What are budgeted revenues for the fourth quarter

Assignment Help Financial Accounting
Reference no: EM13754336

Bugga Corp expects to sell 3,000 units in October, and expects sales to increase 20% each month thereafter. Sales price is expected to stay constant at $8 per unit. What are budgeted revenues for the fourth quarter?

A. $24,000

B. $72,000

C. $86,400

D. $87,360

Reference no: EM13754336

Questions Cloud

What is approximate accounting rate of return for machine : A company is considering the purchase of a new machine for $54,400. Management predicts that the machine can produce sales of $37,600 each year for the next 10 years. Expenses are expected to include direct materials, direct labor, and factory overhe..
Describe the results of the bolshevik ascension : Describe the results of the Bolshevik ascension to power as the Kerensky government fell in November of 1917.
Analyze a neuropsychological disorder : Analyze a neuropsychological disorder that is different and select a neuropsychological disorder from the list.
Discussion-supply chain : Understanding supply chain and how the consumer can play a critical role in the supply chain is an important part of developing and implementing a strategy. There are many products and services today where the target customer is part of the supply..
What are budgeted revenues for the fourth quarter : Bugga Corp expects to sell 3,000 units in October, and expects sales to increase 20% each month thereafter. Sales price is expected to stay constant at $8 per unit. What are budgeted revenues for the fourth quarter?
Describe the benefits of using microsoft access : Explain the usefulness of converting data currently held in Microsoft Excel spreadsheets into a relational database using Microsoft Access. Describe the benefits of using Microsoft Access in the work environment
Affiliated group has gross income from operations : Jasper Co. which is not a member of an affiliated group has gross income from operations of $425,000, and deductible expenses of $390,500. Dividends of $275,000 were received from more than 20% owned U.S. corporations.
Type of tax structure in the united states : You are preparing a background report to help you prepare for the seminar. The report will include information about programs supported by tax revenue, the type of tax structure in the United States, primary and secondary sources for tax research,..
Discuss the value of separating duties in the organization : The value of separating duties in the organization. The value of using roles to segregate the data and system access needs of individuals in the organization

Reviews

Write a Review

Financial Accounting Questions & Answers

  Computation of accounting rate of return and

computation of accounting rate of return and depreciation.accounting rate of i9turn payback and npv busy beaver corp.

  Is variable costing appropriate in a capital-intensive

Is variable costing appropriate in a capital-intensive environment where robotic equipment performs most of the conversion of raw materials to a final product such as in a BMW plant?

  Process them further into complete sailboats

Great Lakes Boat Company manufactures sailboat hulls at a cost of $4,200 per unit. The hulls are sold to boatyards for $5,000. The company is evaluating the desirability of adding masts, sails, and rigging to the hulls prior to sale at an additional ..

  1 marvin corp a publicly accountable entity sold new

1. marvin corp a publicly accountable entity sold new production equipment to terrell inc. marvin corp. has agreed to

  Analyze overall process of accounting for insolvencies

Analyze overall process of accounting for insolvencies and make at least one recommendation for improving current practices. Provide specific examples of how your recommendation would be an improvement.

  How would advocates of a free-market approach

Which of the theoretical perspective of regulation reviewed in this chapter might best explain the existence of laws that prohibit insider trading?

  How much overhead may be allocated each time

How much overhead may be allocated each time a copy is made if cost allocations are computed to 4 significant digits?

  Multiple choice questions related to firms revenuesnbsp and

multiple choice questions related to firms revenuesnbsp and operating income cost behavior.1. a management that wanted

  Prepare an appropriate journal entry for transaction

Kenya Corporation had an equity structure that consisted of $1 par value common stock, $3,500,000; paid-in capital in excess of par, $17,500,000; and retained earnings, $22,700,000.Transaction A. Believing that its share price was depressed due to ge..

  Using effective-interest amortization

A company issues $10,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2014. Interest is paid on June 30 and December 31. The proceeds from the bonds are $9,802,072. Using effective-interest amortization, how much interest expense will be recogn..

  In a fixed order quantity system

In a fixed order quantity system (Q-system), the daily demand for a product is approximately normally distributed with a mean of 91.2 and a standard deviation of 23.6 units. The order lead time is 17 days. What is the appropriate reorder point (in un..

  Write a report to the owners detailing

Write a report to the owners detailing ALL the different options and considerations that you feel the owners should consider raising the $60 million.

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