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September 2, 2014

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

Number of results: 51,016

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

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

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

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

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

Cost Accounting
Budgeted material costs 1,000 Budgeted labor costs 2,000 Budgeted overhead costs 1,500 Actual material costs 900 Actual labor costs 1,800 Actual overhead costs 1,250 1/1 WIP = 0 12/31 WIP = 2 1) Materials 25 Labor 20 2) Materials 15 Labor 32 Compute the overhead allocation ...
May 27, 2012 by Julia

Computer/Excel
How do I write an IF formula for the following statement? **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

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

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

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

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

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

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
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

math
Mr noonan has $2 million budgeted for costs related to filing a movie on location. He estimates the costs to be c = $108.000 + $175.000 where c = costs in dollars and n = number of days. what is the greatest number of days he can film on location and remain within the budget?
January 24, 2012 by Sabrena

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

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

Accounting
I am having difficulties with the accounting problem below Roland Andersson is the manager of the Ekland Division of Ystad Industries. He is one of several managers being considered for position of CEO, as the current CEO is retiring in a year. All divisions use standard ...
February 18, 2012 by Del

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

algebra
In the promotional park your company has budgeted $40,000 for some High Quality Astroturf and trees for a miniature golf course. The company plans on laying out 4,000 square feet of High Quality Astroturf, which costs $5.50 per square foot. The trees that your company wants to...
May 16, 2011 by Anonymous

Cost Accounting
PLEASE, PLEASE, can you give me the step to calculate these: 1.Prepare the beginning inventory for the first quarter 2.Prepare the budgeted beginning inventory for the second - fourth quarters 3.Prepare the budgeted production for each quarter 4.Prepare the budgeted production...
November 5, 2009 by Jessi

ACCOUNTING
Mills Company uses standard costing for direct materials and direct labor. Management would like to use standard costing for variable and fixed overhead. The following monthly cost functions were developed for manufacturing overhead items: Overhead Item Cost Function Indirect ...
December 1, 2012 by DAVID

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

Accounts
A company produces just one standard product. The company's budgeted overheads for the next financial year are £80000. Other relevant information includes: Budgeted Production: 16000 units Cost of Raw Material per unit: £4 Cost of Direct Labour per unit: £4 Standard Machince ...
January 8, 2009 by Claire

microsoft exel help
Suppose that cell B2 contains the budgeted amount and cell C2 contains the actual amount. Write the formula (including the IF conditions) that would insert the word under if the actual amount was less than the budgeted amount and insert the word over if the actual amount was ...
March 27, 2011 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
"Harris Company manufactures and sells a single product. A partically completed schedule of the company's total and per unit cost over the relevant range of 30,000 to 50,000 per units produced and sold are: United produced and Sold: 30,000 ; 40,000; 50,000 Total costs: ...
June 3, 2010 by denise

managerial accounting
The Joyner Corporation originally budgeted for $360,000 of fixed overhead. Production was budgeted to be 12,000 units. The standard hours for production were 5 hours per unit. The variable overhead rate was $3 per hour. Actual fixed overhead was $360,000 and actual variable ...
August 10, 2009 by natasha

Accounting
The St. Augustine Corporation originally budgeted for $360,000 of fixed overhead. Production was budgeted to be 12,000 units. The standard hours for production were 5 hours per unit. The variable overhead rate was $3 per hour. Actual fixed overhead was $360,000 and actual ...
July 23, 2013 by Anonymous

Accounting
The St. Augustine Corporation originally budgeted for $360,000 of fixed overhead. Production was budgeted to be 12,000 units. The standard hours for production were 5 hours per unit. The variable overhead rate was $3 per hour. Actual fixed overhead was $360,000 and actual ...
July 28, 2013 by Anonymous

college
The Joyner Corporation originally budgeted for $360,000 of fixed overhead. Production was budgeted to be 12,000 units. The standard hours for production were 5 hours per unit. The variable overhead rate was $3 per hour. Actual fixed overhead was $360,000 and actual variable ...
August 9, 2009 by natasha

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

Math!
The actual expenses for the most recent fiscal quarter were 121% of budgeted expenses. If the budgeted expenses were $76,570 then what were the actual expenses? (round to the nearest cent).
January 29, 2010 by help!

