3 years ago

Prepare various types of budgets

Business

1 answer:

chubhunter [2.5K]3 years ago

6 0

I’m happy to answer this question if you can give me more detail.

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Wright maintains an ending inventory for each month in the amount of one and one-half times the expected sales in the following

Harlamova29_29 [7]

<u>Explanation:</u>

In the above problem the cash payments of wright corporation is given. From which the production schedule and summary of payments for the month of March, April and May are calculated.

The inventory of the given month is taken as 1.5 times the projected sales for the next month. Material cost and labor cost is given per unit cost on the projected sale for last month.

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3 years ago

________ provide(s) a methodology and tools for dealing with the organization's ongoing need to revise and optimize its numerous

Mariulka [41]

The answer : Business process management

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2 years ago

Randy would like to set up a budget for a vacation he is taking next year. Which money management tool should Randy use?

kvasek [131]

<span>A spreadsheet would be a good choice for setting up a budget (choice B). This would allow Randy the ability to enter in expenses and savings, as well as set up charts and graphs that show what projections will be for current and future savings.</span>

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3 years ago

Read 2 more answers

Vaughn Manufacturing has fixed costs of $30000 per year. Its warehouse sells wine with variable costs of 90% of its unit selling

oksian1 [2.3K]

Answer:

$300,000

Explanation:

Calculation for How much in sales does Vaughn need to break even per year

Using this formula

Sales needed to break even=Fixed cost/(1-Unit selling price Variable costs)

Let plug in the formula

Sales needed to break even=$30,000 / (1 -.9)

Sales needed to break even=$30,000 / (0.1)

Sales needed to break even=$300,000

Therefore How much in sales does Vaughn need to break even per year will be $300,000

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3 years ago

Midwest Fabricators Inc. is considering an investment in equipment that will replace direct labor. The equipment has a cost of $

Ne4ueva [31]

Answer:

Average rate of return = 14 %

Explanation:

Average rate of return = Annual average return/ Average Investment

Average investment =( Initial investment + scrap value)/2

Average investment = 138,000 + 12,000/2 =75,000

Average annual return = Savings in cost - energy cost - depreciation

Depreciation = (initial cost - scrap value)/2= (138,000 - 12,000)/2= 12600

Average annual return = 29,780-6,680-12600= 10500

Average rate of return = 10,500/75,000 × 100= 14 %

Average rate of return = 14 %

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3 years ago