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Question: The sales budget is usually the first and most crucial of the component budgets in a master budget because all other budgets usually rely on it for planning purposes. Required Assume that your company's sales staff provides information on expected sales and selling prices for items making up the sales budget. Prepare a one-page memorandum to your supervisor outlining concerns with the sales staff's input in the sales budget when its compensation is at least partly tied to these budgets. More generally, explain the importance of assessing any potential bias in information provided to the budget process.
jeoffroy inc. uses the weighted-average method in its process costing. the following data concern the companys assembly
Determine the due date and the amount of interest due at maturity on the following notes: Oct. 1 fee amount 10,500, interest rate 8%, and term of the note is 60 days, Aug. 30 18,000, 10%,120 days, May 30., 12,000, 12%, 90 days, March 6, 15,000, 9%..
Determine the total flexible budget materials variance for pigment. Indicate whether the variance is favorable or unfavorable. Determine the materials price variance and indicate whether the variance is favorable (F) or unfavorable (U).
the management of gimenez corporation is investigating an investment in equipment that would have a useful life of 7
When heavy rain ruined the banana crop in central america theprice of bananas rose from $1 pound to $2 pound. By how much did the quantity demanded of bananas change?
How do unrealized intercompany inventory profits from a prior period affect the computation of consolidated net income when the inventory is resold in the current period? Is it important to know if the sale was upstream or downstream? Why or why n..
analysis reveals that a company had a net decrease in cash of 4500 for the current year. net cash provided by operating
alicia wants to have 20000 in her granddaughteru2019s savings account at the end of 20 years. how much must she deposit
Mattola Company is giving each of its employees a holiday bonus of $100 on December 20 (a non payday). The company wants each employee's check to be $100. The supplemental tax percent is used.
Compare the so called test for detemining US residence in section 7701 (b) and the myraid of exceptions and special rules used in applying such tests with the facts and circumstances approached used under prior law..
What is the break-even sales volume (in dollars) on product no. 766? Which of the two products will be more profitable at a sales level of 20,000 units?
Kohler Corporation reports the following components of stockholders equity on December 31, 2013: Common stock $ 10 par value, 100,000 shares authorized,
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