Bus 302l managerial - Study guides, Class notes & Summaries

A company sells pretzels for $1.50/bag. Their February ending inventory was $1,600. Marketing prepares the following forecast: January 15,000 bags February 12,000 bags March 16,000 bags Total 43,000 bags Projected sales for April are 13,000 bags. Try to maintain 10% of the next month's forecasted sales in inventory. What is the projected for March? - 13,000*10%= 1,300 March: 16,000 Feb ending inv: (1,600) =1,300+16,000-1,600 = 15,700 Same info as no 1. What is the sales budget for Ja...

BUS 302L Managerial Accounting Questions and Answers | Latest Update | 2024/2025 | Already Passed **What is the primary role of managerial accountants within organizations?** Options: - Ensure regulatory compliance - Facilitate decision-making processes - Conduct external audits - Manage payroll and benefits Answer: Facilitate decision-making processes **Give an example of qualitative data.** Options: - Sales revenue - Customer satisfaction - Inventory levels - Manufacturin...

BUS 302L- MANAGERIAL EXAM QUESTIONS WITH 100% VERIFIED ANSWERS ...

Which phrase best describes the current role of the managerial accountant? Answer> Managerial accountants facilitate the decision-making process within an organization. An example of qualitative data is: Answer> customer satisfaction Product and service costing information is prepared for Answer> -manufacturing companies with inventory. -merchandising companies. -service providers. -each of the other four answers.. -manufacturing companies without inventory. Manufacturing co...

BUS 302L Managerial Accounting Exam | Questions and Answers Latest {} A+ Graded | 100% Verified

Budgets are Answer> Used by individual, staffs, managers department. Management accountant place more emphasis on which of the following: Answer> future activities A listing of line item that the organization will use to classify its accounting information is? Answer> balance sheet The primary purpose for carrying on "cost accounting activity" is Answer> To plan operation Cost volume profit (CVP) analysis to answer which of the following Answer> ALL The amount of ove...

The Unique Bookshelf Company is considering the purchase of a custom delivery van costing approximately $50,000. Using a discount rate of 20%, the present value of future cost savings is estimated at $51,200. To yield the 20% return, the actual cost of the van should not exceed the $50,000 estimate by more than: - Answer $12000

Which phrase best describes the current role of the managerial accountant? - Managerial accountants facilitate the decision-making process within an organization. An example of qualitative data is: - customer satisfaction Product and service costing information is prepared for - -manufacturing companies with inventory. -merchandising companies. -service providers. -each of the other four answers.. -manufacturing companies without inventory. Manufacturing costs typically consist of -...

Budget - Answer The budget is a financial plan. The budgeted sales and cost data help managers plan the hotel's target profit (revenues - expenses) Manager should use budget for which? - Answer Control operations Break-even sales in units - Answer The number of units you need to sales in break-even. Break-even Point - Answer The sales level at which operating income is zero.

Bus 302L Managerial Accounting Exam | Questions and Answers Latest {} A+ Graded | 100% Verified