Business, 12.06.2020 19:57, eguilford4438
Steve Corporation is using the kaizen approach to budgeting for 2018. The budgeted income statement for January 2018 is as follows: Sales (240,000 units) $360,000 Less: Cost of goods sold 240,000 Gross margin 120,000 Operating expenses (includes $32,000 of fixed costs) 96,000 Net income $ 24,000 Under the kaizen approach, cost of goods sold and variable operating expenses are budgeted to decline by 1% per month. Required: Prepare a kaizen-based budgeted income statement for March of 2018.
Answers: 2
Business, 22.06.2019 10:30, natajaeecarr
Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?
Answers: 2
Business, 22.06.2019 10:50, jadeafrias
You are evaluating two different silicon wafer milling machines. the techron i costs $285,000, has a three-year life, and has pretax operating costs of $78,000 per year. the techron ii costs $495,000, has a five-year life, and has pretax operating costs of $45,000 per year. for both milling machines, use straight-line depreciation to zero over the project’s life and assume a salvage value of $55,000. if your tax rate is 24 percent and your discount rate is 11 percent, compute the eac for both machines.
Answers: 3
Business, 22.06.2019 20:00, enriqueliz1680
Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396
Answers: 3
Steve Corporation is using the kaizen approach to budgeting for 2018. The budgeted income statement...
Chemistry, 01.06.2020 09:57
Mathematics, 01.06.2020 09:57
English, 01.06.2020 09:57
Mathematics, 01.06.2020 09:57
English, 01.06.2020 09:57