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Create production budget for second quarter; in your budget, illlustrate number of units to be produced each month and for quarter in total.
Create schedule of expected cash collections from sales, by month and in total, for second quarter.
Give reason that overall break-even point for company by creating contribution format income statement illustrating suitable levels of sales for two products.
Compute net operating income for month under absorption costing?
Calculate company degree of operating leverage.
Calculate company margin of safety as percentage of its sales.
Using contribution margin approach, solve for dollar sales that are needed to earn target profit of $15,000.
Solve for company's break-even point in unit sales by using contribution margin method.
Marketing manager argues that $5,000 increase in monthly advertising budget would increase monthly sales by $9,000. Must the advertising budget be increased?
Determine the company's contribution margin (CM) ratio?
Create a new contribution format income statement under each of the given conditions (consider each case independently).
Calculate variable overhead spending and efficiency variances. What relation you see between this efficiency variance and labor efficiency variances.
In past, 10 persons employed in production of Fruta consisted of 4 senior workers and 6 assistants. In June, company experimented with 5 senior workers and 5 assistants. Would you suggest that new
For direct materials utilized in production of Fruta: Calculate rate and efficiency variances.
Materials were bought from new suppplier who is anxious to enter into long-term purchase contract. Would you suggest that company sign contract? Describe.
For direct materials utilized in production of Fruta: Calculate price and quantity variances.
If company requires a minimum cash balance of $20,000 to start each month, can loan be repaid as planned? Explain.
Create a cash budget, by month and in total, for three-month period.
Create schedule of exposed cash collections for April, May, and June for three months in total.
Create direct materials budget illustrating quantity of material A135 to be bought for July, August, and September and for quarter in total.
Study production budget which you prepared. why will company manufactures more units than it sells in July and August and less units than it sells in September and October?
Create production budget for Playclay for months July, August, September, and October.
Do you believe this condition is more probable or less probable to happen in larger v. smaller companies? What role might decentralization play?
After entertaining Austin's arguments, Denny claims that he was learnt in managerial accounting that direct labor (DL) and electricity are always variable costs.
Austin claims he can break even at 2,134 shooters and at projected level of 2,500 shooters make decent profit. Which break even point and income/loss computaion is right?