What is the name of the process for developing new businesses as an outgrowth of a company's established business operations?

Becker Bikes manufactures tricycles. The company expects to sell 520 units in May and 650 units in June. Beginning and ending fi

Kitty [74]

Answer:

The budgeted variable overhead for May is $5,335

The budgeted variable overhead for June is $7,260

The budgeted fixed overhead for both May and June is $11,500 per month

Explanation:

First we have to determine how many tricycles does Becker Bikes expects to manufacture during May and June:

May:

beginning inventory May 180

expected sales May 520

ending inventory May 145

Becker is planning to manufacture 485 tricycles (= 520 + 145 -180)

June:

beginning inventory May 145

expected sales May 650

ending inventory May 155

Becker is planning to manufacture 660 tricycles (= 650 + 155 -145)

The budgeted variable overhead for May = 485 tricycles x $11 per tricycle = $5,335

The budgeted variable overhead for June = 660 tricycles x $11 per tricycle = $7,260

The fixed overhead for both May and June is $11,500 per month

8 0

3 years ago

aagen Inc. is a merchandising company. Last month the company's cost of goods sold was $92,000. The company's beginning merchand

Paladinen [302]

Answer:

the company purchase is $94,000

Explanation:

The computation of the total amount of the company merchanise purchase for the month is shown below:

Cost of goods sold = Beginning merchandise inventory + Purchases − Ending merchandise inventory

$92,000 = $14,000 + Purchase - $16,000

So, the purchase is

= $92,000 + $16,000 - $14,000

= $94,000

Hence, the company purchase is $94,000

4 0

2 years ago

O gün hava ne kadar soğuktu

Mekhanik [1.2K]

in ce clasa ești tu?????

6 0

2 years ago

Sanchez Company has 48,000 shares of 7% preferred stock of $100 par and 92,000 shares of $50 par common stock issued and outstan

galina1969 [7]

Answer:

Check Explanation.

Explanation:

The following parameters are given for dividends of three years;

Year 1 = $497,000, Year 2 = $490,000 Year 3 = $524,000.

The number of shares= 48,000 of 7%, preferred stock = $100 par and 92,000 shares of $50 par common stock issued and outstanding.

Therefore,

Year one:

=> Amount Distributed = $497,000.

=> Preferred dividend = 48,000 × 7% × $100 = 336,000.

=> Common dividend = 497,000 - 336,000 = 161,000.

=> Preferred divided per share = 336,000/ 48,000 = $ 7.

=> Common dividend = Common dividend/ 92,000 shares = 161,000/ 92,000 shares =$ 1.75.

Year Two:

=> Amount Distributed = $490,000.

=> Preferred dividend = 48,000 × 7% × $100 = 336,000.

=> Common dividend = 490,000 - 336,000 = 113,000.

=> Preferred divided per share = 336,000/ 48,000 = $ 7.

=> Common dividend = Common dividend/ 92,000 shares = 113,000/ 92,000 shares =$1.23.

Year Three:

=> Amount Distributed = $524,000.

=> Preferred dividend = 48,000 × 7% × $100 = 336,000.

=> Common dividend = $524,000 - 336,000 = 188,000.

=> Preferred divided per share = 336,000/ 48,000 = $7.

=> Common dividend = Common dividend/ 92,000 shares = 188,000/ 92,000 shares =$2.04

6 0

3 years ago

Jake’s Battery Company has two service departments, Maintenance and Personnel. Maintenance Department costs of $160,000 are allo

Inga [223]

Answer:

D. $96,000

Explanation:

We will allocate the cost on maintenance by first stablishing a rate per maintenence hour:

As this is direct method we aren''t doing an allocation to other service department we directly allocate against production department A and B

total hours: 480 + 320 = 800

160,000 total cost /800 hours = 200 per hour

Department B hours: 480

allocate to department B: 480 x 200 = 96,000

5 0

3 years ago