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Determine the budgeted cost of goods sold for June

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Q1. A project that cost $80000 with a useful life of 5 years is being considered. Straight-line depreciation is being used and salvage value is $5000. The project will generate annual revenues of $21375. Determine the annual rate of return?

50.3%.

17.0%.

16.0%.

15.0%.

Q2. A company determined that the budgeted cost of producing a product is $Unresolved per unit. On June 1, there were Unresolved units on hand, the sales department budgeted sales of Unresolved units in June, and the company desires to have Unresolved units on hand on June 30. Determine the budgeted cost of goods sold for June?

$10410000.

$14010000.

$12990000.

$11700000.

Reference no: EM132795368

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