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ankoles [38]
3 years ago
10

Wala Inc. bases its selling and administrative expense budget on the number of units sold. The variable selling and administrati

ve expense is $3.90 per unit. The budgeted fixed selling and administrative expense is $30,340 per month, which includes depreciation of $3,610. The remainder of the fixed selling and administrative expense represents current cash flows. The sales budget shows 2,900 units are planned to be sold in July. Required: Prepare the selling and administr
Business
1 answer:
Nookie1986 [14]3 years ago
3 0

Explanation:

The preparation of the selling and administrative expenses budget for the month of July is presented below:

                          Selling and administrative expenses Budget

                                            For the month of July

Budgeted Sales unit                                        2,900 units  (A)

Variable selling and administrative expenses per unit $3.90  (B)

Budgeted variable expenses                                      $11,310  (C) = A × B

Budgeted fixed selling and administrative expense  $30,340

Total budgeted selling and administrative expenses $41,650

Less: depreciation                                                         - $3,610

Cash disbursement for selling and administrative expenses  $38,040

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The graphs show the market for bags of potato chips, which is currently at an equilibrium price of $ 1.33 per bag and an equilib
Neporo4naja [7]

This question is incomplete.

The complete question, answer & explanation for this question is given in the attachment below.

4 0
3 years ago
A. Suppose the wages of computer-factory workers rises. This will cause (the supply / the demand) of tablet computers to (shift
Mars2501 [29]

Answer:

Supply, shift in , rise fall

the demand, shift in, fall ,fall

supply , shift out fall, rise

the demand , shift out rise rise

the demand shift in fall fall

Explanation:

If the wages of factory worker increases, it becomes more expensive to hire workers, the cost of production increases and the demand for labour would fall. as a result, production would fall and the supply of tablets would fall. a decrease in supply leads to an inward shift of the supply curve. as a result of the fall in supply, quantity would fall and there would be a rise in price.

Substitute goods are goods that can be used in place of another good. If the price of notebooks falls, it becomes cheaper to purchase notebooks, so the quantity demanded of notebooks would rise and the demand for tablets would fall since it is cheaper to buy a tablet. the demand curve for tablets would shift in as a result of the fall in demand. As a result, price and quantity of tablets would fall.

Increase in the number of manufactures would lead to an increase in supply. this would cause a rise in the supply of tablets. when there is a rise in supply, the supply curve shifts out, prices fall and quantity increases.

the new game would increase demand for tablets because people would be interested in playing the game. as a result of the rise in demand, the demand curve would shift out, the quantity would rise and prices would rise

A complement is a good that is consumed together with another good. if the price of apps rise, it would become more expensive to buy apps as result the demand for tablets would fall. the demand curve would shift in and price and quantity would fall

6 0
3 years ago
Winston Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that the
Anton [14]

Solution :

a).

Estimated overhead                                1,250,000

Divide by the estimated machine hours    50,000        

Predetermined overhead rate                      25

Actual machine hours                                  54,300

Multiply by predetermined overhead rate        25

The factory overhead amount applied        $ 1,357,500

b).

Actual factory overhead                              1,348,800

Less : factory overhead amount applied     1,357,500

The underapplied amount is                       $ 8700

4 0
3 years ago
Flint Corporation issues $440,000 of 9% bonds, due in 9 years, with interest payable semiannually. At the time of issue, the mar
aleksklad [387]

Answer:

$414,282.91

Explanation:

The issue price of the bonds is also known as the Present Value (PV) or current price of the Bonds and is calculated as :

FV = $440,000

PMT = ($440,000 x 9%) ÷ 2 = $19,800

P/yr = 2

N = 9 x 2 = 18

I/yr = 10%

PV = ?

Using a Financial calculator to input the values as above, the PV or issue price will be $414,282.91

4 0
3 years ago
It costs Bluffton Company $18.20 of variable costs and $7.80 of fixed costs to produce its product that sells for $39. Cointreau
Vikentia [17]

Answer:

increase by $15,600

Explanation:

Fixed cost remains constant throughout a period. If production is through the use of idle capacity, fixed cost will not change.

Change is income will result from the total contribution margin realized from the special order.

The total contribution margin is the contribution margin per unit multiplied by total units.

Contribution margin per unit = special offer price - variable costs

=$23.40- $18.20

=$5.20

change in income will be $5.20 x 3000

=$15,600 increase

6 0
2 years ago
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