Prepare separate sales budgets for each division

Assignment Help Accounting Basics

Reference no: EM131896423

Problem

Kroger Corporation had the following budget information related to the unit sales:

2016                Units
July                   25,000
August              53,000
September         21,000
October             34,000

Of the units budgeted, the Electronics Division sells 55% at a price of $30 per unit and the remainder are sold by the Toy Division at a price of $20 per unit.

INSTRUCTIONS

Prepare separate sales budgets for each division and for the company in total for the third quarter of 2016.

Reference no: EM131896423

Questions Cloud

Compute the fixed manufacturing overhead : Compute (a) the fixed manufacturing overhead, (b) variable selling and administrative expenses, and (c) fixed selling and administrative expenses.

Find what amount of fica taxes does kyle owe for the year : Kyle, a single taxpayer worked as a free-lance software engineer. What amount of FICA taxes (self-employment and employment related) does Kyle owe for the year?

What amount of income does kross report relating : Kross Company purchase an equity investment in Penno Company. What amount of income does Kross report relating to the investment in Penno for the year? Explain.

How the vision of the company is developed in this case : How the vision of the company is developed in this case and give additional examples of methods with which the vision of the company can be developed?

Prepare separate sales budgets for each division : Kroger Corporation had the following budget. Prepare separate sales budgets for each division and for the company in total for the third quarter of 2016.

Discuss the effects of uncertainties and biases on decision : Discuss the effects of uncertainties and biases on decision quality? Give examples of uncertainties and biases?

How much cash was paid to employees as wages during the year : KRJ Corporation reported annual wages expense of $9,650 million. How much cash (in $ millions) was paid to employees as wages during the year?

How is the philosophy of information sharing developed : Does this start with individuals in various teams or does this start with organizational leaders? What are your thoughts?

How much profit will the company make : Kratzen Company sells a product at $50 per unit that has unit variable costs of $30. How much profit will the company make if it sells 4,000 units?

User Account

All Pages