Several years ago, Walters Company issued bonds with a face value of $1,000,000 at par. As a result of declining interest rates,
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Answer:
Part a
Ultimate Audio Company
<u>Sales Budget </u>
<u>For the Month Ending June 30</u>
Product and Area Unit Sales Volume Unit Selling Price Total Sales
Model U500 :
Northeast Region 140,000 $45 $6,300,000
Southwest Region 160,000 $45 $7,200,000
Total $13,500,000
Model U500 :
Northeast Region 100,000 $80 $8,000,000
Southwest Region 125,000 $80 $10,000,000
Total $18,000,000
Total Revenue from Sales $31,500,000
Part b
Ultimate Audio Company
<u>Production Budget </u>
<u>For the Month Ending June 30</u>
Model U500 Model S1000
Expected Units to be Sold 300,000 225,000
Add Desired Closing Inventory 30,000 15,000
Total 330,000 240,000
Less Desired Opening Inventory (25,000) (10,000)
Total Production 305,000 230,000
Explanation:
<em>Note : I have attached the complete question as images below !</em>
A Sales Budget shows the Total Expected Revenue from sale of budgeted units.
Total Revenue = Total Expected Units Sales x Selling Price Per Unit
A Production Budget shows the number of units to be produced to meet the Sales and Inventory targets
Total Production = Expected Sales + Desired Closing Inventory - Desired Opening Inventory
Answer:
Please find the complete question in the attached file.
Explanation:
Rocky believed there would be a possibility of a July bonus for touring, i.e
, from July 1-July 15 (10 days)-. Therefore no bonus can be calculated as
/ day trip \times 10 days =
throughout this duration.
The expected 15-day revenues from 16th July – 31st July may well be calculated as Rocky calculated that it would get the bonus
of the time. Estimates a
