Brannon Company expects sales of 700 units for the first quarter, 750 units for the second quarter, 800 units for the third quarter, and 900 units for the fourth quarter. If the sales price is $25 per unit, what is the expected sales for the year? A. $22,500 B. $17,500 C. $20,000 D. $78,750
Q: Two products DH1 and DH2are manufactured in a department. Sales for the year 2022 were planned as…
A: The question is multiple choice question Required Choose the Correct Option.
Q: Kaur Printing Company projected the following information for next year: Selling price per unit $…
A: Cost accounting is one of the branch of accounting. Under this branch, all type of costs of the…
Q: A company expects the following sales for the coming year: 1st Quarter 2nd Quarter 3rd…
A: Formula: Sales value = Units x average selling price Multiplying units with average selling price…
Q: The selling price of Product Y is set at $1,200 for each unit and sales for the coming year are…
A: Introduction:- Calculation of target profit as follows:- Target profit =Investment x 40%
Q: UM Berhad has projected sales for the first six months of 2020 as follows: Month RM January…
A: Cash budget is one of an important budget which helps management to make estimations regarding the…
Q: Heartbeat Manufacturing Company (HMC) allows employees to purchase, at cost, constructionm materials…
A: “Hey, since there are multiple questions posted, we will answer only one question as per our…
Q: Nowlin Pipe & Steel has projected sales of 19,600 pipes this year, an ordering cost of $5 per order,…
A: a. Economic Order Quantity = (2S0 / C)1/2 where, C = carrying cost per unit S = total demand in…
Q: The costs and revenue projections for a new product are estimated. What is the estimated profit at a…
A: The contribution margin is calculated as difference between sales and variable costs. The break…
Q: A June sales forecast projects that 5,500 units are going to be sold at a price of $10.50 per unit.…
A: Lets understand the basics. Management prepares master budget and based on it prepares various…
Q: Suppose the demand of a product produced by a production firm is 8000 per year (1 year = 312 days)…
A: Annual demand, D = 8000 Production rate, P = 10000 per year Setup cost, S = 600 Unit carrying cost,…
Q: Two products A and B are manufactured in a department. Sales for the year 2020 were planned as…
A: Sales units of product A in quarter 3 = 11000 The selling price of product A in quarter 1 = OMR 20…
Q: Two products A and B are manufactured in a department. Sales for the year 2020 were planned as…
A: Sales Budget: Sales in units and estimated earnings from these sales are estimated in sales Budget.
Q: XYZ company expects the following in the next month: sales volume 50,000 units, contribution margin…
A: Degree of operating leverage (DOL): DOL reflects the variable and fixed cost relationship of an…
Q: Campbell Company has beginning inventory of 15,000 units and expected sales of 20,000 units. If the…
A: Inventory is the amount of goods available in stock of the company at any point of time in the…
Q: Refer to the information regarding Stillwater Designs above.Required:1. Prepare a sales budget for…
A: Budgets are the estimates or forecasts that are made for future period. Sales budget is one of the…
Q: Baker Company has a product that sells for $20 per unit. The variable expenses are $12 per unit, and…
A: The break even sales are the sales where business earns no profit no loss during the period.
Q: Paymore Products places orders for goods equal to 75% of its sales forecast in the next quarter…
A: SOLUTION- SHORT TERM FINANCIAL PLAN- A FINANCIAL PLAN OUTLINING INVESTMENT AND OTHER FINANCIAL…
Q: Dhofar Inc. has the following sales forecasts for next year: First Quarter 10,000…
A: Definition: Merchandise Inventory: Merchandise is the stock of goods bought by a wholesaler, or a…
Q: Determine the market potential for a product that has 20 million prospective buyers who purchase an…
A: Given that: Prospective buyers = 20 million Per buyer = 2 items per year Price = €50
Q: A company expects to sell 30,000 units of a product next year. Variable production cost is ₱25 and…
A: Number of units = 30,000 Variable Cost per unit = 25 Variable Production Costs = Variable Cost per…
Q: certain spare parts has a selling price of P150 if they would sell 8000 units per month. If for…
A: In the following question, we are given the following details. Selling price of P 150 if they would…
Q: n January, P75,000 in February, and P80,000 in March. Florida wants to have 25% of next month’s…
A: A)S In February = 75000 B)Cost of Goods sold in Feb = 75000*40%= 30,000 C)Inventory at Jan end = 25%…
Q: The selling price is $120 per unit. The yariable cost is $78 per unit. Fixed expenses are $249,480…
A: Contribution margin per unit represents the portion of sales revenue that is not consumed by…
Q: Cyber Security Systems had sales of 4,600 units at $65 per unit last year. The marketing manager…
A: Given, Last year Sale = 4600 units Selling price =$65 per unit Increase in unit volume = 30%…
Q: The cost of product X is 30 percent of its selling price, and the carrying cost is 8 percent of…
A: Solution Given Cost of product 30% of selling price Carrying cost 8% of selling price…
Q: Hong Kong Ltd has provided the following data for the current fiscal period: Sales 5,000 units…
A: ANSWER - Calculation of Existing Operating Profit : Particulars Amount Sales Price Per Unit…
Q: GGG Company Assume that the firm is expecting to have the following quarterly unit sales with a…
A:
Q: Two products A and B are manufactured in a department. Sales for the year 2020 were planned as…
A: Net sales is computed by subtracting sales return from gross sales.
