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3 years ago

Benet Company has budgeted the following unit sales:

Business

1 answer:

Reika [66]3 years ago

8 0

Answer:

Benet Company

Production Budget for 2019:

Quarter Quarter Quarter Quarter

1 2 3 4

Ending inventory 38,000 52,000 75,000 24,000

Units Sold 105,000 190,000 260,000 375,000

Units available for

production 143,000 242,000 335,000 399,000

Beginning Inventory 21,000 38,000 52,000 75,000

Units produced 122,000 204,000 283,000 324,000

Explanation:

a) Data and Calculations:

2019 2020

Quarter Units Quarter Units

1 105,000 1 120,000

2 190,000

3 260,000

4 375,000

Ending inventory

December 31, 2018 = 21,000

Quarter 1, 2019 = 38,000 (190,000 * 20%)

Quarter 2, 2019 = 52,000 (260,000 * 20%)

Quarter 3, 2019 = 75,000 (375,000 * 20%)

Quarter 4, 2019 = 24,000 (120,000 * 20)

Production Budget for 2019:

Quarter Quarter Quarter Quarter

1 2 3 4

Ending inventory 38,000 52,000 75,000 24,000

Units Sold 105,000 190,000 260,000 375,000

Units available for

production 143,000 242,000 335,000 399,000

Beginning Inventory 21,000 38,000 52,000 75,000

Units produced 122,000 204,000 283,000 324,000

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Wings Co. budgeted $555,600 manufacturing direct wages, 2,315 direct labor hours, and had the following manufacturing overhead:

Dahasolnce [82]

Answer:

the overhead cost assigned to Job 971 is $1,020

Explanation:

The computation of the overhead cost assigned to Job 971 is shown below:

= Budgeted Machine overhead cost ÷ Number of set up

= $13,200 ÷ 390

= 34

Now the overhead cost assigned is

= 30 setups × 34

= $1,020

hence, the overhead cost assigned to Job 971 is $1,020

Therefore the last option is correct

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3 years ago

34+33n=15v. what is thirty-four plus thirty-three n equal fifteen v???

Mariulka [41]

Answer:

n =15v_34=33

Explanation:

34+33n=15v

33n+34=15v

(33n+34)+(-34)=15v+(-34)

33n+34-34=15v-34

33n=15v-34

33n_=15v-34

33 33

n=15v-34=33

4 0

3 years ago

keisha is an employee of leeway corporation. she uses social media in a way that violates her employer’s stated social media po

shepuryov [24]

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3 years ago

Crystal Glass recently paid $3.60 as an annual dividend. Future dividends are projected at $3.80, $4.10, and $4.25 over the next

Elina [12.6K]

Answer:

share price today = $42.92

Explanation:

given data

annual dividend paid = $3.60

dividends = $3.80

dividends = $4.10

dividends = $4.25

dividend increase = 3.25 percent annually

discount rate = 12.5 percent

solution

we find here horizon value that is express as

horizon value P1= $\frac{4.25*(1+0.0325)}{0.125-0.0325}$

horizon value P1 = $47.44

so share price today will be

share price today = $\frac{D1}{(1+0.125)^1} +\frac{D2}{(1+0.125)^2} +\frac{Horizon value}{(1+0.125)^3}$

share price today P2 = $\frac{3.80}{(1+0.125)^1} +\frac{4.10}{(1+0.125)^2} +\frac{4.25-47.44}{(1+0.125)^3}$

share price today = $42.92

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3 years ago

Watts Corporation made a very large arithmetical error in the preparation of its year-end point in the calculation of financial

topjm [15]

Answer:

d. a prior period adjustment.

Explanation:

Correction of the error when discovered in the next year should be treated as a prior period adjustment. This is basically because the error was already recorded in the past financial report. Since these reports are final and cannot be changed, then the correction to this error needs to be implemented in the next year's financial report and would reflect on that year's income taxes. The process of doing this is known in accounting as a prior period adjustment

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3 years ago