cash. 2. Purchased equipment of a cost of $40,000. $10,000 cash was ...
January 28, 2014 by meghan

statistic
Which "average" would be best to use in the following situation? The accountant for a small company is asked to determine the average salary of its employees. The company is owned by two brothers who each make over $300,000 per year. The accountant makes $80,000 per year. The ...
July 12, 2012 by bria

college
1)The credit terms 2/10, n/30 are interpreted as? 2% cash discount if the amount is paid within 10 days, with the balance due in 30 days. 10% cash discount if the amount is paid within 2 days, with balance due in 30 days. 30% discount if paid within 2 days. 30% discount if ...
April 8, 2009 by Bae

accounting
Bryan company budgets sales of 1,800,000, fixed costs of 1,000,000 and variable costs of 1,080,000. what is the contribution margin ratio for Bryan Company
February 15, 2012 by jojo

finance
Shamroll inc. is a household products frim that is considering developing a new detergent. In evaluationg whether to go ahead with the new detergent project, which of the following statements is most correct? A) The company will produce the detergent in a building that they ...
April 16, 2011 by savin1

Algebra
A company reported that it made a profit of 8% as a percentage of sales and that its sales revenue was $25,000. How much profit did the company make?
January 11, 2011 by Anonymous

Finance
Omega Instruments has budgeted $300,000 per year to pay for certain ce- ramic parts over the next 5 years. If the company expects the cost of the parts to increase uniformly according to an arith- metic gradient of $1 0,000 per year, what is it expecting the cost to be in year...
May 26, 2013 by Aly

math
A salesperson has two job offers. Company A offers a weekly salary of $150 plus commission of 6% of sales. Company B offers a weekly salary of $300 plus commission of 3% of sales. What is the amount of sales above which Company A's offer is the better of the two?
September 30, 2012 by Anonymous

Finance
The glenna gayle company (GGC) had sales of $400,000 in the past year, with operating expenses of $210,000 and cost of goods sold of $70,000. Interest expense was $30.000, and $10,000 in common stock dividends were received. The company had $20,000 in capital gains and $30,000...
October 17, 2009 by Tash

accounting
Your CEO has limited knowledge of management accounting but of course, is vitally interested in forecasting profitability under different scenarios. He asked you, the management accountant, to begin your report by answering a few basic questions he's always wondered about. He ...
July 31, 2010 by Kyra

statistics
A regression analysis between sales (in $1000) and advertising (in $100) resulted in the following least squares line: = 75 + 6x. This implies that if advertising is $800, then the predicted amount of sales (in dollars) is: A) $4875 B) $123,000 C) $487,500 D) $12,300
August 18, 2009 by Danny

physics
you could produce a sample containing 2,400,000 free neutrons, what would it be 2658 seconds later? A) 300,000 neutrons, 2,100,000 protons, and 2,100,000 electrons. MY ANSWER B) 300,000 neutrons and 2,100,000 protons C) 300,000 neutrons, 2,100,000 protons, 2,100,000 neutrinos ...
October 26, 2011 by Anonymous

business
Lansing Auto Pats, Inc., has projected sales of $25,000 in October , $35,000 in November, and $30,000 in December of the company’s sales 20 percent are paid for by cash and 80 percent are sold on credit. The credit sales are collected one month after the sale. Determine ...
March 20, 2012 by Andre

Math
These are my steps but I don't think I did it the right way. 1,300,000 ^ 18.6% of ? 18.6/100 = 1,300,000/x 18.6x = 1,300,000 x 100 18.6x = 1,300,000 x = 1,300,000/ 18.6 I guess this is the part were I get stuck....
December 8, 2008 by Lisa

accounting
Cournot Company sells 100,000 wrenches for $12 a unit. Fixed costs are $300,000, and net income is $200,000. What should be reported as variable expenses in the CVP income statement? (a) $700,000. (c) $500,000. (b) $900,000. (d) $1,000,000.
October 24, 2009 by kathy

accounting
Pattillo Industries makes a product that sells for $25 a unit. The product has a $5 per unit variable cost and total fixed costs of $9,000. At budgeted sales of 1,000 units, the margin of safety percentage is 45%, 55%, 64%, none of these
November 14, 2013 by Rudy

ACCOUNTING
Calculate cost for a manufacturer, no inventories The following data pertains to the Anderson table mfg company for Jan. 2003 the company made 1000 tables durning Jan, and there are no beginning or ending inventories. wood used in production 25000 $25,000 cleaning supplies $ ...
May 12, 2008 by POWER

ACCOUNTING
Calculate cost for a manufacturer, no inventories The following data pertains to the Anderson table mfg company for Jan. 2003 the company made 1000 tables durning Jan, and there are no beginning or ending inventories. wood used in production 25000 $25,000 cleaning supplies $ ...
May 12, 2008 by POWER

Business
Using the financial statements for the Goodyear Calendar Company, calculate the 13 basic ratios found in the chapter. GOODYEAR CALENDAR COMPANY Balance Sheet December 31, 2008 Assets Current assets: Cash...
November 9, 2009 by Jeff

Accounting
Assume that Hickory Company has the following data related to its accounts receivable: 2005 Net Sales $ 1,425,000 Net receivables Beginning of year 375,000 End of year 420,000 2006 Net Sales $ 1,650,000 Net receivables Beginning of year 333,500 End of year 375,000 Use the data...
February 25, 2007 by Denise

accounting
i AM HAVING TROUBLE WITH THESE TWO QUESTIONS 2-17 Calculate cost for a manufacturer, no inventories The following data pertains to the Anderson table mfg company for Jan. 2003 the company made 1000 tables durning Jan, and there are no beginning or ending inventories. wood used...
May 12, 2008 by power

Physical science
If you could produce a sample containing 2,400,000 free neutrons, what would it be 2658 seconds later? A) 300,000 neutrons, 2,100,000 protons, and 2,100,000 electrons. MY ANSWER B) 300,000 neutrons and 2,100,000 protons C) 300,000 neutrons, 2,100,000 protons, 2,100,000 ...
October 25, 2011 by Anonymous

managerial accounting
The break-even point in dollar sales for Rice Company is $480,000 and the company’s contribution margin ratio is 40 percent. If Rice Company desires a profit of $84,000, how much would sales have to total? Answer: Fixed cost $288,000 Variables cost $192,000 (0.4)= $76,800 each...
April 16, 2014 by maria

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