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A chair manufacturer has established the subsequent flexible budget for the month. Units Produced and Sold 1,000 1,500 2,000 Sales $10,000 $15,000 $20,000 Variable Costs (5,000) (7,500) (10,000) Fixed Costs (2,000) (2,000) (2,000) Profit $ 3,000 $ 5,500 $ 8,000 Required: a. Find the sales price per chair? b. Evaluate the expected profit if 1,600 chairs are made 2. The Fancy Umbrella Company makes beach umbrellas. The production process needs 3 square meters of plastic sheeting and a metal pole. The plastic sheeting costs $0.50 per square meter and every metal pole costs $1.00. At the starting of the month, the company has 5,000 square meters of plastic and 1,000 poles in raw materials inventory. The preferred raw material amount at the end of the month is 3,000 square meters of plastic sheeting and 600 poles. The company has 300 finished umbrellas in inventory at the starting of the month and plans to have 200 finished umbrellas at the end of the month. Sales in the coming month are expected to be 5,000 umbrellas. a.) Find how many umbrellas must the company produce to meet demand and have sufficient ending inventory? b.) Evaluate what is the cost of materials that must be purchased?
Show a qualified opinion on the financial statements because of the client imposed scope limitation.
You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.
Pretend you are hired to debate the issue of the proper treatment of options written on a company's own stock. Evaluate your argument, citing concepts and definitions to buttress your case, suppose
How much profit or loss, if any, does Shawna realize on the transfer? Does Shawna recognize any profit or loss? If so, how much? What is Shawna's basis in her LLC interest?
Find a statement of cash flows using the indirect method for the Windsor Corp for the year 2008 - Show the Analysis of the Retained Earnings
Finch supplies remaining components and assemble the final product at a cost $340. Finch's marketing, packaging, and shipping expenses total $40 per unit. Each unit is sold for $2,800.
Find who are stakeholders in this situation and Explain what are Curtis's ethical obligations to the corporation? and to his friend ?
Looker Hats is planning to sell 600, and produce felt hats 700 during June. Each hat requires 1/2 yard of felt and 1/4 hour of direct labor. Felt costs $3.00 per yard and employees of the company are paid $20 per hour. Find How much direct labor s..
How much ending inventory of plastic should be reported on the company's balance sheet at September 30
A customer places 10 orders with a total direct cost of $3,000, orders 300 separate items, and makes 5 returns. Evaluate the customer be charged?
If value of a levered firm is $13,000,000, and value of corresponding unlevered firm is $12,000,000, find out the present value of financial distress costs, if the firm has $5,000,000 of debt outstanding and is in the 40 percent tax bracket.
Effect of exchange rate changes on cash and cash
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