User Account

All Pages

What is the budgeted operating income if anticipated sales

Assignment Help Financial Accounting
Reference no: EM13876942

The Ace Company sells a single product, at a budgeted selling price per unit of $20. Budgeted fixed manufacturing costs for the coming period are $10,000, while budgeted fixed marketing expenses for the period are $24,000. Budgeted variable costs per unit include $2 of selling expenses (commis- sion) and $4 of manufacturing costs. What is the budgeted operating income if the anticipated sales volume for the period is (a) 10,000 units, and (b) 15,000 units?

Reference no: EM13876942

Questions Cloud

Determine the firm''s profit maximizing level of output : Consider a firm with production function Q = 2.2K 0.45 L0.4. Assume P, w, r and fixed cost FC are 200, 100, 150, and 200, respectively. Determine the firm's profit maximizing level of output, employment of resources, and total profit.
What was the total static budget operating-income variance : What was the total static budget (operating-income) variance for 2010? Was this total variance favorable (F) or unfavorable (U)?
Write equations of three isoquants associated : If the prices of labor and capital are $20 and $60 per unit, respectively, find the least-cost combination of labor and capital for 360, 480, and 600 units of output.
Essay in which you are imagining yourself in role of client : In this assignment, you will be writing a brief essay in which you are imagining yourself in the role of client. Pretend that you have gone to visit a human services agency of your choice for the purpose of seeking assistance
What is the budgeted operating income if anticipated sales : What is the budgeted operating income if the anticipated sales volume for the period is (a) 10,000 units, and (b) 15,000 units?
Define the terms total customer response time : Define the following terms: total customer response time; manufacturing (production) cycle time; cycle-time efficiency; value-added time; and non-value-added time.
How does the chinp get the peanut out of the tube : How does the chinp get the peanut out of the tube? Why is this important for the researchers? What is one example of grief among chimps that is highlighted in the film? In a few sentences, describe chimpanzee abilities to cooperate with one another
Dfi of real sequences with odd harmonics : DFI of real sequences with odd harmonics only Let x(n) be an N-point real sequence with N-point DFT X(k) (N even). In addition, x(n) satisfied the following symmetry property:
What effect adoption of jit have on design of control system : List two primary financial benefits associated with a shift to JIT manufacturing. What effect does the adoption of JIT have on the design of management accounting and control systems?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Find the tax rate of assessed valuation

Vonte Canyon, Arizona (a fictitious city) has a new budget of $89,895,000 to pay for police, fire, schools, and government, among other expenses. The total assessed valuation (based on 60% of market value) in the city is $7,899,023,000. Find the tax ..

  About long-term investments

Which statement about long-term investments is not true?

  Low-volume product under activity-based costing

Describe why overhead cost shifted from the high-volume product to the low-volume product under activity-based costing.

  Show the journal entry to record payment of the dividend

Give the journal entry to record the dividend declaration on December 1, 2009. C. Show the journal entry to record payment of the dividend on January 15, 2010.

  Predicted or implied exchange rate

If the price of the Big Mac is $2.50 in the U.S. and 500 foreign units (F) in the foreign nations, then the predicted or implied exchange rate is:

  What basis will (parent) wren corporation have in market

Cardinal also had a general business credit carryover of 25k. Parent Wren Corporation acquired all the stock of Cardinal seven years ago for 390k. What basis will (parent) Wren Corporation have in the marketable securities and unimproved land it ..

  Prepare a comprehensive income statement

Prepare a Comprehensive Income Statement as well in addition to the required.

  Scenarios result in recognized gain or loss

Does each of the following scenarios result in a recognized gain or loss, and how much is the gain or loss? Adam sells his personal residence (adjusted basis of $150,000) for $100,000. There is a realized Select loss gain Correct 1 of Item 2 of $ tha..

  Calculation of material price and quantity variancesdiekow

calculation of material price and quantity variances.diekow productions manufacturing and sold 1000 production at 11000

  Derivative instruments include

Derivative instruments include

  What is effect on earnings in the year after the shares

The common shares have a market price of $6 per share on the grant date. Ignoring taxes, what is effect on earnings in the year after the shares are granted to exec's?

  Determining market risk premium

What is the market risk premium if the risk free rate is 5% and the expected market return is given as follows

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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