Quarterly budgeted cost of goods sold schedule, Financial Accounting

RSC Designs quarterly selling and distribution expenses are $100,000 including ($10,000 depreciation), and are expected to be paid in the quarter incurred.

Quarterly administration expenses are $250,000.  Annual administration expenses include insurance of $210,000 which is paid in October of each year. 

All other expenses are expected to be paid in the quarter incurred. Jackson anticipates that dividends of $27,000 will be declared and paid in cash during the 2nd and 4th quarters of the 2012/2013 financial year.

Prepare a memo to Mr. Robert James, the Chairman of RSC Designs Pty Ltd. advising him of any additional processes that you think would further enhance accurate and efficient performance reporting in the company.  Include in your memo the benefits these enhancements would bring to the organisation and reasons for your recommendations.  You should also include in your memo a description of behaviours that may be encouraged or discouraged as a result of these processes.

Posted Date: 3/15/2013 2:00:55 AM | Location : United States







Related Discussions:- Quarterly budgeted cost of goods sold schedule, Assignment Help, Ask Question on Quarterly budgeted cost of goods sold schedule, Get Answer, Expert's Help, Quarterly budgeted cost of goods sold schedule Discussions

Write discussion on Quarterly budgeted cost of goods sold schedule
Your posts are moderated
Related Questions
Define reasons that influence a firm's degree of transaction exposure? What reasons influence a firm's degree of ‘transaction exposure' in a certain currency? For each reason d

Promissory Note - Evidence of a DEBT with specific amount due and interest rate. Note may specify a maturity date or it may be payable on demand. Promissory note may or may not acc

The additional 20% purchase by RBE results is enhancing in the controlling interest held in the subsidiary, DCA. No additional goodwill is calculated on the additional purchase as

The objective is to assess the incentive to acquire information on consumer characteristics. We consider a monopoly. The firm incurs no production cost. There are M consumers with

am trying to figure out the break-even point in units using the mathmatical equation. the numbers i have are unit selling price $520, the variable costs per unit are $312 and fina

Explain the movements in working capital in terms of a business''s cash cycle. Explain some of the options available and their effect on the cash cycle.

Looking for Income Statement and Balance Sheet for the Better USA, Inc. company for 2010 and 2011 There are two sets of numbers, after each category. The first will represent 2010

This is partly taken from a court case where one of my colleagues was a witness. Suppose that an employee is terminated without cause and that she sues the company for compensation


Calculate the DuPont Model, given the following information: cash=$16,080; accounts receivable= $9,500; prepaid = $3,150; supplies =$675; equipment =$25,200; accumulated depreciati