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Ilya [14]
3 years ago
15

The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and

Administrative Expense Budget for next year. The following budget data are available: Monthly Fixed Cost Variable Cost Per Deb Sold Sales commissions $ 0.96 Shipping $ 1.46 Advertising $ 50,600 $ 0.26 Executive salaries $ 60,600 Depreciation on office equipment $ 20,600 Other $ 40,600 All of these expenses (except depreciation) are paid in cash in the month they are incurred. If the company has budgeted to sell 15,600 Debs in February, then the total budgeted fixed selling and administrative expenses for February is:
Business
1 answer:
zubka84 [21]3 years ago
7 0

Answer:

Total= $159,552

Explanation:

Giving the following information:

The company has budgeted to sell 15,600 Debs in February.

Sales commissions $ 0.96*15,600= 14,976

Shipping $ 1.46 *15,600= 22,776

Executive salaries $ 60,600

Depreciation on office equipment $ 20,600

Other $ 40,600

Total= $159,552

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XYZ produces a single product and has provided the following data for its most recent month of operations:
Blababa [14]

Answer: $197

Explanation:

With absorption costing, the fixed manufacturing costs are absorbed by the products which means that the product cost will include fixed costs related to manufacturing.

The absorption costing unit product cost is therefore:

= Direct materials + Direct Labor + Variable manufacturing overhead + Fixed manufacturing Overhead per unit

Fixed manufacturing overhead per unit is:

= 224,000 / 6,400 units

= $35 per unit

Absorption cost unit product cost = 72 + 80 + 10 + 35

= $197

8 0
3 years ago
Duffert Industries has total assets of $1,080,000 and total current liabilities (consisting only of accounts payable and accrual
iris [78.8K]

Answer:

ROIC is 9.26%

ROE is 12.63%

Explanation:

According to the given data we have the following:

Total assets = $1,080,000

Total liabilities = Current liabilities + Debt + Common equity = $1,080,000

D/(D + E) = 0.40

D / ($1,080,000 - 100,000) = 0.40

D = $392,000

Common equity = Total liabilities - Current liabilities - Debt = $1,080,000 - 100,000 - 392,000= $588,000

BEP = 0.15 = EBIT/TA

= EBIT/$1,080,000

Therefore, EBIT = $162,000

In order to calculate the ROIC we would have to make the following calculation:

ROIC = [EBIT(1 – T)]/(D + E) = [$151,200(0.6)]/($392,000 + $588,000) = 9.26%

ROIC is 9.26%

To calculate the ROE we would have to calculate first net income from income statement as follows:

EBIT=$151,200

Less: Interest ($392,000 x 7%) 27,440

EBT= 123,760

Less: Tax 40% 49,504

Net Income= 74,256

Therefore, ROE = NI/E = $74,256/$588,000 = 12.63%

ROE is 12.63%

6 0
3 years ago
Advertising revenues support the majority of the content we see in the media today. What professions and businesses does adverti
AveGali [126]

Answer: Mass communication, and Journalism are the professions that advertising supports.

Advertising helps all forms of businesses

Explanation: Advertisement involves sending out information about a product/services an organization provides to it's target market. Advertisement has several forms such as the use of radio broadcast, televised adverts, posters, billboards, social media adverts etc.

Advertising has created a career for individuals in the area of Mass communication and journalism.

8 0
3 years ago
Should a speaker minimize his or her use of nonverbal communication?
Katyanochek1 [597]

no they should not   100% correct

8 0
3 years ago
Read 2 more answers
Blue Lumber Company handles three principal lines of merchandise with these varying rates of gross profit on cost. Lumber 25% Mi
Alisiya [41]

The estimate of the inventory amounts before the fire is as follows:

Total Inventory  $232,845

Lumber     $159,200

Millwork     $54,270

Hardware   $19,375    

Data and Calculations:

                                       Lumber       Millwork     Hard & Fittings

Gross Markup (%)               25%             30%                 40%

Gross Margin (%)                  20%            23.1%              28.6%

              =                (25%/125%)        (30%/130%)       (40%/140%)

Inventory, Jan. 1         $265,900      $93,470         $45,600

Purchases                  1,544,900       375,100          160,300

Goods available       $1,810,800    $468,570       $205,900

Cost of goods sold    1,651,600       414,300           186,525

Ending inventory     $159,200      $54,270           $19,375      $232,845

<u>Estimating the Cost of Goods Sold:</u>

Sales to Aug. 18       2,064,500      538,590          261,240

Gross profit                  412,900       124,290             74,715

Cost of goods sold  1,651,600      414,300         186,525

Gross profit = Sales x Gross margin

Cost of goods sold = Sales - Gross profit or Sales x (1 - gross margin)

Learn more: brainly.com/question/16752466

6 0
3 years ago
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