User Account

All Pages

Determine what is the production budget

Assignment Help Managerial Accounting
Reference no: EM132529788

Company R sells coffee mugs for $4 each. The following is to know about Company R's sales budget:

                               Q1               Q2                Q3               Q4

Budgeted Sales. $130,000.  $170,000.    $120,000    $108,000

Question 1: The Company's policy is to produce enough mugs to have 20% of the following quarter's budgeted sales volume on hand plus a cushion of an additional 2,500 mugs. If Company R started the year with 12,000 mugs in inventory, what is the production budget (in mugs)

Reference no: EM132529788

Questions Cloud

How many wonkabar were sold : The variable costing NOI was $9,000 higher than absorption costing for 2019, how many Wonkabar were sold in 2019? (Round to the nearest unit)
Basis of the class readings : On the basis of the class readings, what might Bentham and Aristotle say of a person who takes pleasure in dog fighting?
What would be the total manufacturing cost : The planning budget showed,If Company Z's actual output was 2,192, what would be the total manufacturing cost be in the flexible budget?
What is the amount of stockholders equity as of July : Supplies, $1,916; Land, $24,933; Accounts Payable, $5,602. What is the amount of stockholders' equity as of July 1 of the current year
Determine what is the production budget : If Company R started the year with 12,000 mugs in inventory, what is the production budget (in mugs)?Company R sells coffee mugs for $4 each.
Determine the total materials variance : The labor used was 11,700 hours at an average rate of $20.50 per hour. Determine the total materials variance and round to the nearest whole dollar
Explain each of the three grades of thinking : Explain each of the three grades of thinking in William Golding's essay Thinking as a Hobby.
Calculate the efficiency variance for power : What would be the combined activity variance of indirect labor and power? Calculate rate variance for indirect labor? Calculate efficiency variance for power?
Where is the border between language that is problematically : Where is the border between language that is problematically emotionally charged, and language that is emotional but not problematic? Justify your view.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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