2. Calculate the budgeted overhead allocation rates for weaving and dyeing. 3. Calculate the budgeted unit cost of a blue rug for the year. 4. Prepare a revenues budget for blue rugs for the year, assuming Xander sells (a) 200,000 or (b) 185,000 blue rugs (that is, at two different sales levels). 5. Calculate the budgeted cost of goods sold for blue rugs under each sales assumption. 6. Find the budgeted gross margin for blue rugs under each sales assumption. 7. What actions
organization issues. With more inventories, the price of a company’s insurance will most likely rise. The amount of space taken up by hay wire and cattle fence is an issue. This is an issue of opportunity cost. By choosing to have this particular item in stock instead of a more profitable product you incur a cost. In the summer ranchers typically put their cattle on pasture ground so the demand for cattle feed is low. It can be like that for most farm animals including; horses, sheep, and goats. This is huge
South Delaware Coors, Inc | | | Case # 4 South Delaware Coors, Inc. 10/28/2008 Problem Statement Which research studies should Larry ask Mason and Associates to complete? Upon consideration of the research study results, is this new business venture a go? Alternatives Larry has several different options to choose from with respect to research studies that can be completed. As long as he stays at or under his $15,000 budget he can request that any combination of studies
Product | Sizes | PRICE | JANUARY-FEBUARY | MARCH-APRIL | MAY-JUNE | | | | | | | Lemon | | | AVE.SALES VOLUME | AVERAGE SALES PER DAY | NUM. OF DAYS | TOTAL | AVE.SALES VOLUME | AVERAGE SALES PER DAY | NUM. OF DAYS | TOTAL | AVE.SALES VOLUME | AVERAGE SALES PER DAY | NUM. OF DAYS | TOTAL | | | | | | | | | | | | | | | | | 250ml | 20 | 10 | 200 | 52 | 10,400.00 | 12 | 240 | 53 | 12,720.00 | 14 | 280 | 53 | 14,840.00 | | 500ml
expectations and beliefs shared by the staff and managers of the business. * Location: prime locations = customer convenience + visibility * Management: ability to adapt to changing consumer needs and market conditions. * Product: types of goods and services produced, how created and monitored. * Resource management: employees, knowledge and data requirements, equipment and funds. Stakeholder: any individual or group who has an interest in or is affected by the activities of a business
As consultants of The Real Time, our mission is to effectively provide a neutral and unbiased synopsis of the events that have unfolded in the Lee v. Disney case, as well as give the reader the important details involved in the case. The primary discussion points in this case analysis will be as follows: • A Brief Account of the Facts • The Legal Analysis of the Suit • Breach of Contract • Invasion of Privacy • Disney’s Customs, Practice, and Usage • The Financial Analysis of Peggy Lee’s Claim •
provides Mr. Milligan with information about his annual sales, cost of goods sold, gross profit, and markup on this products. Preparing the worksheet for Mr. Milligan requires you to insert columns, use several functions, and apply proper formatting to the
Required: 1. In the summary of significant accounting policies, what is American Eagle's procedure in accounting for inventory? pA-12 AE evaluates merchandise inventory at the lower of average cost or market, utilizing retail method. Average cost includes merchandise design and sourcing costs and related expenses. AE records merchandise receipts at the time merchandise is delivered to the foreign shipping port by the manufacturer; at this point the title and risk of loss is transferred to
Gross profit, net profit and return on capital employed (ROCE). As we can see from the gross profit of 2014 is 0.67% higher than 2013. Gross profit is the profit of the company that deduct the cost of goods sold by revenue. This means that the revenue of the company in 2014 is higher and the cost of goods
received within 30 days. that there is a 2% discount if payment is received within 10 days. there is a 10% discount if paid immediately and 2% if paid within 30 days. 2 of 25 Family Food Stores purchased canned goods at an invoice price of $3,000 and terms of 2/10, n/30. Half of the goods had been mislabeled and were returned immediately to the supplier. If Family Food pays the remaining amount of the invoice within the discount period, the amount paid should be: $1,440. $1,470. $2,940. $3,000