Prepare a sales budget with columns

Assignment Help Accounting Basics
Reference no: EM13144320

Fling Company has budgeted the following unit sales for 4 months in 2006:

April 21,000

May 24,000

June 31,000

July 30,000

Of the units budgeted, 40% are sold in the Western Region at an average price of $75 per unit, and the remainder are sold by the Eastern Region at an average price of $80 per unit.

Instructions

Prepare a sales budget with columns for each region and for the company in total for the month of June.

Reference no: EM13144320

Questions Cloud

What was the firms budgeted payables balance : If purchases for April, May, and June were $200,000, $160,000, and $250,000, respectively, what was the firm's budgeted payables balance on June 30?
Prepare the journal entries necessary to restore : The company collects $5,000 subsequently on a specific account that had previously been determined to be uncollectible in the question above. Prepare the journal entry(ies) necessary to restore the account and record the cash collection
Change anything in your own : How might this same theory of motivation help you to understand your own school and work related behavior?  Will you change anything in your own life as a result of what you have studied in this scenario?
What are the tax law requirements for structuring : What are the tax law requirements for structuring the business as a partnership or an S corporation? Which would you recommend and why?
Prepare a sales budget with columns : Prepare a sales budget with columns for each region and for the company in total for the month of June.
Analyzing of bad debts and determination : Over the past several years, Jacobian has seen that year-end allowance account has a debit balance before adjustment. The company wants an in-depth analyzes of bad debts and a determination as to which method to use. You have been hired to perform..
Would you recommend this business be formed as a partnership : Bob and Dave plan to start a business. Bob will contribute land and Dave will contribute services. Would you recommend this business be formed as a partnership or as an S corporation? Why?
What is the mean value of market capitalization : what is the mean value of market capitalization? Assume that market capitalization has a normal distribution.
Compare and contrast what leverage means : The term "leverage" is used in both finance and accounting. Compare and contrast what leverage means in managerial accounting (operating leverage) vs. what it means in the finance world (financial leverage). How are the concepts different? How are..

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd