Below is budgeted production and sales information for Flushing Company for the month of December: Product XXX Product ZZZ Estimated beginning inventory 32,000 units 20,000 units Desired ending inventory 34,000 units 17,000 units Region I, anticipated sales 320,000 units 260,000

36,350 results
  1. math- im really confused! please help!!

    A company makes three products X, Y and Z. Each product requires processing by three machines A, B and C. The time required to produce one unit of each product is shown below. Product X:- Machine A: 1 Machine B: 2 Machine C: 2 Product Y: Machine A:2

  2. 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;

  3. 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

  4. Math Help!!!!!!!!!!!!!

    Clarissa works in sales for a software company. Her pay each month varies, because each month she receives a base pay of $2,400.00 plus 8% commission on her sales. During the month of November, Clarissa had $18,000.00 in sales. For the month of November, %

  5. accounting

    Below is budgeted production and sales information for Flushing Company for the month of December: Product XXX Product ZZZ Estimated beginning inventory 32,000 units 20,000 units Desired ending inventory 34,000 units 17,000 units Region I, anticipated

  6. 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

  7. 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

  8. 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

  9. Accounting

    O' Hara Company began operations on December 1, 2011. Presented below is selected information related to O' Hara Company at December 31, 2011. Office Equipment ₤ 40,000; Utilities Expense ₤ 6,000; Cash 14,000; Accounts Receivable 27,000; Service

  10. Math

    Im having trouble getting the correct answer to this question. Could someone help out. Monthly sales of a particular personal computer are expected to decline at the following rate of S'(t) computers per month, where t is time in months and S(t) is the

  11. 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

  12. Algebra

    A telemarketer makes calls from he home. She earns $240 per month plus a commission of 5% on her sales. Her employer also reimburses her for long distance telephone charges for calls made for the company. Last month she received a check for $256.65, which

  13. math

    The table shows the average production data for three products over the last month. The difference between the costs and the sale price is the company profit for one unit. If a new production method allows the labor costs of Product C to be reduced to

  14. Accounting

    O' Hara Company began operations on December 1, 2011. Presented below is selected information related to O' Hara Company at December 31, 2011. Office Equipment ₤ 40,000; Utilities Expense ₤ 6,000; Cash 14,000; Accounts Receivable 27,000; Service

  15. accounting

    using the following information, calculate inventory turnover ratio, the average days in inventory, and the gross profit ratio for Howard Company for the year ended december 31, 2011( round to two decimal places) sales $225,00 Cost of goods $175,000 Ending

  16. 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

  17. 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

  18. geometry

    Martha works as a salesperson for momentum sales. she earns $1,000 per month plus 15% commission on her sales. a. write an equation that expresses t, her income for one month as a function of x, her total sales for the month. b. River City Sales, another

  19. accounting

    The accounting records of NuTronics, Inc., include the following information for the year ended December 31, 2011. Dec. 31 Jan. 1 Inventory of materials $ 24,000 $ 20,000 Inventory of work in process 8,000 12,000 Inventory of finished goods 90,000 80,000

  20. 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

  21. 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

  22. 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

  23. Math

    A company's sales are seasonal with the peak in mid-December and the lowest point in mid-June. The company makes $110000 in sales in December, and only $30000 in June. A) Find a trigonometric function, s=f(t) , representing sales at time t months after

  24. 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

  25. Finance

    Here is a forecast of sales by National Bromide for the first 4 months of 2012 (figures in thousands of dollars): Month: 1 2 3 4 Cash sales 19 28 22 18 Sales-on-crdt 140 160 130 110 On average, 40% of credit sales are paid for in the current month, 20% in

  26. 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

  27. Math

    Lane Corporation desires a December 31 ending finished goods inventory of 1,500 units. Budgeted sales for December are 2,300 units. The November 30 finished goods inventory was 850 units. What is budgeted production in units?

