Bus 302l managerial - Study guides, Class notes & Summaries
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BUS 302L Managerial Acc Questions and Answers | Latest Update | 2024/2025 | Already Passed
- Exam (elaborations) • 21 pages • 2024
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BUS 302L Managerial Acc Questions and 
Answers | Latest Update | 2024/2025 | 
 
Already Passed 
 
The company sells pretzels at $1.50 per bag and had an ending inventory of $1,600 in February. 
Marketing prepared the following sales forecast: January, 15,000 bags; February, 12,000 bags; 
March, 16,000 bags; totaling 43,000 bags. April's projected sales are 13,000 bags, with an 
inventory policy to maintain 10% of the next month's forecasted sales. 
 
**To calculate March's projected inventory...
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BUS 302L - Managerial Accounting exam fully solved & updated
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BUS 302L - Managerial Accounting exam fully solved & updated
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BUS 302L - Managerial Accounting Exam Questions Solved 100% Correct
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What type of a cost is given? 
a. fixed cost 
b. variable cost 
c. step cost 
d. mixed cost 
e. rent cost. - Answer b. variable cost
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BUS 302L Managerial Acc Study Questions Solved 100% Correct
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hat is break-even point in sales? - Answer fixed cost / (price-variable cost) 
10,000 / (7.50-2.25)=1905 
what is the total contribution margin? - Answer sales revenue-variable expense 
(7.50*20,000) - (2.25*20,000) 
=105,000
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BUS 302L Managerial Acc Questions and Answer | Latest Update 2024/2025
- Exam (elaborations) • 25 pages • 2024
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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 b...
Too much month left at the end of the money?
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BUS 302L Managerial Acc Questions and Answers
- Exam (elaborations) • 28 pages • 2024
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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? 
Answer> 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 b...
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BUS 302L Managerial Acc exam guide 2024 questions and answers
- Exam (elaborations) • 15 pages • 2024
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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...
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BUS 302L Managerial Acc Questions and Answers
- Exam (elaborations) • 19 pages • 2024
- Available in package deal
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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? 
Answer> 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 b...
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BUS 302L Managerial Acc exam with complete solutions.
- Exam (elaborations) • 11 pages • 2024
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BUS 302L Managerial Acc exam with complete solutions.
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Bus 302L Managerial Accounting Questions and Answer | Latest Update 2024/2025
- Exam (elaborations) • 12 pages • 2024
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Budgets are 
 ~~> Used by individual, staffs, managers department. 
Management accountant place more emphasis on which of the following: 
 ~~> future activities 
A listing of line item that the organization will use to classify its accounting 
information is? 
 ~~> balance sheet 
The primary purpose for carrying on "cost accounting activity" is 
 ~~> To plan operation 
Cost volume profit (CVP) analysis to answer which of the following 
 ~~> ALL 
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