accounting
Assignment Please prepare the homework problems in the form of a Word and/or Excel file. Try to use one file to submit your answers if possible and include the questions with your answers. You must show your calculations. A dermatology clinic expects to contract with an HMO ...
September 26, 2010 by Doloes

MARKETING
8. Net-4-You is an Internet Service Provider that charges its 1 million customers $19.95 per month for its service. The company's variable costs are $.50 per customer per month. In addition, the company spends $.50 per month per customer. or $6 million annually, on a customer ...
May 8, 2010 by BABI

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

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

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

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

marketing
1.A store has fixed costs of 80,000 and an avarage gross margin of 26%. Variable expenses are estimated to be 6% of sales. a.calculate the break-even sales volume. b.calculate the profit/losses for sales of 300,000 I got the formulas: unit contribution= price - variable costs ...
March 25, 2008 by bri

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

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

Accounting
Motorcycle Manufacturers, Inc. projected sales of 76,000 machines for 2012. The estimated January 1, 2012, inventory is 6,500 units, and the desired December 31, 2012, inventory is 7,000 units. What is the budgeted production (in units) for 2012? a. 66,000 b. 75,500 c. 65,000 ...
July 20, 2013 by Anonymous

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

Business Finance
Vandalay Industries is considering the purchase of a new machine for the production of latex. Machine A costs $2,190,000 and will last for 7 years. Variable costs are 38 percent of sales, and fixed costs are $122,000 per year. Machine B costs $4,530,000 and will last for 11 ...
December 4, 2010 by Leigh

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

Algebra
The costs of doing business for a company can be found by adding fixed costs, such as rent, insurance, and wages, and variable costs, which are the costs to purchase the product you are selling. The portion of the company’s fixed costs allotted to this product is $300, and the...
August 4, 2008 by Kris

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

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
If fixed costs are $300,000, the unit selling price is $31, and the unit variable costs are $22, what is the break-even sales (units) if fixed costs are reduced by $30,000? Answer 30,000 units 8,710 units 12,273 units 20,000 units
July 14, 2013 by Anonymous

fin220
Collins Office Supplies is considering a more liberal credit policy in order to increase sales The following data is available for the company: Uncollectable new accounts 7% Collection costs 6% of new sales Production and selling costs 79% Accounts receivable turnover 6 Income...
October 21, 2009 by maggie

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
Allocatin and proration of overhead. Frankin & Son Printing designed and prointed alses brochures, catalogues, and pamplhets. The business was dissolved in early 1763. Frankklin & Son Printing used a normal costing system. It has two direct cost pools, materials and labor and ...
July 27, 2008 by quemas

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

Principles of Finance HELP!!!
Problem 16-7. Pro forma income statement At the end of last year, Roberts Inc. reported the following income statement (in millions of dollars): Sales 3000 Operating costs excluding depreciation 2450 EBITDA 550 Depreciation 250 EBIT 300 Interest 125 EBT 175 Taxes (40%) 70 Net ...
September 29, 2006 by Laura

accounting
The Bags and Luggage Company had the following account balances as of January 1: Direct Materials Inventory $ 8,700 Work in Process Inventory 76,500 Finished Goods Inventory 53,000 Manufacturing Overhead - 0 - During the month of January, all of the following occurred: 1. ...
January 22, 2013 by alexis

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

FINN 200
12. The Harmon Company manufactures skates. The company’s income statement for 2008 is as follows; Sales (20,000 tires at $60 each) . . . . . . . . . . . . . . . . . . . . . . . . $1,200,000 Less: Variable costs (20,000 tires at $30) . . . . . . . . . . . . . . . 600,000 Fixed...
February 26, 2010 by teena

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

Managerial Accounting
me Embleton Company estimates that variable costs will be 40% of sales, and fixed costs will total $975,400. The selling price of the product is $6. (a) Compute the following: (Round all answers to 0 decimal places. You will need to round contribution margin to 2 decimal ...
August 7, 2005 by THE AMAZING WIZARD

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

Accounting
1. The company uses a job-order costing system. How would you recommend that manufacturing overhead cost be assigned to production? 2. Recompute the company's unit product costs in accordance with your recommendations in (1) above. Direct Materials........... $240,000 Direct ...
January 9, 2007 by Chris

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

math
the biology club budgeted $200 for their pancake breakfast. each meal costs $1.50 to prepare. write an inequality that represents the number of meals that can be prepared without going over the budget.
November 4, 2009 by mina

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

Finance
You have been asked by management to explain the variances in cost under your inpatient capitated contract. The following data is provided: Budget Actual Inpatient costs $12,568,500 $16,618,350 Members 42,000 42,000 Admission rate 0.070 0.095 Case mix index 0.90 0.85 Cost per...
June 24, 2011 by Karam

Fin&Acc
B3 Company is a manufacturing firm that uses job-order costing. The company's inventory balances were as follows at the beginning and end of the year: Beginning Ending Raw materia $26,000 $31,000 Work in process 77,000 59,000 Finished goods 124,000 139,000 The company applies ...
October 5, 2007 by matt

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

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

Finance 200
11. The Sterling Tire Company’s income statement for 2008 is as follows: Given this income statement, compute the following: STERLING TIRE COMPANY Income Statement For the Year Ended December 31, 2008 Sales (20,000 tires at $60 each...
February 26, 2010 by teena

( Online Class ) Consumer Math
Adjusting a budget - Given the net income, the percent budgeted for two variable expenses, and the amount of an unexpected bill, determine if there is enough money in the variable expense items to cover the amount of the unexpected expense or if the bill should be covered with...
April 14, 2012 by Naty

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?
December 19, 2010 by sophia

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

math question
I am trying to study for a basic math entrance exam and can not recall how to work out the following question. Here it is: Three people who work full time are to work together on a project,but their total time on the project is to be equivalent to that of only one person ...
August 11, 2010 by Heather

MAT/116
I was just wandering if this was correct? 1. Your company is planning to spend no less than $80,000 and no more than $100,000 on a landscaping project, which will be used as a promotional park that promotes your toaster manufacturing company. Write an inequality with a ...
May 29, 2011 by Vic

MAT/116
I was just wandering if this was correct? 1. Your company is planning to spend no less than $80,000 and no more than $100,000 on a landscaping project, which will be used as a promotional park that promotes your toaster manufacturing company. Write an inequality with a ...
May 30, 2011 by Vic

Accounts
A manufacturing Company produces 2 products – A and B. The following information is presented for both products: A B Selling Price per unit $18 $12 Variable Cost per unit $14 $6 Total Fixed Costs are $468,000. Compute: The contribution margin for each product. Break-even point...
February 5, 2008 by Amy

accounting
Here is another one: BDH Corporation, which makes only one product, Kisty, has the following information available for the coming year. BDH expects sales to be 30,000 units at $50 per unit. The current inventory of Kisty is 3,000 units. BDH wants an ending inventory of 3,500 ...
May 9, 2008 by mh

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

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

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

Finance
Company reported $9,000 of sales, $6,000 of operation costs other than depreciation, and $1,500 of depreciation. The company had no amortization charges and no non-operation income. It had issued $4,000 of bonds that carry a 7% interest rate, and its federal-plus-state income ...
October 12, 2010 by Michell

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

Math
1. In this problem, we analyze the profit found for sales of decorative tiles. A demand equation (sometimes called a demand curve) shows how much money people would pay for a product depending on how much of that product is available on the open market. Often, the demand ...
April 17, 2011 by EJ

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
#1 chin company incurred direct materials costs of $300,000 during the year. manufacturing overhead rate is 70%. how much are chin company total manufacturing costs for the year?
July 6, 2007 by EMMA

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

inter Alegbra
A start up computer company can sell 1000 computers if they price them at $500. The number sold will increase by 10 for every $1 decrease in the price. The company has fixed costs of $100,000, and each computer costs $300 to produce. Find the price that will maximize the ...
November 14, 2010 by linda

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
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 company has a 10% earning on sales before taxes. If material costs are reduced by $250.000 and everything else remains the same, how much would sales have to increase to earn the same amount?
February 4, 2010 by Tara

Finance
The prince Albert Corporation has forecasted the following sales for the first seven months Jan $10,000 Feb 12,000 Mar 14,000 April 20,000 May 10,000 June 16,000 July 18,000 Monthly material purchase are set to 30 % of forecasted sales for the next month. Of the total material...
April 5, 2009 by Raana

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