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a) For the year 2016, P marketing managers project quarterly sales of 100,000 product A and 50,000 per quarter of product B. Average selling prices are estimated at $8.00 per product A and $6.00 per product B. Sales are collected 60% in the quarter of sale and 40% the quarter after sale. Prepare a revenue budget for the year ending December 31, 2016.
b) P begins 2016 with 80,000 of A in inventory. The vice president of operations requests that ending inventory on December 31, 2016 of product A be no less than 60,000 units. Based on sales projections as budgeted above, prepare a production budget for product A in 2016?
c) If each produced unit of A requires 3 pounds of material and we have 30,000 pounds at the beginning of the year and desire an ending inventory of 40,000 pounds, how many pounds need to be purchased?
In 2015, Winnebago Industries recorded an impairment loss of $258,000 on its corporate plane. What was the plane's fair value at the end of 2015
write a two-page action plan discussing how you would obtain an understanding of key business processes of a company
shepler boot company makes specialty boots for the rodeo circuit. on december 31 2010 the company had a 500 pairs of
CAR car dealership is offering free credit on a new $10,000 car. You pay $1,000 down and then $300 a month for 30 months. Another dealership does not offer free credit but will give you $1,000 off the list price. If the rate of interest is 10% ..
Recognizing cash flows for capital investment projects. Johnny Buster owns Entertainment World, a place that combines fast food, innovative beverages.
Assume that the LIBOR rate on December 31, 2011, is 7 percent. Why is this considered a fair-value hedge instead of a cash-flow hedge
Thoroughly discuss background screening and its implications for management. Discuss testing in the context of selecting employees.
Francis Corporation purchased an asset at a cost of $50,000 on March 1, 2014.The asset has a useful life of 8 years and a salvage value of $4,000. For tax purposes, the MACRS class life is 5 years. Compute tax depreciation for each year 2014-2019
The bookkeeper for Wooster Company asks you to prepare the following accrued adjusting entries at December 31. Interest on notes payable of $400 is accrued.
Capital balances as of the end of the current year:
During the Great Depression of the 1930s, nominal interest rates were close to zero.- Explain how real interest rates could be very high even though nominal interest rates were very low.
matthew gabon the sales manager of office furniture solutions prepared the following budget for 2008sales
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