Solution-Calculate budget cost of goods sold for each

Calculate budget cost of goods sold for each quarter

Assignment Help Managerial Accounting

Reference no: EM132511090

You work for the MARKER COMPANY, that sells high quality markers, and have been assigned to prepare the Master Budget for the year. After extensive interviews, you have gathered the following information; Markers will sell for $10 each. These markers cost $6 each. Anticipated sales for the year are 300,000 units.

These sales are anticipated in the following quarters:

01-65,000;

02-40,000;

03-70,000;

04-125,000.

Required:

Question a. From the information, calculate budget revenues for each quarter, and the total for the entire year. (show calculations for full credit)

Question b. From the information, calculate budget Cost of Goods Sold for each quarter, and the total for the entire year. (show calculations for full credit)

Reference no: EM132511090

Questions Cloud

Ethical issues for treatment professionals in corrections : What are the ethical issues for treatment professionals in corrections? Explain the two areas where probation and parole officers have discretion.

Calculate the geometric growth rate : A population of squirrels in a local park exhibits geometric growth. The initial population size is 43 squirrels. During the year being studied

Translate the mrna into amino acids using the genetic code : a) What is the complementary DNA strand for T C A T G C G C A A C A ?

Ethical dilemma- good relationship with the counselors : You are a prison counselor and have a good relationship with the other counselors. You all go out drinking after work sometimes,

Calculate budget cost of goods sold for each quarter : From the information, calculate budget Cost of Goods Sold for each quarter, and the total for the entire year. (show calculations for full credit)

?estimate the atlantic salmon population in river : ?Estimate the Atlantic salmon population in this river during this study.

What is the percent change in operating income expected : What is the percent change in operating income expected by Shorter in the coming year? 54.17%, 8.33%,48.0%, 20.0%, 30.0%.

What barriers did the measles virus : In terms of the immune system, what barriers did the measles virus need to get through in order for Jon to start experiencing the symptoms?

Diversity litigation research : Access the Equal Employment Opportunity Commission's web site for press releases. Describe the allegations, plaintiffs, and resolution to the case.

User Account

All Pages

Calculate budget cost of goods sold for each quarter

Reference no: EM132511090

Reference no: EM132511090

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT