How many units of Material X is NUBD planning to purchase during September 2021? NUBD Company us budgeting sales of 100,000 units of Product Excellence for themonth of September 2021. Production of one unit of Product Excellence requires twounits of material X and three units of material Y. Actual inventory of units atSeptember 30 are as follows:Product ExcellenceMaterial XMaterial YActual Inventory - Sept. 120,00025,00022,000Budgeted Inventory - Sept. 3010,00018,00024,000

Solution: Budgeted production for Product Excellence for September = Budgeted sales + Desired ending…

Answered: NUBD Company us budgeting sales of…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

2) solve following questions a) Determine the fixed capital investment of the acetic acid producing facility, which was established in 2020 with a capacity of 15 million kg/year. b) 2 million kg of product is produced annually in a chemical process. The annual product cost of this process is 4 million TL. If the annual production cost is 3 million TL, determine the general expenses for 1 kg of product.
The definitive study for a sulphuric acid plant that is to be commissioned at end-December 2024 has a capital commitment of $185 million (in Dec 2024 dollars). That plant is designed to produce 30,000 tonnes per annum of H2SO4. I am pricing a H2SO4 plant to produce 25,000 tonnes per annum in my Dec 2022 study. CPI forecasts suggest that the inflation rate over the next two years will be 2.1% per annum. Using the 6/tenths rule, calculate the approximate capital cost of the 25,000tpa plant in Dec 2022 money terms.
You are considering the purchase of an industrial building for $10,450,000 today. Below, you are given the information you need to analyze the investment and decide how to proceed. Your expectations for this stabilized property include the following: first-year potential gross income of $2,050,000; vacancy and collection losses equal to 4% of potential gross income; operating expenses equal to 30% of effective gross income; and capital expenditures equal to 6% of EGI. You have arranged a mortgage loan with 60% LTV and an annual interest rate of 2.5%. The loan will be amortized over 15 years. Calculate the following for comparison to other similar properties: (a) Capitalization rate? (b) Effective gross income multiplier? 7 (c) Operating expense ratio? Can someone help me using excel?
On August 1, 2024, Reliable Software began developing a software program to allow individuals to customize their investment portfolios. Technological feasibility was established on January 31, 2025, and the program was available for release on March 31, 2025. Development costs were incurred as follows: August 1 through December 31, 2024 January 1 through January 31, 2025 February 1 through March 31, 2025 $ 6,300,000 1,200,000 1,600,000 Reliable expects a service life of five years for the software and total revenues of $8,000,000 during that time. During 2025, revenue of $2,000,000 was recognized. Required: 1. Prepare the journal entries to record the development costs in 2024 and 2025. 2. Calculate the required amortization for 2025. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entries to record the development costs in 2024 and 2025. Note: If no entry is required for a transaction/event, select "No journal entry…
Early In 2021, the Excalibur Company began developing a new software package to be marketed. The project was completed in December 2021 at a cost of $13 million. Of this amount, $10 million was spent before technological feasibility was established. Excalibur expects a useful life of five years for the new product with total revenues of $16 million. During 2022, revenue of $4 million was recognized. Required: Prepare a journal entry to record the 2021 development costs. (If no entry is required for a transaction/event, select "No Journal entry required" in the first account field. Enter your answers in whole dollar not in millions.) View transaction list Journal entry worksheet < 1 Record the 2021 development costs. Note: Enter debits before credits. Transaction 1 Record entry General Journal Clear entry Debit Credit View general journal A
US Qui Question 1- Inventory Management (LO3) Simeon runs a business that imports tables from China for sale in the UK. The supplier sells these to Simeon in batches of 1,000 units. Historically sales demand has been stable and relatively even throughout the year, at a rate of 2,500 units per month (2018 to 2020). In the period January to June 2021 however this increased to 3,000 per month, and they have run out of stock every month as a result. They have estimated that each stock out has cost them £1,000 each in lost business. Simeon has had this problem before in 2018 (6 stock outs) and 2019 (3 stock outs) but in 2020 he had fixed the problem and achieved no stock out events. Each batch, including shipping and taxes costs £2,500. The cost of placing and processing each order, regardless of quantity, is £100. Records show the following average stock holdings and associated costs: 2018 500 units £1,200 2019 750 units £1,700 2020 1,250 units £2,700 Required:
6. An elective project is currently under review. One alternative requires an initial investment of $116,000 for equipment. The profit is expected to be $28,000 each year, over the 6-year project period. The salvage value of the equipment at the end of the project period is projected to be $22,000. A second alternative requires an initial investment of $60,000 for equipment. The profit is projected to be $16,000 each year, over the 6-year project period. The salvage value of the equipment at the end of the project period is projected to be $14,000. The IRR of this alternative is 18.69%. Determine which alternative is preferred using the appropriate IRR method. Assume a MARR of 10%. Justify your recommendation, based on this method.
What's the working for the first section $49,900?
How do I create a vertical analysis of yeti 2 year performance?
The terminal cap rate used for valuation purposes in a DCF is fundamentally different than the discount rate used in that same DCF. The assumed sale of the property takes place at the end of your hold period, generally 10 years later in most models. The property is older and the market and the economy have changed. With that said, what do you believe to be the right approach for terminal cap rate selection in a DCF on a development project and why?
Where does the 60% come from? on part a Step 2?
. Given the following information of a three-year IT project of Muscat Solutions LLC. Calculate cost variance (CV), schedule variance (SV), cost performance index (CPI), and schedule performance index (SPI) for the given project. Justify the results. Planned Value, PV = $ 43000 Earned Value, EV = $ 27000 Actual Cost, AC = $ 65000

Recommended textbooks for you

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…

Accounting

ISBN:

9780134475585

Author:

Srikant M. Datar, Madhav V. Rajan

Publisher:

PEARSON

Intermediate Accounting

Accounting

ISBN:

9781259722660

Author:

J. David Spiceland, Mark W. Nelson, Wayne M Thomas

Publisher:

McGraw-Hill Education

Financial and Managerial Accounting

Accounting

ISBN:

9781259726705

Author:

John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS