Determine the alpha budgeted cost of goods sold

Assignment Help Accounting Basics
Reference no: EM131680223

Question - Alpha Company has provided projected information as follows:

Net sales                                     $10,000

Fixed manufacturing costs             $1,000

Additionally, Alpha has experienced a variable manufacturing costs of 45% of net sales and sees not changes during the budget period. Alpha expects that there will be no changes to any inventory values. Use this information to determine Alpha's: . (Round & enter final answers to: the nearest whole dollar for total dollar answers, nearest penny for unit costs or nearest whole number for units)

1. Budgeted Cost of Goods Sold

2. Budgeted Gross Profit

Reference no: EM131680223

Questions Cloud

Discuss stage of the demographic transformation : Which stage of the Demographic Transformation is associated with most of human history
Describe the roles of calcium : Describe the roles of calcium, phosphorus and magnesium in the body. at least 200 words.
Watch the video about berries and the brain : Watch the video about Berries and the Brain. After watching the video, answer the three critical thinking questions listed below
Probability of getting married couples within committee : An organization with 2n people consists of n married couples. A committee of size k is selected, with all possibilities equally likely.
Determine the alpha budgeted cost of goods sold : Use this information to determine Alpha's: Budgeted Cost of Goods Sold and Budgeted Gross Profit
Why would a god desire companionship : Why would a god desire companionship? How do the events of the myths demonstrate the concerns of the Yoruba tribe?
Probability-tyrion and cersei are sitting next to each other : Tyrion, Cersei, and ten other people are sitting at a round table, with their seating arrangement having been randomly assigned.
What are the estimated cash receipts : Estimated provision for bad debts in May for credit sales in May are $7,000. What are the estimated cash receipts from accounts receivable collections in May
How the information systems function supports a business : What major features of a business are important for understanding the role of information systems?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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