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

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...

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

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

BUS 302L - Managerial Accounting exam fully solved & updated

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...

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...

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...

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...

BUS 302L Managerial Acc exam with complete solutions.

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 2 | P a g e | © copyright 2024/...