Compute and list the budget - budgeting, Financial Accounting

When Lydia started her vending machine business, she instituted flexible budgeting for the first few months of operations. Her first monthly budget numbers were these:

Cost of goods sold                                                           200 of sales

Advertising                                                                     l5% of sales

Salaries                                                                          $4,000

Delivery expense                                                              2% of sales

Rent                                                                               $1,000

Insurance                                                                       $200

Supplies                                                                         5% of sales

Telephone                                                                      $150

Compute and list the budget figures for September, when sales were $50,000.

Posted Date: 3/21/2013 1:50:49 AM | Location : United States







Related Discussions:- Compute and list the budget - budgeting, Assignment Help, Ask Question on Compute and list the budget - budgeting, Get Answer, Expert's Help, Compute and list the budget - budgeting Discussions

Write discussion on Compute and list the budget - budgeting
Your posts are moderated
Related Questions
1) Inventory of raw material are held to make sure that the production process is not disrupted because of shortage of raw material. The amount of raw material inventory would base

Realisation of assets 1. Divisible property : The ownership of the company's property does not vest in the liquidator (unless the court makes a vesting order: s.240); but

Petition by creditor Any creditor including an assignee of a debt, may petition, provided: The debt due to him amounts to at least Shs 1,000; The debt is certain and i

Division of the trust The safeguards consist in the division of the trust funds into portions.  Before this division takes place, the investments are revalued in order to deter


PROPERTY TRANSFERRED BEFORE BANKRUPTCY (a) Voluntary settlements : The trustee can claim all property settled by the bankrupt on other persons within two years preceding the

Assignments with the answer for tafe sa 4 edition. Question 11, page 76 and question 39, page 89

Question: a) Show the different parts of a bidding document for works. b) Describe  five advantages of Dispute Resolution over Termination of Contracts. c) Show the diffe

This lab assignment will correspond to developing a cash flow budget with an operating loan. There is on lab exercise listed below. Additionally, there are two assignment questions

Define Accruals or accrued charges What are Accruals or accrued charges - Expenses that are done for the current accounting period which have not yet been paid. These are someti