FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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How many units are estimated to be sold if ABC Co., has a planned production of 890,724, a desired beginning inventory of 160,000, and a desired ending inventory of 100,000 units?
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- A company that manufactures and sells a single product. Unit sales for each of the four quarters of 2020 are projected as follows: Quarter Units First 65600 Second 123000 Third 451000 Forth 98400 Total 738000 Teal incurs vairiable manufacturing costs of $0.40 per unit and variable non-manufacturing costs of $0.40 per unit. Teal will incur fixed manufacturing costs of $590,400 and fixed non-manufacturing costs of $885,600. Teal will sell its product for $4 per unit. A) Determine the Net Income using the Integral approach and the Discrete approach for each quarter on 2020 B) Using the information above, determine the Profit margins for each quarter of 2020 using both the Integral approach and the Discrete approach.arrow_forward54) For the current year ending April 30, MJW Company expects fixed costs of $70,000, a unit variable cost of $60, and a unit selling price of $95. (a) Compute the anticipated break-even sales (units). (b) Compute the sales (units) required to realize an operating profit of $8,000. (a) (b)arrow_forwardSpartans Inc gathered data on sales (in units) and costs ($) over the past 12 months (displayed below) and estimated its cost function as: Y = $2,395 + $34.81(X) Month January February March April May June July August September October November Sales (units) December 228 129 218 156 177 68 129 83 90 107 139 Costs ($) $10,332 $8,651 $11,294 $9,734 $10,006 $4,762 $6,837 $5,138 $8,004 $7,774 $10,869 $6,935 98 (data used to generate cost function) Over the next three months Spartans Inc. has forecasted units sales (in units) as shown below. Estimate the total costs to be incurred and indicate whether the cost function generates a reliable forecast valuearrow_forward
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