Q: MJ Department Store expects to generate the following sales figures for the next three months: July…
A: Expected sales figure for the next 3 months Sales Gross Cost of…
Q: Boss Enterprises currently sells its products for $30 per unit. Management is contemplating a 40%…
A: Break-Even Point (in units):It’s defined as the point where sales and expenses are the same or when…
Q: The more reliable sales amount from which to base projected sales is a) Latest month b) Latest year…
A: Financial Planning has utmost important in any business and strategic management. If business is…
Q: Sohar Company. estimates its sales at 180,000 units in the first quarter and that sales will…
A: Production units means how many units needs to be produce to fulfill sales demand and ending…
Q: Paymore Products places orders for goods equal to 75% of its sales forecast in the next quarter…
A: Minimum operating cash balance should be $ 30 Cash at the end of period = Cash at start of period -…
Q: Novak Company estimates that unit sales will be 9,600 in quarter 1; 12,600 in quarter 2; 14,100 in…
A: Novak Company Production Budget for the First 6 months Quarter 1 Quarter 2 6 Months…
Q: The marketing department of Jessi Corporation has submitted the following sales forecast for the…
A: 1.
Q: A company expects to sell 20,000 units of a product next year. Variable production cost is ₱15 and…
A: Given, Target profit of the firm ₱100,000. Number of units 20,000. Fixed expenses ₱250,000.
Q: The following are the sales forecast of Avril Furniture Company for the upcoming fiscal year: Year 2…
A: Budgets are the estimated amount that is based on future sales, it helps in analyzing the current…
Q: Navigator sells GPS trackers for $50 each. It expects sales of 5,000 units in quarter 1 and a 5%…
A: Sales Budget - Sales Budget is the estimated figures made by the company for the future or upcoming…
Q: Projected sales for Tony Co. Ltd for next year and beginning and ending inventory data are as…
A: The kilograms of materials to be purchased is calculated as production in units multiplied by the…
Q: The selling of a product has been set at $300 per unit , and at that price the company expects to…
A: The calculation of target profit has been made as follows: Target profit=Total investment×Required…
Q: Two products A and B are manufactured in a department. Sales for the year 2020 were planned as…
A: When buyers return faulty, dented, or otherwise undesired items to the vendor, this is referred to…
Q: Al-Morooj Co. has the following sales forecasts for its hip waders next year: First Quarter 11000…
A: Sales Income -: Sales Income is the income collected by a firm from its sales of products or the…
Q: Mazon Inc. plans to sell 7,000 units each quarter next year. During the first two quarters each unit…
A: Sales revenue = Number of units sold x sales price per unit.
Q: Last year, Garrison Manufacturing sold 500 000 units at $4 each. Sales volume is expected to…
A: Formula used: Sales revenue = Sales units x Sales price per unit.
