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3 years ago

Deleon Inc. is preparing its annual budgets for the year ending December 31, 2017.

Business

1 answer:

lyudmila [28]3 years ago

5 0

Answer:

Product JB50= $8,874,800

Product JB60= $5,448,600

Total sales revenue= $14,323,400

Explanation:

Giving the following information:

Product JB 50 Product JB 60

Anticipated volume in units 403,400 201,800

Unit selling price $22 $27

<u>A sales budget reflects the revenues of the company based on the estimated sales volume. It includes sales discounts and allowances.</u>

<u>Sales budget:</u>

Product JB50= 403,400*22= $8,874,800

Product JB60= 201,800*27= $5,448,600

Total sales revenue= $14,323,400

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Ultimo Co. operates three production departments as profit centers. The following information is available for its most recent y

olya-2409 [2.1K]

Answer:

b) 25.0%

Explanation:

Calculation to determine what Department 1's contribution to overhead as a percent of sales is

First step is to calculate the Contribution to overhead

Using this formula

Contribution to overhead=Sales - Cost of goods sold - Direct expenses

Let plug in the formula

Contribution to overhead=1,080,000 - $708,000 - 102,000

Contribution to overhead= $270,000

Now let calculate the Contribution to overhead as a percent of sales using this formula

Contribution to overhead as a percent of sales=Contribution to overhead/Sales

Let plug in the formula

Contribution to overhead as a percent of sales=$270,000/$1,080,000

Contribution to overhead as a percent of sales= 25%

Therefore Department 1's contribution to overhead as a percent of sales is 25%

7 0

3 years ago

Robinson Company had a net deferred tax liability of $34,000 at the beginning of the year, representing a net taxable temporary

forsale [732]

Answer:

deferred income tax benefit during 2018: 6,700

deferred income tax liability ending balance 27,400

Explanation:

beginning deferred tax laibility 34,000

this will change to 21,000 for the tax rate change

(100,000 x 21% = 21,000)

thus there is a decrease of 13,000 in the tax liablity

Then:

book income 400,000

temporary differenc(net): (30,000)

Taxable income 370,000

30,000 x 21% = 6,300 additional deferred tax expense

13,000 benefit - 6,300 deferred tax expense = 6.700 benefit

5 0

3 years ago

The _____ organizes data by recording all the values observed in a sample as well as how many times each value was observed.

lisabon 2012 [21]

The distribution organizes data by recording all the values observed in a sample as well as how many times each value was observed.

Data distribution is a function that provides all possible values of a variable and also quantifies their relative frequencies (probabilities of how often they occur). Distributions are considered for all populations in which the data are spread out. Another example is a pie chart showing the percentages of different substances that make up the complete object.

We divided the distributions into two categories, depending on the type of organizes data you are using. Discrete distributions for discrete data (finite results) and continuous distributions for continuous data (infinite results).

Learn more about organizes data at

brainly.com/question/7622579

#SPJ4

5 0

2 years ago

Case Scenario:

Lady_Fox [76]

Explanation:

When the procedure is so standardized and outdated, now is the time for the HR-specalist to rethink the process seriously

The present problem is clear that the procedure and the workforce are monotonous alike.
In order to ensure that employees do not become homogenized, the organization must actively look out and hire from various backgrounds.
Diversify the quest by reaching you where you are. Using professional associations for a number of applicants. Take part in networking groups, student associations and other networks now serving as a platform in the publications and engage in conventions or networking events with different candidates.
Ask you to put out the names on the CVs to your recruitment service. Even the name will affect the best management efforts to ensure diversity.
Start with the diversity the company is already seeking. Request endorsements from your manager. Different workers are linked to a number of job applicants. Have them involved.-Get everyone involved. Tell you to share your social media posts.
The best policy is honesty. Answer me if you want a wider range of job candidates! This is the fastest and easiest way to speak. Just to say it takes the candidates ' guesswork. You know instantly that you respect various cultures, ages, races, etc.

A dynamic, inclusive business would definitely have a competitive advantage. A diverse group has various ideas, because no monotony offers it a snapshot of other people

7 0

4 years ago

Cash Payback Period, Net Present Value Method, and Analysis

Digiron [165]

Answer:

Plant Expansion

Cash payback period = 2 years

NPV = $304,707.24

Retail Store Expansion

Cash payback period = 2 years

NPV = $309,744.42

Explanation:

Cash payback period measures how long it takes for the amount invested in a project to be recovered from the cumulative cash flows.

Cash payback for the Plant Expansion

Amount invested = $-900,000

Amount recovered in the first year = $-900,000 + $450,000 = $-450,000

Amount recovered in the second year = $-450,000 + $450,000 = 0

The amount invested in the project is recovered In the second year. So, the cash payback period is 2 years.

Cash payback for the Retail Store Expansion

Amount invested = $-900,000

Amount recovered in the first year = $-900,000 + $500,000 = $-400,000

Amount recovered in the second year = $-400,000 + $400,000 = 0

The amount invested in the project is recovered In the second year. So, the cash payback period is 2 years.

The net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator:

Plant Expansion

Cash flow in year 0 = $-900,000

Cash flow in year 1 = $450,000

Cash flow in year 2 = $450,000

Cash flow in year 3 = $340,000

Cash flow in year 4 = $280,000

Cash flow in year 5 = $180,000

I = 15%

NPV = $304,707.24

Retail Store Expansion

Cash flow in year 0 = $-900,000

Cash flow in year 1 = $500,000

Cash flow in year 2 = $400,000

Cash flow in year 3 = $350,000

Cash flow in year 4 = $250,000

Cash flow in year 5 = $200,000

I = 15%

NPV = $309,744.42

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

8 0

4 years ago