Executive officers of shavez company are wrestling with

Assignment Help Financial Accounting

Reference no: EM13370544

Executive officers of Shavez Company are wrestling with their budget for next year. The subsequent are two different sales estimates given by two different sources. Sales manager 1st quarter 380,000, 2nd quarter 310,000; 3rd quarter 280,000 4th quarter 480,000. Marketing consultant 1st quarter 520,000; 2nd quarter 460,000; 3rd quarter 410,000 and 4th quarter650, 000. Shavezs past experience shows that cost of goods sold is about 60 % of sales revenue. The company tries to maintain 10 percent of the next of the next quarters expected cost of goods sold as the present quarters ending inventory. This years ending inventory. This years ending inventory is 29,000.Next years ending inventory is budgeted to be $30,000.

(A) Create an inventory purchase budget using the sales manager's estimate.

(B) Create an inventory purchases budget using marketing consultants estimate.

Reference no: EM13370544

Questions Cloud

A client of cpa firm of harston and mendez is a medical : a client of cpa firm of harston and mendez is a medical practice of seven local doctors. one doctor has been sued for

1 explain the production process and the product or : 1. explain the production process and the product or service.2. show the different production departments you think

Ellen crawley owns a small restaurant in new york city ms : ellen crawley owns a small restaurant in new york city. ms. crawley gave her accountant with the subsequent summary

You bought a racehorse that had a winning streak for 4 : you bought a racehorse that had a winning streak for 4 years bringing in 500000 in the end of each year before dying of

Executive officers of shavez company are wrestling with : executive officers of shavez company are wrestling with their budget for next year. the subsequent are two different

Aardvark inc began 2005 with the subsequent receivables : aardvark inc. began 2005 with the subsequent receivables related account balancesaccounts receivable 575000allowance

A year ending balance sheet showed the subsequent subtotals : a year ending balance sheet showed the subsequent subtotals current liabilities 80000property plant and equipment

This page adds your oaes assignment problems for this week : this page adds your oaes assignment problems for this week. you can work on the problems in any format you choose such

1lets take that we also produce the plastic bottles for : 1.lets take that we also produce the plastic bottles for containing the water. would the production of plastic bottles

User Account

All Pages