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Hunter-Best [27]
3 years ago
7

Deleon Inc. is preparing its annual budgets for the year ending December 31,2020. Accounting assistants furnish the data shown b

elow. Product Product JB 50 JB 60 Sales budget: Anticipated volume in units 404,800 203,400 $22 $27 Unit selling price Production budget: Desired ending finished goods units 18,100 29,200 Beginning finished goods units 33,700 11,400 Direct materials budget: Direct materials per unit (pounds) 1 18,600 Desired ending direct materials pounds 33,600 Beginning direct materials pou 41,000 11,300 $3 $3 Cost per pound Direct labor budget: Direct labor time per unit 0.3 0.6 Direct labor rate per hour $11 $11 Budgeted income statement: $12 $21 Total unit cost 92 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter sho selling expenses of $664,000 for product JB 50 and $363,000 for product JB 60, and administrative expenses of $542,000 for product JB 50 and $344,000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30%.
Prepare the sales budget for the year.
Business
1 answer:
Artist 52 [7]3 years ago
3 0

Answer:

                               Sales Budget - Deleon Inc.

Particulars                               JB50               JB60               Total

Expected unit sales              404,800          203,400

Selling price per unit            $22.00            $27.00

Projected Sales Revenue   $8,905,600    $5,491,800   $14,397,400

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mario62 [17]

Answer:

$201,700

Explanation:

The budget production for May is 5000 units.

The total materials required for May will be no. of units multiplied by materials needed for each unit

=5000 x 3

=15000 pounds of materials

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=60% of (4400x 3)

= 60/100 x 13200

=7920 pounds of material

Total materials needed for May

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Purchases required will be

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=20170

Purchases in dollar value =20170 x $10

=$201,700

5 0
3 years ago
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earnstyle [38]

Answer:

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8 0
3 years ago
The video mentions the loss of U.S. manufacturing jobs to overseas locations. What is this called? What is the opposite trend th
sleet_krkn [62]
The correct answers are as follows:
1. The loss of US manufacturing jobs to oversea location is called OUTSOURCING.
Outsourcing refers to a situation in which a company transfer part of its production process to external suppliers rather than completing the whole process internally. This method is usually employed in order to reduce the cost of production. The most important cost of production that is always reduced by employing the method of outsourcing is labor cost, because it is one of the highest cost in the production process. Most manufacturing companies in US now take part of their manufacturing process to other countries of the world such as China, where labor cost and other production costs are  drastically reduced  compare to that of USA. This increases the profits realized by the companies.

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3 years ago
The CPI of a country in October is given to be 210. In November, the CPI rises to 220. What is the rate of inflation from Octobe
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The rate of inflation is 4.8%.

Given that,

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Learn more: brainly.com/question/17429689

5 0
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