Jack Sparrow is the owner of Captain Jack’s Seafood. It is open seven days a week. Jack monitors three revenue sources in his operation. These three sources are the dining room, the bar, and his carryout operation. Jack finished tallying his February 2013 sales. He wishes to compare his revenue to that achieved in the prior year. Complete his sales summary, calculating your percentage answers to one decimal place, and then correctly answer the questions that follow:   Feb 2012 Feb 2013 $ Variance % Variance Captain Jacks         Dining room 195,750 192,550     Bar 35,550 36,520     Carry-out 16,500 16,250     Total revenue

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Check My Work (2 remaining) The manager of an automobile dealership is considering a new bonus plan designed to increase sales volume. Currently, the mean sales volume is 24 automobiles per month. The manager wants to conduct a research study to see whether the new bonus plan increases sales volume. TO collect data on the plan, a sample of sales personnel will be allowed to sell under the new bonus plan for a one-month period. a. Which form of the null and alternative hypotheses most appropriate for this situation? Ho: A is -Select your answer - H.: P is - Select your answer - b. Select the conclusion when Ho cannot be rejected. Select your answer - c. Select the conclusion when Ho can be rejected. -Select Your answer -

q2: Junko Company manufactures financial calculators and produced 97,000 units during the year. The finished goods inventory was 1,260 units on January 1 and 1,040 units on December 31. The average unit cost is $118, what was the cost of goods manufactured and the cost of goods sold for the year? Please choose the correct option and show your calculation to validate your selection: A. $11,446,000 & $11,471,960 B. $10,839,680 & $11,446,000 C. $11,446,000 & $12,839,680 D. $10,888,240 & $11,446,000

The following data pertain to the Waikiki Sands Hotel for the month of March. Banquets and Catering Restaurants thousands)* $ 694 1,848 (98) (720) (726) (143) (140) (87) (90) (102) (111) *Numbers without parentheses denote profit; numbers with parentheses denote expenses. Required: Based on Exhibit 12-4, prepare a March performance report. For the year-to-date columns in your report, use the data given in Exhibit 12-4. You will need to update those figures using the March data given above. Note: Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable. Select "None" and enter "O" for no effect (1.e., zero variance). Enter your answers in thousands. Kitchen staff wages Food Paper products Variable overhead Fixed overhead Food and Beverage Department Banquets & Catering Restaurants Kitchen Total profit Kitchen Flexible Budget March (in Actual Results March (in thousands)* $ 680 Kitchen staff wages Food Paper products Variable overhead Fixed overhead Total…

Great ​Bubbles, Inc. produces multicolored bubble solution used for weddings and other events. The company sold 70,000 bubble kits during August​, and its actual operating income was as​ follows:   Data table:   Great Bubbles, Inc. Income Statement Month Ended August 31 Sales revenue. . . . . . . . . . . . . . . . $214,500 Variable expenses:   Cost of goods sold. . . . . $84,100 Sales commissions. . . . 19,000 Utility expense. . . . . . . . 10,500 Fixed expenses:   Salary expense. . . . . . . 35,100 Depreciation expense. . . 18,000 Rent expense. . . . . . . . . 8,850 Utility expense. . . . . . . . 6,000 Total expenses. . . . . . . . . . . . . . . $181,550 Operating income. . . . . . . . . . . . . $32,950   The​ company's flexible budget income statement for August follows: Data table:   Great Bubbles, Inc. Flexible Budget Income Statement Month Ended August 31     Flexible…

Pelotoni Dips Inc. manufactures a single product that has become very popular in the Windsor area.  The income statement for the most recent three months prior to taxes are as follows: Pelotini Dips Inc. Income Statement Quarterly Statement ending March 31, 2021             Q1 Q2 Q3 Q4 Sales in Units 4,400 4,000 5,000 4,600           Sales Revenues  $440,000  $400,000  $500,000  $460,000 Less:COGS  $264,000  $240,000  $300,000  $276,000 Gross Margin  $176,000  $160,000  $200,000  $184,000 Less: Expenses         Advertising  $  21,000  $  21,000  $  21,000  $  21,000 Shipping   $  35,000  $  34,000  $  38,000  $  36,000 Salaries and Commissions  $  83,000  $  78,000  $  90,000  $  85,000 Insurance  $    6,000  $    6,000  $    6,000  $    6,000 Depreciation  $  15,000  $  15,000  $  15,000  $  15,000 Total Operating Expenses  $160,000  $154,000  $170,000  $163,000           Net Income (before taxes)  $  16,000  $    6,000  $  30,000  $  21,000…

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Summarized below are the Income and Expenditure forecasts of Preston Company for the months of March to August 2007.   Sales(all credit sales) Purchases(all credit purchases) Wages Manufacturing Expenses Office Expenses Selling Expenses March 60,000 36,000  9,000      4,000   2,000  4,000 April 62,000 38,000  8,000      3,000   1,500  5,000 May 64,000 33,000 10,000      4,500   2,500  4,500 June 58,000 35,000   8,500      3,500   2,000  3,500 July 56,000 39,000   9,500      4,000   1,000  4,500 August 60,000 34,000   8,000      3,000   1,500   4,500   You are given the following further information. Plant costing $16,000 is due for delivery in July payable 10% on delivery and the balance after three months. Advance tax of $8,000 is payable in March and also the same amount of tax is payable in June. Period of credit allowed (i) by suppliers is 2 months and (ii) to…

Wild Bears, Inc., a company in Alaska, is reviewing its financial reports for the year 2013. They specialize in providing bike rentals and tours throughout a small Alaskan village. Total sales for the year were $250,000, with average sales of $62,500 per quarter. How would you expect Q1 sales to compare to the average level of sales per quarter?