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Tom [10]
2 years ago
9

Company manufactures luggage sets. sells its luggage sets to department stores. expects to sell luggage sets for each in and lug

gage sets for each in . All sales are cash only. Prepare the sales budget for January and February.
Business
1 answer:
jolli1 [7]2 years ago
3 0

Complete Question:

Yem Company manufactures luggage sets. Yem sells its luggage sets to department stores. Yem expects to sell 1,600 luggage sets for $260 each in January and 1,700 luggage sets for $260 each in February. All sales are cash only. Prepare the sales budget for January and February

Answer:

Yem Company

Yem Company

Sales Budget

Two Months Ended January 31 and February 28

                                                              January      February

Budgeted luggage sets to be sold         1,600            1,700

Sales price per set                                  $260            $260

Total sales                                        $416,000     $442,000

Explanation:

a) Data and Calculations:

Expected sales units in January = 1,600 luggage sets

Selling price for January sales = $260 each

Expected sale units in February =  1,700 luggage sets

Selling price for February sales = $260 each

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kotegsom [21]

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ABC Corporation uses the weighted-average method in its process costing system.
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Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

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Flowchart of Accounts Related to Service and Processing Departments
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Answer:

Main route:

Smelting --> Rolling --> Converting --> Sheared Sheet

Secondary route     -->

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"WIP SConverting debit then factorty overhead credit"

Later it will be transferred out as a complete process therefore,

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BT Alex Brown Analysts are evaluating Energen (NYSE: EGN) for possible inclusion in a small-cap oriented portfolio. EGN is a div
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Answer:

The correct option is $1.14

Explanation:

D1=D0*(1+g)

D1 is year 1 dividend

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D1=$0.54*(1+15%)

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Total value present values=$0.559459459 +$0.579620161

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