In the previous year, Company E sold 10,000 units for $328,000. In the coming year they are anticipating selling 20% more units than last year. Assuming they do not change their selling price, what is their budgeted revenue for the upcoming year?
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In the previous year, Company E sold 10,000 units for $328,000. In the coming year they are anticipating selling 20% more units than last year. Assuming they do not change their selling price, what is their budgeted revenue for the upcoming year?
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- Assume that next year, management wants the company to earn a minimum profit of $ 500,000. How many units will have to sold to meet this target profit figure?The company produced and sold 14,000 units last year with sales price of $50 per unit and unit variable cost of $20. Fixed cost totaled $220,000. In the coming year, the company expects price to decrease by 10%. If the company wants to maintain the same level of income, what will be the new sales level (in units) is required?A firm estimates that it will sell 100,000 units of its sole product in the coming period. It projects the sales price at P40 per unit, the CM ratio at 70 percent, and profit at P500,000. What is the firm budgeting for fixed costs in the coming period?
- The forecasted sales of ABC Retailer Inc. for the first quarter of 2020 is 8,000 units at P100 per unit. The sales price will increase by 1% but sales volume will decrease by 0.5% each quarter for the same year. Based on a flexible budget, the cost of sale is P 55 per unit, variable operating cost is P10 per unit and total fixed operating cost is P90,000. How much is the forecasted operating income of ABC for the second quarter?Heathshoe Limited had profits before tax of 873,334 in the current year, which represented 25% of sales for the year. Next year, they are budgeting that sales are expected to increase by 20% and costs will increase by 15%. What is the budgeted profit?Cyber Security Systems had sales of 4,600 units at $65 per unit last year. The marketing manager projects a 30 percent increase in unit volume sales this year with a 40 percent price increase. Returned merchandise will represent 5 percent of total sales. What is your net dollar sales projection for this year?
- Dodge Ball Bearings had sales of 12,000 units at $80 per unit last year. The marketing manager projects a 30 percent increase in unit volume sales this year with a 15 percent price decrease (due to a price reduction by a competitor). Returned merchandise will represent 7 percent of total sales. What is your net dollar sales projection for this year?The company produced and sold 178,000 units forb$15 each last year. The company believes that the volume will increase by 30$ and the company plans to decrease price by 10% The new sales revenue will be?Violet Sales Corp, reports the year-end information from 2023 as follows: Sales (35,500 units) $284,000 Cost of goods sold 105,000 Gross margin 179,000 Operating expenses 152,000 Operating income $27,000 Violet is developing the 2024 budget. In 2024 the company would like to increase selling prices by 3.5%, and as a result expects a decrease in sales volume of 14%. All other operating expenses are expected to remain constant. Assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. What is budgeted sales for 2024?
- Items purchased from a vendor cost $20 each, and the forecast for next year’s demand is 1,000 units. If it costs $5 every time an order is placed for more units and the storage cost is $4 per unit per year, a. What quantity should be ordered each time? b. What is the total ordering cost for a year? c. What is the total storage cost for a year?Dodge Ball Bearings had sales of 14,000 units at $70 per unit last year. The marketing manager projects a 15 percent increase in unit volume sales this year with a 10 percent price decrease (due to a price reduction by a competitor). Returned merchandise will represent 10 percent of total sales. What is your net dollar sales projection for this year? Net salesROS Corporation sold 9,000 flashlight umbrellas in 2020. Their expected units to be sold this year is 10,000 units. What is the percentage change in sales volume? The variable expenses of wearable air purifiers last year amounted to Php500,000. The entrepreneur projects a 2.25% increase in sales volume. What is the projected variable expense?