What amount of sales revenue will be reported

Assignment Help Accounting Basics
Reference no: EM132783672

problem 1: Grandma's cake company expects to produce and sell 50,000 cakes in 2018 for 5.16 each. There are 4,000 caked in beginning finished goods inventory with target ending inventory of 4,000 cakes. The company keeps no work in process inventory. What amount of sales revenue will be reported on the 2018 budgeted income statement

problem 2: Brennen inc planned to use $24 of material per unit but actually used 25 of material per unit and planned to make 2000 units but made 2,400 units. The static budget variance is?

Reference no: EM132783672

Questions Cloud

Describe the target market : Describe the target market for your chosen company, Demographic Description: Age, income range, gender, family size, education, occupation, et cetera.
Describe two or three challenges organizations : Describe two or three challenges organizations might face when implementing quality standards.
Review and develop new organisational values : Describe the steps required to review and develop new organisational values.
Find a line using regression in excel : Tuscon Machinery, Inc. manufactures numerically controlled machines, which sell for an average of $0.5 million each. Sales for these NCMs for the past two years
What amount of sales revenue will be reported : The company keeps no work in process inventory. What amount of sales revenue will be reported on the 2018 budgeted income statement
What company is a leader in sustainability : What is operations & supply chain management? What are some cool jobs that involve O&SCM?
Identify the style of the work of art : Assume you have been given the ability to travel back in time, and you are about to set off on a trip to the nineteenth and twentieth centuries.
What is the after-tax income : Expenses for the year are $615,000, and it claims $135,000 in depreciation expenses. What does it pay in taxes, and what is its after-tax income?
Develop the objective function : Esiason Oil makes two blends of fuel by mixing oil from three wells, one each in Texas, Oklahoma, and California. The costs and daily availability of the oils a

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