Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 4 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 08 Aug 2017 My Price 9.00

continuing operations

Week6-- Preparea Budget

Yourinstructorwillprovideanynecessaryfeedback tosupportyourprojectmovingforward.

 

Scenario

 

Managementhasreviewedyourreportandwouldliketoseebudgetcomparisonsbetweencontinuing operationswiththeexistingplantor openinga newplant.Afterareviewofoperationsandexpenses Managementhasprovidedthefollowinginformation:

 

a) Openingnewplant:

· Salespriceremainsat$25,estimate55,000basketballssoldbasedonadditional advertising.

· UsevariableexpensescalculatedinWeek5,#5

· DonotestimateanyOverheadvariance

· Salescommissionsare5%ofgrosssales.

· Administrativesalariesremainunchanged.

· Rentexpenseis eliminatedbecausethenewplantoffersspaceforadministration.

· Managementhasdecidedto increasetheadvertisingbudgetby20%.

 

 

 

 

· Depreciationonthenewplantis $250,000,this is in additiontocurrentdepreciationon sellingandadministrativeequipment.

 

b) Keepingexistingplant:

· Salespriceis increasedto$29,salesdeclineto48,000becauseof increasein price.

· Usevariableexpensescalculatedin Part3,#4

· DonotestimateanyOverheadvariance

· Salescommissionsare5%ofgrosssales.

· Administrativesalaries,rentandadvertisingincreaseby5%becauseof increasein costs.

· Depreciationexpenseis $10,000on sellingandadministrativeequipment.

Answers

Maurice Tutor
(5)
Status NEW Posted 08 Aug 2017 03:08 PM My Price 9.00

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