se the information in the flexible budget to evaluate the choice of new locations for the month of March. Should these locations continue to be served or should Franci look for other places to operate his truck

Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Selling price per unit Variable expense per unit Fixed expense per month Unit sales per month $ 1 Margin of safety (in dollars) 2. Margin of safety percentage 27 $ 12 $ 12,300 978 Required: 1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (i.e. 1234 should be entered as 12.34).)

The Fantasy Gifts Company, a maker of Holiday novelties, needs your help immediately. The company's accountant resigned without leaving adequate records or explanations for what she did. In reviewing the records, you find the following information for May:          Materials Purchased 29,000 units   Materials Used 19,500 units     You find a copy of the budget which shows that materials were budgeted at $0.50/unit. You know that the material price variance is recorded at the time of purchase and you find some handwritten notes among the accountant's work papers, which indicate the following:           Material price variance $ 290 F Material efficiency  variance $ 1,050 F   What was the total standard cost of direct materials allowed during May?   Multiple Choice   $8,526.   $10,800.   $8,700.   $10,584.

After you prepared the operating budget for the first quarter, Lockden learned that one of the two molding machines used by the company needs a major overhaul soon. Since the company is considering cost reduction strategies in response to the economic uncertainty, this news was unfavorable. But Lockden realized that the overhaul is important and has decided to do the overhaul during the first quarter of 2020. The overhaul will cost US$100,000,7 and the machine will not be operational during the overhaul (i.e., the entire duration of the first quarter). The company is exploring the viability of the following options to handle this operational challenge: Option 1: Lockitt, Inc. will run the functional molding machine two shifts per day, instead of one. Since LB075 labor is paid hourly, this proposal will not change the labor hours required. But the company must pay a higher wage rate to the employees in the second shift, causing the average LB075 rate to increase to $45 per hour.…

Eliot Sprinkler Systems produces equipment for lawn irrigation. One of the parts used in selected Eliot equipment is a specialty nozzle. The budgeting team is now determining the purchase requirements and monthly cash disbursements for this part. Eliot wishes to have in stock enough nozzles to use for the coming month. On August 1, the company has 16,800 nozzles in stock, although the latest estimate for August production indicates a requirement for only 15,000 nozzles. Total uses of the nozzle are expected to be 14,700 in September and 15,540 in October. Nozzles are purchased at a wholesale price of $8. Eliot pays 25 percent of the purchase price in cash in the month when the parts are delivered. The remaining 75 percent is paid in the following month. Eliot purchased 21,000 parts in July. Required: a. Estimate purchases of the nozzle (in units) for August and September. b. Estimate the cash disbursements for nozzles in August and September.

Alyeski Tours operates day tours of coastal glaciers in Alaska on its tour boat the Blue Glacier. Management has identified two cost drivers—the number of cruises and the number of passengers—that it uses in its budgeting and performance reports. The company publishes a schedule of day cruises that it may supplement with special sailings if there is sufficient demand. Up to 86 passengers can be accommodated on the tour boat. Data concerning the company’s cost formulas appear below:     Fixed Cost per Month Cost per Cruise Cost per Passenger Vessel operating costs $ 6,600 $ 479.00 $ 3.00 Advertising $ 2,700     Administrative costs $ 5,900 $ 37.00 $ 1.50 Insurance $ 3,500       For example, vessel operating costs should be $6,600 per month plus $479.00 per cruise plus $3.00 per passenger. The company’s sales should average $29.00 per passenger. In July, the company provided 57 cruises for a total of 3,050 passengers. Required: Prepare the company’s flexible budget for…

Please Do Not Give Solution In Image Format And fast answering please and explain proper steps by Step.?

The salespeople at Larkspur, a notebook manufacturer, commonly pressured operations managers to keep costs down so the company could give bigger discounts to large customers. David, the operations supervisor, leaked the $0.80 total unit cost to salespeople, who were thrilled, since that was slightly lower than the previous year's unit cost. Budgets were not yet finalized for the upcoming year, so it was unclear what the target unit cost would be. David knew the current year's operating capacity was two million notebooks, and Larkspur produced and sold just that many. The detailed breakdown of the $0.80 total unit cost is as follows. Direct material Direct labor Variable overhead Fixed overhead Total cost per unit $0.05 0.20 0.15 0.40 $0.80

Jason is in the furniture business. He observed increasing demand for office chairs, and strongly anticipates even better results in the next quarter. Jason decides to reconsider his production plans, and he comes up with the following production budget for the second quarter: April May June 600 units 650 units 710 units A Jason determines that every unit needs 2 hours of direct labor (DL) time. He pays $24 per hour to his daily wage workers. Considering the given information, which of the following is correct? O For the second quarter. total DL hours and total DL cost will be 3980 and $92640 respectively. O For the second quarter, total DL hours and total DL cost will be 1200 and $28800 respectively. O For the second quarter, total DL hours and total DL cost will be 3920 and $94080 respectively. O For the second quarter, total DL hours and total DL cost will be 1300 and $31200 respectively.

The consulting company Clark Robinson and Morton CRM is in that never ending budgeting phase of the year. Realizing that they couldn't defer a technology update any longer the managers planned to replace all of the computers in the office. The old computers will be sold for market value. When the new computer has reached the end of their useful lives there will be sold as well. The cost of the combined new computers and annual software update should be more efficiency gains and increased volumes of sales at least that's what the managers are expecting. Information related to this investment is as follows. Cost of no computers $25,400. Salvage value of no computers at end of useful life 2400 dollars. Life of no computers in years five. Market value of all computers today equal to book value 1900 dollars. Annual software update costs necessary for all computers old or $3200. Annual operating cash inflows from efficiency gains and increased sales due to no computers $9600. Minimum…