Q: Paymore Products places orders for goods equal to 75% of its sales forecast in the next quarter…
A: Quater First Second third fourth Source of cash Cash at start of the period $40 $40…
Q: 1. Estimated unit sales for the first quarter of 2021 is 40,000 units and expected to increase 10%…
A: NOTE : As per BARTLEBY guidelines, when multiple questions are given then first question is to be…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- If the sales forecast estimates that 50,000 units of product will be sold during the following year, should the factory plan on manufacturing 50,000 units in the coming year? Explain.How many units are estimated to be sold if Kino, Inc., has planned production of 750,000 units, a desired beginning inventory of 30,000 units, and a desired ending inventory of 45,000 units?The following table presents sales forecasts for Golden Gelt Giftware. The unit price is $30. The unit cost of the giftware is $25. Year Unit Sales 20, 000 2. 31, 200 14, 900 5, 700 Thereafter It is expected that net working capital will amount to 25% of sales in the following year. For example, the store will need an initial (year 0) investment in working capital of 0.25 x 20,000 x $30 = $150,000. Plant and equipment necessary to establish the giftware business will require an additional investment of $197,000. This investment will be depreciated in an asset class with a CCA rate of 25%. We will assume that the firm has other assets in this asset class. After 4 years, the equipment will have an economic and book value of zero. The firm's tax rate is 35%. The discount rate is 10%. What is the net present value of the project? (Round your answer to the nearest whole dollar amount.) NPV $
- Items purchased from a vendor cost $20 each, and the forecast for next year’s demand is 1,000 units. If it costs $5 every time an order is placed for more units and the storage cost is $4 per unit per year, a. What quantity should be ordered each time? b. What is the total ordering cost for a year? c. What is the total storage cost for a year?Mazon Inc. plans to sell 7,000 units each quarter next year. During the first two quarters each unit will sell for OMR12; during the last two quarters the sales price will increase OMR1.50 per unit. What is Mazon's estimated sales revenue for next year? Select one: a. OMR 397,000 b. OMR 357,000 c. OMR 378,000 d. OMR 336,000The following table presents sales forecasts for Golden Gelt Giftware. The unit price is $40. The unit cost of the giftware is $25. Year 1 2 3 4 Thereafter Unit Sales 22,000 30,000 14,000 5,000 0 It is expected that net working capital will amount to 20% of sales in the following year. For example, the store will need an initial (Year O) investment in working capital of 0.20 x 22,000 $40 = $176,000. Plant and equipment necessary to establish the giftware business will require an additional investment of $200,000. This investment will be depreciated straight-line over 3 years. After 4 years, the equipment will have an economic and book value of zero. The firm's tax rate is 30%. The discount rate is 20% . Use the MACRS depreciation schedule. a. What is the net present value of the project? Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount. b. By how much does NPV increase if the firm takes immediate 100% bonus depreciation? a. Net present…
- The following table presents sales forecasts for Golden Gelt Giftware. The unit price is $40. The unit cost of the giftware is $25. Year 1 2 3 4 Thereafter Unit Sales 22,000 30,000 14,000 5,000 0 It is expected that net working capital will amount to 20% of sales in the following year. For example, the store will need an initial (Year 0) investment in working capital of 0.20 x 22,000 x $40 = $176,000. Plant and equipment necessary to establish the giftware business will require an additional investment of $200,000. This investment will be depreciated straight-line over 3 years. After 4 years, the equipment will have an economic and book value of zero. The firm's tax rate is 30%. The discount rate is 20%. Use the MACRS depreciation schedule. a. What is the net present value of the project? Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount. b. By how much does NPV increase if the firm takes immediate 100% bonus depreciation? a. Net present…The following table presents sales forecasts for Golden Gelt Giftware. The unit price is $40. The unit cost of the giftware is $25. Year 1 2 3 4 Thereafter Unit Sales 22,000 30,000 14,000 5,000 0 It is expected that net working capital will amount to 20% of sales in the following year. For example, the store will need an initial (Year O) investment in working capital of 0.20 × 22,000 × $40 = $176,000. Plant and equipment necessary to establish the giftware business will require an additional investment of $200,000. This investment will be depreciated straight-line over 3 years. The firm's tax rate is 30%. The discount rate is 20%. a. What is the net present value of the project? Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount. b. By how much does NPV increase if the firm takes immediate 100% bonus depreciation? a. Net present value b. Increase in NPV $ 284,622Assume that next year, management wants the company to earn a minimum profit of $ 500,000. How many units will have to sold to meet this target profit figure?
- The following table presents sales forecasts for Golden Gelt Giftware. The unit price is $40. The unit cost of the giftware is $25. Year Unit Sales 1 22,000 2 30,000 3 14,000 4 5,000 Thereafter 0 It is expected that net working capital will amount to 20% of sales in the following year. For example, the store will need an initial (Year 0) investment in working capital of 0.20 × 22,000 × $40 = $176,000. Plant and equipment necessary to establish the giftware business will require an additional investment of $200,000. This investment will be depreciated using MACRS and a 3-year life. After 4 years, the equipment will have an economic and book value of zero. The firm’s tax rate is 30%. The discount rate is 20%. Use the MACRS depreciation schedule. a. What is the net present value of the project? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.)1. For a new product, sales volume in the first year is estimated to be 75,000 units and is projected to grow at a rate of 6.6% per year. The selling price is $100 and will increase by $10 each year. Per-unit variable costs are $20 and annual fixed costs are $1,000,000. Per-unit costs are expected to increase 4.25% per year. Fixed costs are expected to increase 10% per year. Develop a spreadsheet model to predict the net present value of profit over a three-year period, assuming a 4% discount rate. Note: Please include the Excel worksheet with all the details with your answer.A firm estimates that it will sell 100,000 units of its sole product in the coming period. It projects the sales price at P40 per unit, the CM ratio at 70 percent, and profit at P500,000. What is the firm budgeting for fixed costs in the coming period?