User Account

All Pages

What the budgeted peso sales for edil producers inc is

Assignment Help Financial Accounting
Reference no: EM132899829

Problem 1: Edil Producers, Inc. will start its commercial operations in January 1, 2019. The sales forecast per the sales manager's estimates for its first year of operations is 50,000 units. However, the production manager estimated that only 80% of the sales forecast can be produced with the available workforce and equipment. The product will be sold for P20 per unit. The budgeted peso sales for Edil Producers Inc.'s initial year of operations is

Option 1: P1,000,000
Option 2: P40,000
Option 3: P800,000
Option 4: P50,000

Reference no: EM132899829

Questions Cloud

What would be the net benefit to the company : The annual interest rate on money market securities is 6%. If Sexy Inc. makes use of the lockbox system, what would be the net benefit to the company?
What the firm net float is : What the firm's net float is? Jumpdisk Co. writes checks averaging P15,000 a day, and it takes five days for these checks to clear.
How many boxes does connor expect to purchase in january : On January 1, Connor had 24,000 boxes and 100,000 yards of wire in inventory. How many boxes does Connor expect to purchase in January?
What is the direct labor cost budgeted for november : What is the direct labor cost budgeted for November? Variable overhead is applied at the rate of P5 per direct labor hour. Fixed overhead is budgeted at P56,500
What the budgeted peso sales for edil producers inc is : What the budgeted peso sales for Edil Producers Inc.'s initial year of operations is? Edil Producers, Inc. will start its commercial operations in January.
What budgeted sales in units for the next month is : The expected beginning inventory is 12,000 units and the desired inventory at the end of next month is 15,000 units. Budgeted sales in units for the next month
Achieve purchasing power parity : It is difficult to achieve purchasing power parity due to a number of external factors such as location, transportation, regulations, etc.
Make the entry or entries incidental to retirement of hector : Make the entry or entries incidental to the retirement of Hector under each of the asset revaluation of the partnership is recorded.
Explain overall approach to evaluating the capital purchase : Explain your overall approach to evaluating the capital purchase. What criteria are most important? What questions do you need answered?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Record any discrepancy in the cash short and over account

Record any discrepancy in the cash short and over account. If an amount box does not require an entry, leave it blank. Journalize the entries to record March

  Allowance for doubtful accounts

At the end of 2017, Carpenter Co. has accounts receivable of $745,400 and an allowance for doubtful accounts of $61,900. On January 24, 2018, the company learns that its receivable from Megan Gray is not collectible, and management authorizes a write..

  Determine the company liabilities in US Dollars

On August 1, the company purchased cheese costing 100,000 Euro. Determine the company's liabilities in US Dollars prior to payment

  Performance measurement-the balanced scorecard

Performance measurement. The Balanced Scorecard. Measuring the Financial Performance of Cost, Revenue, and Profit Centers

  What is the flexible budget formula for factory overhead

What is the flexible budget formula for factory overhead? Provide examples of how HR managers might make use of variance analysis.

  The contribution margin ratio

The contribution margin ratio is 25% for Grain Company and the break-even point in sales is $196,800. To obtain a target net operating income of $78,000, sales would have to be: (Do not round intermediate calculations.)

  Make the necessary general journal entries to revalue

Make the necessary general journal entries, if any, to revalue the building and the equipment as at December 31, 2016, using the asset adjustment method.

  What are the expected ROA net of debt funding costs

What are the expected ROA net of debt funding costs and the expected ROE of the bank, using the approach to defining leverage taken in the lecture slides?

  Does it apply to non-profit making organizations

What is competitive advantage all about? Does it apply to non-profit making organizations? Why or why not? Give real life example(s) to support your discussion. ‘Different organizational structure and culture should be designed in order to facilitate..

  Complete a corporate income statement for year ended june

DeWitt Engineering Ltd., Complete a corporate income statement for the year ended June 30, 2021. The company has a 30% income tax rate.

  The marginal rate of substitution between land and labor

Assume the marginal rate of substitution between land and labor is 2 in producing apples and 1 in producing oranges. This means that if we reduce labor by one in oranges, we need one more unit of land. If we reduce labor by one in apples, we need two..

  Which of accompanying assertion about sensitivities is valid

Which of the accompanying assertions about sensitivities is valid? When span is estimated as the affectability to a 1 bp change in financing costs

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