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GarryVolchara [31]
4 years ago
9

Problem 1 16 points Total Prepare the Budgets given the following information Budgeted sales are expected to be: January 200 Uni

ts February 300 Units March 400 Units April 300 Units May 400 Units Selling Price $10 Per unit A. Prepare the sales Budget (5 points) Sales Budget January February March Quarter Budgeted sales in units 200 300 400 900 Times selling price per unit $10 $10 $10 $10 Budgeted sells in dollars $2,000 $3,000 $4,000 $9,000 B. Prepare the Production Budget (5 points)
Business
1 answer:
klemol [59]4 years ago
3 0

Answer:

<u>Sales Budget for January, February and March</u>

                                                    January      February      March

Budgeted Sales Units                    200             300            400

Budgeted Selling Price                   $10              $10             $10

Budgeted Sales Revenue           $2,000        $3,000      $4,000

<u>Production Budget for January, February and March.</u>

                                                    January      February      March

Budgeted Sales Units                    200             300            400

Budgeted Production Units           200             300            400

Explanation:

Sales Budget

This is the first budget that a company prepares from which all other budgets are created.

Production Budget

Since there are no closing or opening inventory targets, Budgeted Sales units equal budgeted production units.

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hammer [34]

Option C, Increase the training of his employees.

<u>Explanation: </u>

Human capital is the investment which the company has in its workers form. It takes into consideration the added value of employees ' knowledge, skills, and experience. An individual on the workforce or through learning acquires the skills. The added capabilities raise Human resources.

The notion of human capital acknowledges that the value that they add to the company and all kinds of employees is different. The value of a worker's human capital is different from that of a senior management's human capital.

The HR department of a company is responsible for managing human capital.

7 0
3 years ago
Windsor, Inc. just took its physical inventory. The count of inventory items on hand at the company’s business locations resulte
svp [43]

Answer:

Actual Inventory $ 343640

Explanation:

FOB Shipping point means as soon as the goods are sold they are the buyer's property and must be excluded from the inventory.

FOB destination means that the goods are the seller's property and responsibility unless the goods reach the destination. They are included in the seller inventory unless the buyer gets them.

Inventory sent on consignment is also counted in the cosigner's inventory.

The inventory costing $20,800 that was sold on December 28, terms FOB shipping point will not be included in the seller's inventory. They are now the buyer's responsibility.

Windsor, Inc

Inventory Stock Count on 31 Dec   $301,000

Add inventory sent on consignment $29,120

Add Inventory purchased FOB shipping  $13,520

Actual Inventory $ 343640

8 0
3 years ago
Best Shingle's budgeted manufacturing costs for 50,000 squares of shingles are: Fixed manufacturing costs $12,000 Variable manuf
notsponge [240]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Best Shingle's budgeted manufacturing costs for 50,000 squares of shingles are: Fixed manufacturing costs $12,000 Variable manufacturing costs $16.00 per square

Manufacturing cost= direct material + direct labor  + manufacturing overhead

MC= 12,000 + 16* 50,000= $812,000

5 0
4 years ago
WILL GIBE BRAINLEST
Alecsey [184]

Answer:

True

Explanation

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6 0
3 years ago
Why should you treat savings as an expense in your budget?
nikitadnepr [17]
Savings are for saving not spending
3 0
3 years ago
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