Answer:
Budgeted sales for July = $1,755,000.
Explanation:
<em>Sales budget simply shows the expected sales revenue for a forthcoming accounting period. It is simply prepared by showing the quantity expected to be sold multiplied by the unit selling price. </em>
For example, the sales budget for July, for Morganton Company would be
= Units selling price × expected units to be sold
Budgeted sales for July = $65 × 27,000 = $1,755,000.0
Answer:
Appliance Apps
<u>Income statement under variable costing method.</u>
Sales ($12 x 36,000) $432,000
Less Variable Cost of Sales ($144,000)
Contribution $288,000
Less Expenses :
Fixed Manufacturing Expenses $120,000
Fixed Selling and Administration Expenses $20,000
Variable Selling and Administration Expenses $63,000 ($203000)
Net Income $85000
Explanation:
Total Product Cost (Variable Manufacturing Cost Only)
Direct Materials per Unit $2.25
Direct Labor per Unit $1.50
Variable Manufacturing Overhead per Unit $0.25
Total $4.00
Cost of Sales = Product Cost x Units Sold
= $4.00 x 36,000
= $144,000
Answer:
Labor productivity per dollar is 0.0091 rugs/dollar
Explanation:
The computation of labor productivity is shown below:
= Total number of rugs ÷ total labor cost
where,
Total number of rugs is 65
And, the total labor cost = Labor hours × rate per hour
= 550 hours × $13
= $7,150
Now put these values to the above formula
So, the value would equal to
= 65 rugs ÷ $7,150
= 0.0091 rugs/dollar
Answer:
The Wall Street Journal
Explanation:
<em>CPM (cost per mille)</em> is an important marketing measure that tells us what is the cost of advertising in media per thousand of impressions. It reflects on the money we are spending on advertising in order to get a thousand people seeing the advert.
The formula for CPM is:
CPM = (cost of the advertising program) / (audience size) * 1000
We have to calculate the CPM for all media respectively. So we have:
So, the Wall Street Journal has the highest CPM.
Answer:
$42,000
Explanation
Simply put, Controllable margin is known as the excess of contribution margin over controllable fixed costs.
The formula for Controllable margin is: Controllable Margin = Contribution margin - Controllable fixed expenses
CM= $136,000 - $94,000
CM= $42,000
The controllable margin for the year is $42,000.