  28. math

    The Wyndsor Glass Co produces high quality windows and glass doors. It has three plants. – Plant 1 makes aluminum frames – Plant 2 makes wood frames – Plant 3 makes glass and assembles the products The company wants to introduce 2 new products: 8 ft

  29. Math, mathematics of finance

    I am stuck on these two math questions. If nyone could help me solve them it would be greatly appreciated! Here is the information: Engineering estimates indicate that the variable cost of manufacturing a new product will be $35 per unit.Based on market

  30. 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 of 2012 were as follows: $120,000, $140,000 and $150,000. 20% of each month’s sales are for cash. Of the remaining

  31. C Programming

    Write a C program that accepts sales made by 5 sales reps for the 4 months that they have been selling the company's products. The program should then find the total sales for 4 months, total sales for each sales rep, and total sales per month. The highest

  32. Accounting

    Starfax, Inc., manufactures a small part that is widely used in various electronic products such as home computers. Operating results for the fi rst three years of activity were as follows (absorption costing basis): In the latter part of Year 2, a

  33. statistics

    1. A company decides to add a new program that prepares randomly selected sales personnel to increase their number of sales per month. The mean number of sales per month for the overall population of sales people at this national company is 25 with a

  34. C Programming

    how do i write a C program that accepts sales made by 5 sales reps for the 4 months that they have been selling the company's products. The program should then find the total sales for 4 months, total sales for each sales rep, and total sales per month.

  35. Algebra

    1. In this problem, we will analyze the profit found for sales of a certain product. 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

  36. Algebra

    . In this problem, we will analyze the profit found for sales of a certain product. 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

  37. Business Finance

    Immediate help needed for the following two questions: 15-12A. (Break-even point) You are a hard-working analyst in the office of financial operations for a manufacturing firm that produces a single product. You have developed the following cost structure

  38. Accounting

    (Dollar-Value LIFO) Presented below is information related to Dino Radja Company. Ending Inventory Price Date (End-of-Year Prices) Index December 31, 2004 $ 80,000 100 December 31, 2005 115,500 105 December 31, 2006 108,000 120 December 31, 2007 122,200

  39. Management Accounting

    Victoria Kite Company, a small Melbourne firm that sells kites on the Web wants a master budget for the next three months, beginning January 1, 2005. It desires an ending minimum cash balance of $5,000 each month. Sales are forecasted at an average

  40. MATH

    A company makes three products X, Y and Z. Each product requires processing by three machines A, B and C. The time required to produce one unit of each product is shown below. Product X:- Machine A: 1 Machine B: 2 Machine C: 2 Product Y: Machine A:2

  41. MATH-PLEASE HELPPP!!!!

    A company makes three products X, Y and Z. Each product requires processing by three machines A, B and C. The time required to produce one unit of each product is shown below. Product X:- Machine A: 1 Machine B: 2 Machine C: 2 Product Y: Machine A:2

  42. MATH- please help!

    A company makes three products X, Y and Z. Each product requires processing by three machines A, B and C. The time required to produce one unit of each product is shown below. Product X:- Machine A: 1 Machine B: 2 Machine C: 2 Product Y: Machine A:2

  43. accounting

    Can somebody please explain what this is asking? I do not understand any of this. A firm utilizing LIFO inventory accounting would, in calculating gross profits, assume that : A. all sales were from beginning inventory. B. sales were from current

  44. science

    The XYZ Company makes widgets and sells to a market that is just about to expand after a period of stability. As the year starts, the widgets are manufactured at a cost of $0.75 and sold at a market price of $1.00. In addition, the firm has 1,000 widgets

  45. 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

  46. 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:

  47. accounting

    Walk talk manufacture a cordless telephone system . At the beginning of the financial year ending 30 Nov 2009 , the firm budgeted to make and sell 50,000 units of its only product , the NOVA at the selling price of 30 $ per unit . other budgeted

  48. 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

  49. Accounting

    The following information relates to Years 1 and 2 of a company that produces a single product. Actual information for those years is as follows: Year 1 Year 2 Variable production costs per unit Sh.22 Sh.27 Selling price per unit Sh.40 Sh.40 Fixed

  50. accounting II

    i am completely stuck on this! 5. Manufacturing statements and cost behavior Tampa Foundry began operations during the current year, manufacturing various products for industrial use. One such product is light-gauge aluminum, which the company sells for

