Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - The Deluxe Motorcar in northern California manufactures motor cars of all categories. Its budgeted sales for the most popular sedan model XE8 in 2018 are 4,000 units.
Deluxe Motorcar has a beginning finished inventory of 600 units. Its ending inventory is 450 units. The present selling price of model XE8 to the distributors and dealers is $35,200. The company does not want to increase its selling price in 2018. Deluxe Motorcar does not produce tires. It buys the tires from an outside supplier. One complete car requires five tires including the tire for the extra wheel. The company's target ending inventory is 400 tires, and its beginning inventory is 350 tires. The budgeted purchase price is $45 per tire.
Required -
i. Compute the budgeted revenues in dollars.
ii. Compute the number of cars that Deluxe Motorcar should produce.
iii. Compute the budgeted purchases of tires in units and in dollars.
iv. What actions can Deluxe Motorcar's managers take to reduce budgeted purchasing costs of tires assuming the same budgeted sales for Model.
Beginning inventory for the month of Jan is $43,500 and ending inventory of june is 39,200. Prepare cash disbursement budget for the period from March to May
Annual inflows are $120,000 and annual outflows are $86,000 (including depreciation). What is the annual rate of return on this purchase
Explain what you learn about the disclosures of your SEC 10-K company relating to Pensions and Post Retirement Benefits
rfs is considering adding a new product line home equity loans which rfs believes will make the mortgage business more
Explain the importance of prototyping. What are the steps to be followed during the prototyping process
sharon and thomas are married have two dependent children and file a joint return in 2014. if they have adjusted gross
Record, in journal entry form, the entries that Moore would make for the preceding transactions on its spreadsheet to prepare its statement of cash flows.
the comparative balance sheets for 2013 and 2012 and the statement of income for 2013 are given below for metagrobolize
The book values of Pitts' individual assets and liabilities approximate their acquisition-date fair values except for the patent account, which was undervalued by $350,000. The undervalued patents had a 5-year remaining life at the acquisition dat..
DITO Company provided the following information for 2019. Make an income statement or financial statement using "functional method" for the year
Question - Use T-accounts to summarize activities and do a classified income statement for July and a classified balance sheet at the end of July
Determine the amount of Ion's deferred tax asset and valuation allowance, and construct the appropriate journal entry that Ion would record
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd