Cameroon corp manufactures and sells electric staplers for

Assignment Help Accounting Basics
Reference no: EM131021218

- The difference between actual quantity used and the standard quantity allowed results in a:

Standard variance.

Budget variance.

Quantity variance.

Price variance.

- Cameroon Corp. manufactures and sells electric staplers for $16 each. If 10,000 units were sold in December, and management forecasts 4% growth in sales each month, the number of electric stapler sales budgeted for March should be:

10,000

11,249

10,816

11,000

Bengal Co. provides the following sales forecast for the next three months:

July August September

Sales units 5,000 5,700 5,560

- The company wants to end each month with ending finished goods inventory equal to 25% of the next month's sales. Finished goods inventory on June 30 is 1,250 units. The budgeted production units for July are:

6,250 units.

6,425 units.

2,500 units.

5,175 units. 

Reference no: EM131021218

Questions Cloud

Relevant data from operating budget : Colter Company prepares monthly cash budgets. Relevant data from operating budgets for 2014 are:
What recommendations do you have for employees : Assume that Tom is willing to consider working 35 years instead of 30 years. What is your assessment of this strategy if Tom's goal is to have a portfolio worth $1,000,000?
What is the first level of moral development : Which level of moral development does Kohlberg call the "principled level"?
Is health care actually free to residents of united kingdom : According to an article in the Economist about the health care system in the United Kingdom: "A defining principle of the National Health Service is that it is ‘free at the point of delivery'." What does "free at the point of delivery" mean? Is he..
Cameroon corp manufactures and sells electric staplers for : Cameroon Corp. manufactures and sells electric staplers for $16 each. If 10,000 units were sold in December, and management forecasts 4% growth in sales each month, the number of electric stapler sales budgeted for March should be:
Features of mutual funds and the investment : What features of mutual funds and the investment environment have led to mutual funds'rapid growth in the last two decades? What types of ethical factors must an investmentadvisor consider when recommending different types of mutual fund investmen..
What is meant by the phrase health care outcome : What is meant by the phrase "health care outcome"? How do health care outcomes in the United States compare with those of other high-income countries? What problems arise in attempting to compare health care outcomes across countries?
Report liabilities on the balance sheet : The purpose of this assignment is to help you practice how to report liabilities on the balance sheet following current U.S. GAAP. This assignment will also help you to become familiar with the following important content knowledge in accounting:
Corporate image and corporate identity : Discuss the dangers of mismatch between corporate image and corporate identity. What strategies are possible for closing this difference gap.

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  The armer company is accumulating data to be used in

the armer company is accumulating data to be used in preparing its annual profit plan for the coming year. the cost

  Key factors which impact company decision

Examine the major factors which impact a company’s decision of whether to pay the dividend and determine what you believe is the most significant driver of the decision.

  Uxmaiz corporation had only one job in process during

uxmaiz corporation had only one job in process during may-job x32z- and had no finished goods inventory on may 1. job

  Effect of inventory cost flow assumption on financial

effect of inventory cost flow assumption on financial statements required for each of the following situations fill in

  State and defend legal and ethical internet issues

Discuss at least two specific examples of the expanding role of blogs in reporting and commenting on social, political, cultural, legal and sports issues.

  Watkin company is a pesticide manufacturer its sales

watkin company is a pesticide manufacturer. its sales declined greatly this year due to the passage of legislation

  How much should you pay in ten equal annual end of year

how much should you pay in ten equal annual end of year payments starting two years from now in order to repay a 30000

  Determine the target wacc

We can determine the target WACC for Apix Printing Inc., given these assumptions," she says as she hands you a piece of paper that says the following:

  Compute the cost of capital for the firm

Compute the cost of capital for the firm for the following:

  Estimating cost of preferred stock

Samuelson Plastics has 7.5 percent preferred stock outstanding. Currently, this stock has a market value per share of $52 and a book value per share of $38. What is the cost of preferred stock?

  What expenditures deductible for self-employed individual

What expenditures are deductible for self-employed individuals but are not deductible for employees? Discuss why there would be this distinction.

  A bond that has 1000 par value and a contract or coupon

a bond that has 1000 par value face value0 and a contract or coupon interest rate of 12.6 percent. the bonds have a

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd