What is the budgeted sales revenue

Assignment Help Accounting Basics
Reference no: EM132950209

Problem - Push It Corporation produces push-button switches used in the manufacture of electric fans. For the year 2019, the sales of electric fans have been forecasted at 800.000 units. Each unit of electric fans requires 4 pieces of push-button switches. Push It regularly supplies 60% of the push-button switches used in the production of new electric fans. In addition, a replacement parts market also exists. Over the past 5 years, the sales of the replacement push-button switches have increased per year by 20% of the preceding year's sales. In 2018, Push It sold 150,000 pieces of push-button switches for P10 per piece in both markets. What is the budgeted sales revenue based on the expected number of pieces of push-button switches to be sold in 2019?

Reference no: EM132950209

Questions Cloud

Prepare the owner equity statement : Jim's capital at the beginning of 2021 was $41,528. He made no investments during the year. Prepare the owner equity statement
How much is a company ordinary share capital : B Company acquired 15,000 treasury shares at a cost of P15 per share. How much is A Company's ordinary share capital at December 31, 2019
Determine the future value of this annuity due : Your friend Anne is planning to invest $700 each year for four years and will earn a rate of 6 percent per year. Determine the future value of this annuity due
What is the estimated cost of inventory shortage : A physical inventory taken at year-end resulted in an ending inventory costing P4,000,000. What is the estimated cost of inventory shortage
What is the budgeted sales revenue : In 2018, Push It sold 150,000 pieces of push-button switches for P10 per piece in both markets. What is the budgeted sales revenue
What are the equivalent units of production : If the FIFO method is used, what are the equivalent units of production for the period for conversion costs
What should the manufacturing overhead budget indicate : What should the manufacturing overhead budget indicate for cash disbursements for manufacturing overhead for the month of September
Find how much is the balance of brooklyn capital : Anthony, Brooklyn, and Cali are partners sharing profits in the ratio of 5:3:2, How much is the balance of Brooklyn's capital, after the admission of Damian?
Prepare the journal entries to record the bonds : Tamarisk Inc. issued $870,000 of 20-year, 10% bonds on January 1, 2020, at 102. Prepare the journal entries to record the bonds

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