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sweet-ann [11.9K]
3 years ago
7

Scora, Inc., is preparing its master budget for the quarter ending March 31. It sells a single product for $50 per unit. Budgete

d sales for the next three months follow.
January February March
Sales in units 1,200 2,000 1,600

Prepare a sales budget for the months of January, February and March.
Business
1 answer:
valentina_108 [34]3 years ago
5 0

Answer:

As per Sales Budget the budgeted sales for the quarter four are $240,000. Below is the Sales budget.

Explanation:

Scora, Inc.    

Sales Budget    

Month Budgeted Unit Sales Budegted Unit Price Budgeted Total Sales

                                  (A)                             (B)               (A*B)

January                          1200                   $50            $60,000

February                         2000                   $50            $100,000

March                         1600                   $50            $80,000

Total for the quarter 4800                   $50            $240,000

Hence, it is concluded that the budgeted sales for the January, February, March are $240,000.

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Marvel Company uses a predetermined overhead rate in applying overhead to production orders on a labor-cost basis in Department
Alona [7]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Marvel Company uses a predetermined overhead rate in applying overhead to production orders on a labor-cost basis in Department A and on a machine-hours basis in Department B.

Dept. A

Factory overhead $ 71,250

Direct labor-hours 8,100

Dept. B

Factory overhead $46,055

Machine-hours 15,100

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base=

Dept A:

Estimated manufacturing overhead rate= 71250/8100= $8.80 per direct labor hour

Dept B:

Estimated manufacturing overhead rate= 46055/15100= $3.05 per direct machine hour

8 0
4 years ago
Maxwell has $10,000 in the bank, a $250,000 home, and investments worth $8,000. He also has $8,000 worth of credit card debt and
11111nata11111 [884]
Assets Liabilities
10,000 8,000
250,000 175,000
8,000
Total Total
268,000 183,000

Fundamental Accounting Equation
Assets - liabilities= Equity

268,000-183,000=
85,000 is net worth

Hope this helps :)
( I'm doing accounting too)
6 0
3 years ago
Read 2 more answers
$1,000 par value zero-coupon bonds (ignore liquidity premiums)
zavuch27 [327]

Answer:

the expected yield to maturity for bond C in 1 year :

1.0799³ = 1.06 x (1 + r)²

1.188 = (1 + r)²

√1.188 = √(1 + r)²

1.08999 = 1 + r

r = 0.08999 = 9%

the yield to maturity of zero-coupon bonds = (future value / present value)¹/ⁿ - 1

0.09 + 1 = ($1,000 / value in 1 year)¹/²

1.09 = ($1,000 / value in 1 year)¹/²

1.09² = $1,000 / value in 1 year

value in 1 year = $1,000 / 1.09² = $1,000 / 1.1881 = $841.68 ≈ $842

5 0
3 years ago
What type of business sells to the end consumer
Shtirlitz [24]

Answer:

business-to- consumer (B2C)

Explanation:

Commerce is a business model which typically involves the buying and selling of goods or products at a given price.

Generally, commerce comprises of four (4) business models and these are;

1. Business to Business (B2B).

2. Consumer to Consumer (C2C).

3. Business to Government (B2G).

4. Business to Consumer (B2C).

A Business to Consumer (B2C) can be defined as a market which typically involves businesses selling their goods and services directly to the end consumers for their personal use.

Hence, the type of business that sells to the end consumer is known as business-to- consumer (B2C).

Some examples of companies that engage in the Business to Consumer (B2C) business model are; Amazon, Goo-gle, Walmart, Alibaba, Uber, LinkedIn, etc.

4 0
3 years ago
Janet decides to sow grass in a rectangular plot of her garden that has a length of 30 ft and height of 25 ft. It costs her $9.5
Serga [27]

Answer:

No

Explanation:

If Janet Decides to make height and base half, then the area is multiplied by 1/4.

New height according to Janet = 25 ft / 2 = 12.5 ft

New Length of garden = 30 ft / 2 = 15 ft

Area of garden = Length x height

= 15 x 12.5

= 187.5  

Total amount spend on this land = Area of garden x Cost

= 187.5 x $9.50

= $1781.25

Therefore, she will have to pay $1781.25

6 0
4 years ago
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