1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
enyata [817]
3 years ago
5

Martinez Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $166,900 to $19

8,400. Variable costs and their percentage relationship to sales are sales commissions 6%, advertising 5%, traveling 4%, and delivery 2%. Fixed selling expenses will consist of sales salaries $35,300, depreciation on delivery equipment $6,600, and insurance on delivery equipment $1,000.
Prepare a monthly flexible budget for each $11,100 increment of sales within the relevant range for the year ending December 31, 2017.
Business
1 answer:
kolezko [41]3 years ago
4 0

Answer:

<u>monthly flexible budget for each $11,100 increment </u>

Sales                                                               $11,100

Less Sales Commissions ( $11,100 × 6%)       ($666)

Net Sales                                                       $10,434

advertising ( $11,100 × 5%)                              ($555)

traveling ( $11,100 × 4%)                                  ($444)

delivery ( $11,100 × 2%)                                   ($222)

Net Income                                                     $9,213

Explanation:

Consider Only the incremental costs and revenues.Fixed costs are not relevant for the $11,100 increment

<u />

You might be interested in
A recession is____.<br> Consecutive periods of deflation<br> Apex Financial Literacy
Anni [7]

A recession is when the inflation rate is low.. prices are falling dramatically in the market

4 0
3 years ago
Read 2 more answers
_______________ involves you imagining yourself achieving your final goal.
otez555 [7]
I’d say Outcome visualization since it involves seeing yourself achieving your goal.
3 0
2 years ago
Read 2 more answers
Assume the following information pertaining to Moonbeam Company:
Nana76 [90]

Answer:

<u>d. Material Purchases =  $ 169,000</u>

Explanation:

Cost Of Goods Statement.

Beginning Direct Materials =         $117,000

Add Material Purchases =            $ 169,000

Less Ending Direct Materials =     <u>$130,000 </u>

Direct Materials Used =                 $156,000 ( given)

Direct Labor=                                    $ 697,000

Factory Overhead =                         $199,000

Total Manufacturing Costs =           $896,000

Beginning WIP Inventory =              $85,000

Ending WIP Inventory =                 $104,000

Cost of Goods Manufactured=      $ 1033,000

Beginning Finished Goods Inventory = $130,000

Ending Finished Goods Inventory = $124,000

Cost Of Goods Statement               = $ 1039,000

4 0
3 years ago
The Converting Department of Worley Company had 2,400 units in work in process at the beginning of the period, which were 35% co
PolarNik [594]

Answer:

Worley Company

                                                 Units       Completion %          Equivalent Units

                                                                                                  D. Mat       CC

Beginning work in process    2,400             35%                   2400        840  

Transferred                             10,800                                  10,800        10,800

Ending work in process          <u>1,900               60%                1900         1140</u>

<u> Total                                       15100                                      15,100       12780</u>

Worley Company

Number of Equivalent Units of Production

Whole Units    15100

Direct Materials Equivalent Units    15,100

Conversion Equivalent Units 12780

Inventory in process, beginning= Direct Materials + Conversion Costs

                                                   =       2400 +  840  = 3240

Transferred to Packing Department= Direct Materials + Conversion Costs

                                                               =    10,400 + 10400

                                                               

Inventory in process, ending =  Direct Materials + Conversion Costs

                                                 =     1900 +1410= 3310

Total=       Direct Materials + Conversion Costs= 15,100 + 12780=  27880

3 0
3 years ago
Temperature and Chemicals are used in which process?​
Tju [1.3M]

Answer:

Cooking

Explanation:

because cooking use heat. heat is a temperature and chemicals is gas.

3 0
3 years ago
Other questions:
  • Firm has three different investment options, each costing $10 million. option a will generate $12 million in revenue at the end
    14·1 answer
  • Wich of the following types of advertising is likely to be the most affordable
    7·2 answers
  • The authors argue that what we need is "expeditionary economics." this, they say, can shift afghanistan's production possibiliti
    14·2 answers
  • A city with a 12/31 fiscal year-end requires that restaurants buy a license, renewable yearly. Proceeds of the license fees are
    11·1 answer
  • Investing in a money market mutual fund is a higher risk than investing in a certificate of deposit because unlike cds, money ma
    11·2 answers
  • Athena Company provides employee health insurance that costs $14,200 per month. In addition, the company contributes an amount e
    9·1 answer
  • Nathan buys a new microwave for $200. The microwave’s label bears a disclaimer that the manufacturer is not liable for consequen
    8·1 answer
  • he direct write-off method of accounting for uncollectible accounts a. emphasizes the matching of expenses with revenues. b. emp
    6·1 answer
  • When it comes to saving money, what is a good rule of thumb
    12·2 answers
  • How does the work done by agriculture communications professionals compare to and differ from that of other marketing workers?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!