  51. Psychology

    1. A company decides to add a new program that prepares randomly selected sales personnel to increase their number of sales per month. The mean number of sales per month for the overall population of sales people at this national company is 25 with a

  52. Statistics

    1. A company decides to add a new program that prepares randomly selected sales personnel to increase their number of sales per month. The mean number of sales per month for the overall population of sales people at this national company is 25 with a

  53. statistics

    a company decides to add a new program that prepares randomly selected sales personnel to increase their number of sales per month. The mean number of sales per month for the overall popualtion of sales people at this national company is 25 with a standard

  54. 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

  55. accounting

    Shower Sales Ltd sells plumbing fittings in a rapidly developing area. Its sales in June are $500 000. From recent experience, the manager can confidently predict that sales will increase 10% each month cumulatively. 10% of sales are for cash, 80% are paid

  56. 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

  57. 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

  58. 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

  59. 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

  60. Math

    a company having two branches located at abuja and lagos both of which have sales of 50,000 in the first month of trading.if abuja's sales increase each month at the rate of 7,500 per month and lagos sales increase at the rate of 10% per month on the

  61. Science Chemistry

    Phosphorous (P) is an indispensable nutrient in food production. According to the estimates, mineral phosphorous resources will end up within 50 years and consequently new sources of P has to be found. A human excretes 2,2 g of phosphorous (P) per day on

  62. Science

    Phosphorous (P) is an indispensable nutrient in food production. According to the estimates, mineral phosphorous resources will end up within 50 years and consequently new sources of P has to be found. A human excretes 2,2 g of phosphorous (P) per day on

  63. Pseudocode

    I'm a first year student and a missed a lot for this chapter and really dont know where to even start. I have to write the pseudocode for this using Notepad:  A company sales manager requires a sales analysis of the two products on offer at the end of

  64. math

    CC-chem co manufactures a single product, product W, and have provided you with the following information which relates to the period which has just ended. Standard cost per unit of product W Materials: Materials Price per kilo total Kilos $ $ F 15 4 60 G

  65. math

    CC-chem co manufactures a single product, product W, and have provided you with the following information which relates to the period which has just ended. Standard cost per unit of product W Materials Price per kilo total Kilos $ $ F 15 4 60 G 12 3 36 H 8

  66. Accounting

    O'Neill Co. has $296,000 in accounts receivable on January 1. Budgeted sales for January are $860,000. O'Neill expects to sell 20% of its merchandise for cash. Of the remaining 80% of sales on account, 75% are expected to be collected in the month of sale

  67. math

    The Wyndsor Glass Co produces high quality windows and glass doors. It has three plants. – Plant 1 makes aluminum frames – Plant 2 makes wood frames – Plant 3 makes glass and assembles the products The company wants to introduce 2 new products: 8 ft

  68. 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%

  69. 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?

  70. Accounting

    Please explain I'm so lost Chandler Ltd. estimates sales for the second quarter of 2014 will be as follows. Month Units April 2,550 May 2,475 June 2,390 The target ending inventory of finished products is as follows. March 31 2,000 April 30 2,230 May 31

  71. math!

    an oil well produceds 2500 barrels of oil during its firt month of production. The oil company predicts its production will drop 5% each month thereafter. how many barrels of iol will this company produce in its first yeear? what formula would I use and I

  72. Math

    . Jordan’s Jeans Company reported net income for 2014 of $871,800 and the company paid dividends of $0.08 per share in 2014. Given this information (along with the data provided above), compute what Jordan’s Jeans Company reported as retained earnings

  73. Accounting1 - ethical issue

    Gorries Bearing Company makes all sales of industrial bearings under terms of FOB shipping point. The Company usually receives orders for sales approximately one week before shipping inventories to customers. For orders received late in december Bob

  74. math

    a small mail order company earns a 15% profit on all sales. if the company earned $5250 one month, how much were the total sales.?

