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
crimeas [40]
3 years ago
12

Brown Company manufactures luggage sets. Brown sells its luggage sets to department stores. Brown expects to sel 1,700 luggage s

ets for $180 each in January and 2,050 luggage sets for $180each in February. All sales are cash only. Prepare the sales budget for January and February.
Business
1 answer:
Svetradugi [14.3K]3 years ago
3 0

Answer:

sales budget for January and February are given below

Explanation:

given data

luggage sets = 1700

sell =  $180 each

luggage sets = 2050

sell = $180

to find out

sales budget for January and February

solution

                                           Sales Budget  

                                                             January                      February  

Budgeted luggage sets to be sold 1,700                         2,050  

Sales price per unit                           180                            180  

total sales                                      306000                    369000

here sale is sold Budgeted luggage × Sales price

You might be interested in
The two major types of transactions that affect the international flow of money are:
andre [41]
The two major types of transaction that affects the international flow of money are b. debits and credits.
When you say debits, it the liabilities and when you say credits its the assets. These two is the major transaction that makes a big impact to the economy.
4 0
3 years ago
Read 2 more answers
just paid its annual dividend of $1.15 per share. The required return is 12.3 percent and the dividend growth rate is 0.75 perce
IceJOKER [234]

Answer:

P5 = 10.41

Explanation:

To calculate the stock value with dividends for the fifth year the following formula would be used:

P5 = \frac{Div_{0}  * (1 + g)^{6} }{(r-g)}

  • Where:
  1. Div_{0} = The first Dividend Paid.
  2. G = Growth Rate.
  3. R = Required Return.
  • Given Data:

Div_{0} = $1.15

Growth Rate = 12.3%

R = 0.75%

P5 = ?

  • Substituting the values in the formula

P5 = \frac{1.15 * (1 + .0075)^{6} }{(12.3-.0075)} = 10.41

7 0
3 years ago
Randy is a waiter at the silver spoon restaurant. his w-2 box 1 wages are $16,400, box 7 (social security tips) is $500, box 8 (
olga_2 [115]

Answer:

a)$16,894

Explanation:

The computation of his income is shown below:

= Wages + allocated tips for box 7 + tips that do not reported

= $16,400 + $350 + $144

= $16,894

We simply added the Wages, allocated tips for box 7, and tips that do not reported so that the exact value could come

All other information which is given is not relevant. Hence, ignored it

8 0
4 years ago
Read 2 more answers
An investor purchases a stock for $38 and a put for $.50 with a strike price of $35. The investor sells a call for $.50 with a s
Nuetrik [128]

Answer: $2

Explanation:

From the question, we are informed that an investor purchases a stock for $38 and a put for $.50 with a strike price of $35 and that the investor sells a call for $.50 with a strike price of $40.

The maximum profit for this position will be the purchase price of the stock deducted from the strike price of call option. This will be:

= $40 - $38

= $2

7 0
3 years ago
All of the following create problems with accurate product or job costing​ except: A. bar coding is used to record materials use
lukranit [14]

Answer:

A. bar coding is used to record materials used on the job.

Explanation:

Bar coding is used to record materials used on the job.

Bar code is a small image of lines appended on goods for easy identification, thereby increasing efficiency in businesses.

5 0
3 years ago
Other questions:
  • The table shows the taxable income range and marginal tax rates for a single taxpayer in Oceania. There are no exemptions or ded
    14·1 answer
  • The Moto Hotel opened for business on May 1, 2017. Here is its trial balance before adjustment on May 31.
    11·1 answer
  • 1. Jovanna has determined that she wouldn't want to be a nurse because she really doesn't like the sight of blood and she tends
    13·2 answers
  • The bottom-up approach for estimating times and costs that uses costs from past projects that were similar to the current projec
    12·1 answer
  • Which of the following is a feature of an effective business email?
    7·1 answer
  • Prepaid Rent. On September 1 of the current year, the company prepaid $44,400 for two years of rent for facilities being occupie
    10·1 answer
  • As a manager for a company that is looking to expand to China, what should your company focus on?
    14·1 answer
  • To increase and improve employees' work efforts in organizations, organizations should link ________ to ________ such as bonuses
    7·1 answer
  • What is the rule for reporting the revenues and expenses of a company that is acquired partway through a fiscal year in the cons
    15·1 answer
  • free training programs allow manufacturers to: select one: a. explain complex products to retailers. b. build relationships with
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!