Given the information provided about sparky

Assignment Help Managerial Accounting
Reference no: EM13982904

1. Sparky's forecasts that sales will grow by 25% in 2013 and that its cost of goods sold to sales ratio will be the same in 2013 as it was in 2012. Given the information provided about Sparky, what is the company's 2013 projected cost of goods sold?

a. $130,110

b. $104,090

c. $162,424

d. $156,763 

Reference no: EM13982904

Questions Cloud

A good will are morally praiseworthy : Kant states that the only thing good without qualification is a "good will."  (and by that he means, a will guided by the categorical imperative.  See this week's guidance for a bit more detail.)
What is the value of position - velocity and acceleartion : Solve the above problem with parabolic blend such that it accelerates in 1 sec, constant speed in 1 second, and decelerates in the one second. Find position, velocity and acceleration of the joint as a function of time, then plot them. What is the..
Find the magnitude of the force at the support point : Find the magnitude of the force at the support point. Find the direction of the force at the support point. Find the magnitude of the force at the left-hand end.
The church in modern times : How has the Christian movement changed from its early beginnings when the Church was holding councils and discussing the theology of the Holy Trinity, to the Church in modern times?
Given the information provided about sparky : Sparky's forecasts that sales will grow by 25% in 2013 and that its cost of goods sold to sales ratio will be the same in 2013 as it was in 2012. Given the information provided about Sparky, what is the company's 2013 projected cost of goods sold?a. ..
Fortune or forbes or a business newspaper : Locate a business periodical such as Fortune or Forbes or a business newspaper such as The Wall Street Journal. Find three examples of the use of a graph to display data. For each graph
What karl marx and buddhism deems important : Describe the differences in what Karl Marx and Buddhism deems important in life300-500 word
Find the energy transfer in the second process : Find the energy transfer in the second process. What mass of steam initially at 130oC is needed to warm 200 g of water in a 100-g glass container from 21.0oC to 47.0oC?
What is the company inventory turnover ratio : Using Sparky's financial information what is the company's inventory turnover ratio for 2012?a. 0.69b. 1.00c. 3.35d.4.03

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Estimated costs and cost per unit needed

or what other business decisions may it be impossible to calculate the actual cost? What are some of the dangers of basing decisions on estimated rather than actual costs? How might these dangers be minimized?

  Flexible budgets and standard costing

Write down the benefits of standard costs and how do businesses set those standards.

  Determine the amount of cost in the raw materials

AC 505 Case Study I,  Determine the amount of cost in the Raw Materials, Work in Process, and Finished Goods Inventory as of the date of the storm. ( Hint: You may wish to reconstruct the various schedules and statements that would have been affecte..

  Discuss the stance and initiatives of the australian account

Discuss the way in which AGL has demonstrated its social and environmental accountability in the last two years.

  Kate mullin owned small company that sold boating equipment

Estimate the amount of inventory destroyed by fire.

  Suitable price per meal for the auditorium

What would be a suitable price per meal for the auditorium to continue to have the Season's Restaurants supply meals? Explain your answer?

  Calculate the joint product cost

Products Gamma and Delta are joint products. The joint production cost of the products is $800. Gamma has a market value of $500 at the split-off point.

  Problems changing from budget

What are some of the potential problems which might be encountered in changing from a budget to a cost estimation movie making system?

  Distributes various plumbing products used in homes

In Problem 9-45, Cain Components manufactures and distributes various plumbing products used in homes and other buildings.

  Calculate the minimum and maximum transfer prices

Calculate the minimum and maximum transfer prices. Calculate the full cost plus transfer price that would represent this transfer price.

  Explain the prerequisites necessary for accounting control

Identify and explain the prerequisites necessary for accounting control and analyse the difficulties that might be experienced in achieving them.

  Old machinery with a book value

The following accounts and corresponding balances were drawn from Delsey Company's 2014 and 2013 year end balance sheets:

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