  75. business math

    Please help me to solve the question below. An electrical appliances shop owner estimates that his sales will increase by 5% every month. The sales for the first month were $30,000. Find: a)The sales for the 10th month b)the total sales for the first year

  76. Economics

    Which of the following business situation would be banned by the Sherman Anitrust Act? A. A company invents a better product and charges higher price. B. A company lowers the price of a product in order to gain market share. C. A company buys up all

  77. 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

  78. 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

  79. Math

    Student budgeted a $25 a month for phone service. If the telephone company charges $18 a month for basic service and $.05 a minute for each long distance call, how many minutes can be spent on long distance calls each month?

  80. accounting

    Prepare a monthly Cash Budget in tabular form for the months of February, March and April; showing the bank balance at each month's end. Company Information and Background The following data is available from the various functional budgets prepared at

  81. tourism and hospitality

    Which describes the prices of products during the introduction stage of the life cycle? they are generally low because a company wants consumers to try its new product they are generally average because the company does not know if it is going to need to

  82. accounting

    Moreno Industries has adopted the following production budget for the first 4 months of 2013. Month Units Month Units January 10,000 March 5,000 February 8,000 April 4,000 Each unit requires 3 pounds of raw materials costing $2 per pound. On December 31,

  83. math

    ou were named District Manager of the Month at BeBop Records due to a hiring study you conducted. Your study showed that each of 30 salespersons that you supervise average $50,000 in sales each month. Your study also showed that for each new salesperson

  84. Intro to computers

    You have created a worksheet documenting sales over every quarter since the start of your company. Each column represents a quarter and each row represents a product you sell. Each cell contains the sales generated for that product. You want to find the

  85. 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

  86. accounting

    . Production and cash-outlay computations RPR, Inc., anticipates that 120,000 units of product K will be sold during May. Each unit of product K requires four units of raw material A. Actual inventories as of May 1 and budgeted inventories as of May 31

  87. Cost accounting

    Hardahl Chemical produces thc. Approximated net realizable values at split-off.ree joint products and one by-product. The following information is available for September 2008:Sales Value at Cost after Final Selling Product Gallons Split-Off per gallon

  88. accounting

    Your company manufactures specialty items. In order to reduce any loss from a customer canceling an order after production has been started, your company requests a 50% deposit before it will start the manufacturing process. On January 3, you get an order

  89. Business

    Blue Dolphin Industries manufactures one product. The company's sales and expenses for February were as follows: The sale price of the unit is $ 200 Production cost per unit is $ 50 General unit cost is $ 25 Other production costs are $ 10,300 Sale and

  90. pre-calculus

    At a selling price of $ 54 , a lamp company breaks even on total sales of $ 3564 . If the company's overhead is $ 396 , find the marginal production cost per lamp and find the profit on sales of 145 lamps.

  91. Math

    At a selling price of $ 54 , a lamp company breaks even on total sales of $ 3564 . If the company's overhead is $ 396 , find the marginal production cost per lamp and find the profit on sales of 145 lamps.

  92. Math (Problem Solving)

    Sasha took in a car loan with a maturity of 5 years in which the first payment was on December 2016. Right after paying the first month on December 15, she made an advance payment for two (2) months and he intends to pay extra month every two months. In

  93. 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?

  94. 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

  95. 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%.

  96. Mathematics

    Sales at a deli increased 19.5% this month compared to last month. If sales this month were $159,413, what were the sales last month?

  97. accounting

    Bubba Production Company produces a homogenous product. All materials are added at the beginning of production and other product costs are added evenly over time until the product is complete. Conversion costs were 70% complete with respect to the 2,000

  98. 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

  99. math

    Information related to Hermesch Company for 2011 is summarized below. Total credit sales $2,200,000 Accounts receivable at December 31 825,000 Bad debts written off 33,000 What amount of bad debts expense will Hermesch Company report if it uses the direct

  100. accounting

    hi,..!! i hope u can answer it,.. the following data are gathered prior to the preparation of the year end adjusting journal entries of IEMELIF enterprises: nature: last payment date: TAXES december 15, 20-7 ELECTRICITY december 22, 20-7 WATER december 10,

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