3 years ago

Buzz Appliances manufactures two products: Food Processors and Espresso Machines. The following data are available:

Business

1 answer:

murzikaleks [220]3 years ago

4 0

Answer

D. 4,800 Espresso Machines and 0 Food Processors

The answer and procedures of the exercise are attached in a microsoft excel document.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

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Answer:

$238,148

Explanation:

Total expenses:

= Inventory purchased + Salaries expense + Interest expenses + Insurance expense

= $85,000 + $15,000 + $3,300 + $3,900

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= Total revenue - Total expenses

= $300,000 - $107,200

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Net income after tax:

= Net income - Taxes

= $192,800 - ($192,800 × 9%)

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= Net income after tax - Amount not collected on accounts receivable + Amount not paid on purchases - Prepaid insurance + Money invested by owners + Money borrowed

= $175,448 - $19,900 + $26,500 - $3,900 + $30,000 + $30,000

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Buzz Appliances manufactures two​ products: Food Processors and Espresso Machines. The following data are​ available:

Buzz Appliances manufactures two products: Food Processors and Espresso Machines. The following data are available: