Provided that you have received start-up funding of    R250 000.00, prepare a forecast where costs associated with required business resources are outline and create a budget for the first two months of the business. Calculate the break-even point.

Q: Taylor corpration is analyzing the cost behavior of three cost items, A, B, and C, to budget for the…

A: Fixed expenses are the expenses which remains same irrespective of the level of output. Variable…

Q: During the last 5 years, the advertising manager for a corporation has gathered the following data…

A: As per the given question, the trend of the advertising cost is unusual it means it is keep changing…

Q: You are beginning your own business and developed a budget based on modest sales and expense…

A: Difference arises in the actual sales & expense and budgeted sales & expense is known as…

Q: Squillace Corporation uses customers served as its measure of activity. During October, the company…

A: RevenuePlanning Budget=$3.80Q=$3.80×38,000=$144,400

Q: Using sensitivity analysis Holly Company prepared the following budgeted income statement for the…

A: Requirement 1:   In order to prepare the budgeted income statement as in Option1, the sales revenue…

Q: Arberg Company s controller prepared the following budgeted income statement for the coming year:…

A: The break even sales are the sales where business earns no profit no loss during the period.

Q: A company has the following budget formula for annual electricity expense in its shop:…

A: Introduction:- Expense = P 7,200 + (P0.60 x units produced) Here, Fixed P7,200 Variable cost per…

Q: Imagine the marketing team has an annual budget for 2022 of $500k. Using the table below, create a…

A: ACTUAL SPENDING AT THE END OF Q2 OF YEAR2022: ITEMS ACTUAL SPENDING REVISIONIST HISTORY $24000…

Q: Walton Corporation, which has three divisions, is preparing its sales budget. Each division expects…

A: Sales budget means amount of sales that is estimated for the business.

Q: Match each definition with its related term by selecting the appropriate term in the dropdown…

A:

Q: The firm’s tentative budget for next year includes: Sales- ₱400,000; Variable Expenses-₱250,000;…

A: Budgeted net income is the amount of net income which is estimated by a business to be earned in the…

Q: A company prepares the master budget by taking each division manager's estimate of revenues and…

A: Managers that use this technique run the risk of underestimating expectations and exceeding them. In…

Q: Consider the following budgets and budget types. 1 (Click the icon to view the budgets and budget…

A: Budgeting is an activity which involves planning or estimating at various methods and functions.

Q: Armati, Inc., is looking for feedback on company performance. The company compares the budget for…

A: Calculation of Flexible budget variance for total cost :- Flexible budget variance = Budgeted cost -…

Q: Which of the following would be considered a mixed cost in the Selling & Administrative Expense…

A: Mixed cost is that type of costs in which fixed cost and variable costs both components are there.…

Q: Mae Company prepared the following preliminary budget assuming no advertising expenditures: Selling…

A: Increased Sale price per unit=Sale price ×100+15%=P 10×115%=P 11.5

Q: Borys budgeted salary in Jan for recruiting hosts activities is 66,000 and the actual salary for…

A: The budgeted salary is the amount of estimated amount of salary. The estimates can be different from…

Q: Using sensitivity analysis Caputo Company prepared the following budgeted income statement for the…

A: Sensitivity analysis is a what-if’ analysis based financial model that determines how the variables…

Q: QC Corp has the following budget amounts for the current year: $1,100,000 for prevention costs and…

A: given that, $1,100,000 for prevention costs $880,000 for appraisal costs  external failure has a…

Q: Mega Empire Bhd. is in the inital stages of preparing the annual budget for next year. Danial, has…

A: Hey, since there are multiple subpart questions posted, we will answer the first three questions. If…

Q: The controller of the Stump Company is preparing the budget for 2021 and needs to estimate a cost…

A: Variable cost per mile = Change in cost/Change in mile = ($5400-$3700)/(8000-3000) Variable cost per…

Q: Dakota Co. has prepared the following flexible budget for the coming year. The budgeted level of…

A: Budgeted Cost: In business, a budgeted cost is an estimate of the expenditures that a firm…

Q: Assume Marcella and the board adopted the spreadsheet prepared to forecast operations at 890,000…

A: Budget is an important tool of foresting and control Budgets help management to check if things are…

Q: The master budget of Sheridan Company shows that the planned activity level for next year is…

A: Total variable costs = Indirect labor + Machine supplies + Indirect materials = $720000 + 180000 +…

Q: From the following information which relates to George and Zola, prepare a month by month cash…

A: The following are the key points to be made The closing balance of previous month is the opening…

Q: Preparing a flexible budget performance report Cell Plus Technologies manufactures capacitors for…

A:

Q: Summer Company's static budget is based on a planned activity level of 25,000 units. At the same…

A: A static budget is a budget in which the amounts will not change even with significant changes in…

Q: The manager of the Dallas Division of Walking Tours of America is preparing the budget for 2021. At…

A: Contribution margin ratio = 1 - variable cost ratio        = 1 - 0.60 = 0.40 or 40%     20% return…

Q: Carousel Co. has prepared the following budget data: Sales, 150,000 units; selling price per unit,…

A: Carousel Co. has prepared the following budget data: Sales, 150,000 units; selling price per unit,…

Q: 91) Toward the end of the fiscal year, the owner of a small company came back from lunch concerned…

A: Following is the answer to given question

Q: /hat is the equation budget for each of the following - The first transaction means that Safia (the…

A: Solution- S no Assets                              =            Cash stock  asset…

Q: West Depot is a retaler that is preparing ks budget for the upcoming fiscal year. Management has…

A: Hi student Since there are multiple questions, we will answer only first question.

Q: The following are selected budgeted data for Green Company for the coming year: Budgeted sales…

A: Breakeven point is point at which no profit no loss, means total cost is equal to total revenue.…

Q: Prepare a 12-month Master Budget for a company of your choosing. It can be a company that you are…

A: Name of company           Sunshine Corporation Location of company           New York Name of…

Q: The following are selected budgeted data for Green Company for the coming year: Budgeted sales…

A: Margin of safety: Margin of safety is the point  after which profit will be happen in multiple of…

Q: Jim Bowden, owner of Bowden Brake Service, is planning to expand his six-year- old brake service to…

A: Breakeven Services = Total Fixed Cost / PV ratio PV ratio = Profit Volume ratio =100* Contribution /…

Q: Do my ans. In 45 minutes otherwise I will give you downvote

A:

Q: The divisional manager has decided to increase the advertising budget by $250,000. This will…

A: Operating income:   The profit earned from business activities after deduction of certain operating…

Q: The master budget of Vaughn Manufacturing shows that the planned activity level for next year is…

A: Total overhead costs are the cost incurred on the production or manufacture of the goods. These are…

Q: The master budget of Swifty Corporation shows that the planned activity level for next year is…

A: A flexible budget is a budget that includes all the flexibility and change in the output. In…

Q: You have just been hired into a management position which requires the application of your budgeting…

A:

Q: Please prepare a consolidated budget pivot table in Excel by budget class and year.  Please upload…

A: As required Excel has been shown here with all the required working

Q: ABC plc, a group operating retail stores, is compiling its budget statements for the next year. In…

A: Introduction:- ABC plc, a retailer, is putting out its financial statements for the coming year.…

Q: Prepare a complete projected income statement in the contribution format for each scenario, in the…

A: The income statement shows the profit or loss for the year. The income statement is the outcome of…

Q: The following information pertains to E Company, Budgeted sales -P1,000,000. Break even sales…

A: The margin of safety represents the difference between the forecasted amount of sales and the…