Problem 5 Rachel Crib Shop had sales of 3,000 units at P200 per unit last year. The marketing manager projects a 20 percent increase in unit volume this year with a 10 percent price increase. Returned merchandise will represent five percent of total sales. What is your net peso sales projection for this year?
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- Exercise 13-26 (Algo) Estimate Sales Revenues (LO 13-3) Larson, Inc., manufactures backpacks. Last year, it sold 105,000 of its basic model for $20 per unit. The company estimates that this volume represents a 30 percent share of the current market. The market is expected to increase by 10 percent next year. Marketing specialists have determined that as a result of new competition, the company’s market share will fall to 25 percent (of this larger market). Due to changes in prices, the new price for the backpacks will be $17 per unit. This new price is expected to be in line with the competition and have no effect on the volume estimates. Required: Estimate Larson’s sales revenues from this model of backpack for the coming year.Ch. 8 Homework 2 Please solve and explain the following problem Croy Inc. has the following projected sales for the next five months: MonthSales in UnitsApril 3,850May 3,875June 4,260July 4,135August 3,590 Croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. Direct material costs $3.10 per pound, and each unit requires 2 pounds. Raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. Raw materials on hand at March 31 totaled 3,865 pounds. 1) Determine budgeted production for April, May, and June. 2) Determine the budgeted cost of materials purchased for April, May, and June30. Delta’s policy is to keep 20% of next month’s sales in ending inventory. If sales in April are expected to be 5,800 units, and sales in May are expected to be 8,000 units, how many units should be produced in April? Multiple Choice a)5,360 b)3,040 c)some other answer d)6,240 e)8,560
- Question A2 A business has forecast sales of its new product to be 21,000 units in the first year. The product will sell for £21 per unit and has variable production costs of £7. Fixed costs have been budgeted at £252,000. What is the margin of safety for the new product as a percentage (round to 2d.p.)Q. 5) Samara Company is the exclusive distributor for a revolutionary bookbag. The productsells for $60 per unit and has a CM ratio of 40%. The company’s fixed expenses are $360,000 peryear. The company plans to sell 17,000 bookbags this year. Required:1. What are the variable expenses per unit?2. Using the equation method:a. What is the break-even point in units and in sales dollars?b. What sales level in units and in sales dollars is required to earn an annual profit of$90,000?c. Assume that through negotiation with the manufacturer the Samara Company is ableto reduce its variable expenses by $3 per unit. What is the company’s new break-evenpoint in units and in sales dollars?3. Repeat (2) above using the formula method.Question 18 Omni Co. Manufactures I Phones. The selling price per unit is $240, the variable cost ratio is 65% and fixed costs are $40,000. Omni is currently selling 600 units during the month of January.2. For next month, Omni is planning to increase its advertising budget by $9,000, which is expected to increase monthly sales by $30,000. Calculate the expected operating income for next month
- #29 Basic Illustration Corp. produces and sells a single product. The selling price is P25 and the variable costs is P15 per unit. The corporation's fixed costs is P100,000 per month. Average monthly sales is 11,000 units. If selling price will increase to P30, the break-even point in units will Group of answer choices remain unchanged. decrease by P166,666.75 decrease to 6,666.67 decrease by 6,666.67Question 7 Landon Inc. projected sales of 31,000 personal journals for 20Y6. The estimated January 1, 20Y6, inventory is 2,200 units, and the desired December 31, 20Y6, inventory is 3,000 units. What is the budgeted production (in units) for 20Y6?fill in the blank 1 units38 Slosh Cleaning Corporation services both residential and commercial customers. Slosh expects the following operating results next year for each type of customer: Residential Commercial Sales P60,000 P140,000Contribution margin ratio 50% 30% Slosh expects to have P50,000 in fixed expenses next year. What would Slosh's peso sales revenues from Commercial customers have to be next year in order to generate a profit of P166,000?
- 13. Danner Inc. has projected sales to be $100,000 in June, $90,000 in July, and $70,000 in August. Danner collects 50% of a month's sales in the month of sale, 30% in the month following the sale, and 18% in the second month following the sale. Cash collections in August would be Group of answer choices $82,000 $78,000. $35,000. $86,000. $62,000. $76,000 $80,000Ch. 8 Question 5 (a) Please solve and explain the following problem. Shadee Corp. expects to sell 600 sun visors in May and 800 in June. Each visor sells for $18. Shadee’s beginning and ending finished goods inventories for May are 75 and 50 units, respectively. Ending finished goods inventory for June will be 60 units. Suppose that each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $9 per hour. Required: Determine Shadee's budgeted direct labor cost for May and June