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Arisa [49]
3 years ago
5

The method of developing budget estimates that requires managers to estimate sales, production, and other operating data as thou

gh operations are being started for the first time is __________ budgeting. a.flexible b.continuous c.zero-based d.master
Business
1 answer:
postnew [5]3 years ago
7 0

Answer:

c

Explanation:

Zero-based budgeting is a method of budgeting in where expenses must be justified for each new period. It requires managers to estimate sales, production, and other operating data as though operations are being started for the first time

The master budget is the sum of all budget made by lower levels in the organisation.

Continuous budgeting is the process of expanding the budget by adding one more month as each month goes by.

A flexible budget is a budget that changes to the activity  levels of a the organisation

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Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs:
kicyunya [14]

Answer:

Total Manufacturing Costs is $95,680

Explanation:

                        Wyckam Manufacturing Inc.

              Planning Budget for Manufacturing costs

                       For the month Ended June 30

Direct Materials      (4,200 hours *$5.40)                    $22,680

Direct Labor                  Fixed                                        $42,400

Supplies                  (4,200 hours * $0.25 )                   $1,050

Utilities                   ($1,700+ 4,200 Hours * $0.25)      $2,750

Depreciation                  Fixed                                        $15,200

Insurance                       Fixed                                        $11,600

Total Manufacturing Costs                                         $95,680

7 0
3 years ago
LUVFINANCE, Inc. is estimating its WACC. The firm could sell, at par, $100 preferred stock that pays a 10 percent annual dividen
ioda

Answer:

the cost of new preferred stock financing is 10.66%

Explanation:

The computation of the cost of new preferred stock financing is given below:

= Annual dividend ÷ [ Price × (1 - flotation cost) ]

= $10 ÷ [ $100 × (1 - 0.0622) ]

= $10 ÷ $ 93.78

= 10.66%

Hence, the cost of new preferred stock financing is 10.66%

The same is to be considered and relevant

4 0
3 years ago
On January 1, Sharp Company purchased $50,000 of Sox Company 6% bonds, at a time when the market rate was 5%. The bonds mature o
lana [24]

The journal entries to record the transactions for Sharp Company are as follows:

a) January 1, 2020:

Debit Bonds Receivable $50,000

Debit Bonds Premium $2,165

Credit Cash $52,165

  • To record the purchase of the debt investment.

b) December 31, 2020:

Debit Cash $3,000

Credit Interest Revenue $2,608

Credit Bonds Premium Amortization $392

  • To record the receipt of interest.

c) December 31, 2020:

Debit Fair Value Loss $1,000

Credit Bonds Receivable $1,000

  • To adjust the investment to fair value.

<h3>What is a bond's premium?</h3>

The bonds premium, in this case, refers to the excess cash that Sharp Company paid for the purchase of the bonds when the effective market rate is 5% with a coupon rate of 6%.

The implication is that Sharp Company paid more for the bonds than the market value.

<h3>Data and Calculations:</h3>

Purchase of Sox Bonds = $50,000

PV = $52,165

Premium on bonds = $2,165

Interest rate = 6%

Market rate = 5%

Maturity period = 5 years

Interest payment = annually on December 31

<h3>Transaction Analysis:</h3>

a) January 1, 2020: Bonds Receivable $50,000  Bonds Premium $2,165 Cash $52,165

b) December 31, 2020: Cash $3,000 Interest Revenue $2,608 Bonds Premium Amortization $392

c) December 31, 2020: Fair Value Adjustment $1,000 Bonds Receivable $1,000

Learn more about the amortization of bonds premium at brainly.com/question/25652725

4 0
2 years ago
Nozzle is a specially designed product that retro fits into your existing water faucet and atomizes the water stream in a spray
mario62 [17]

Answer: The correct answer is "D. a discontinuous innovation.".

Explanation: This product would be categorized as a discontinuous innovation because a new product is launched, totally different from the previous one, leading to a significant change in consumption habits.

4 0
3 years ago
Someone please help me
kati45 [8]

already answered this question for you

7 0
4 years ago
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