User Account

All Pages

Discuss what is total operating expense for june

Assignment Help Accounting Basics
Reference no: EM131792900

Warshaw Company is preparing the June Budget.

The June budget includes the following data:

Sales $100,000

Purchases of Merchandise $95,000

Depreciation $2224

Insurance $11954

Payroll expenses $5446 a month plus 2% of sales

Administrative office expenses incurred to order purchases are budgeted at 6% ofpurchases of merchandise only

Purchase of equipment $2406

Research and Development 10% of sales

What is total operating expense for June?

(hint: not everything listed is an operating expense)

Reference no: EM131792900

Questions Cloud

Find the radius r that produces the maximum velocity : Velocity of air during a cough According to B. F. Visser, the velocity v of air in the trachea during a cough is related to the radius r of the trachea.
What do you see as your weaknesses regarding working on team : Complete the Evaluate Team Member Effectiveness self-assessment. what do you see as your strengths and weaknesses regarding working on a team?
What are the total equivalent units for conversion costs : Equivalent Units of Conversion Costs, What are the total equivalent units for conversion costs
Find the dimensions that will make the cost a minimum : Minimum cost the base of a rectangular box is to be twice as long as it is wide. The volume of the box is 256 cubic inches.
Discuss what is total operating expense for june : Administrative office expenses incurred to order purchases are budgeted at 6% of purchases of merchandise only
Discuss the different theoretical views on national debt : Discuss the Different theoretical views on national debt. Complete this essay in a Microsoft Word document, APA formatted with minimum three references.
What is effect of this lease on zeffers net income for year : Zeffer Inc. leased a machine worth $500,000 to a client at beginning of year 11
What amount will be reported in the liability account : What amount will be reported in the Estimated Warranty Liability account on the December 31, 2011 balance sheet
Illustrate process of funds gained through illicit finance : Describe, design and illustrate the process of funds gained through illicit finance and how they are a part of the global economy.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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