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

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.

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

BUS 302L Managerial Acc Exam Questions and Answers |100% Pass 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+1...

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...

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...

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 The amount of overhead applied to a product or service is n...

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 -...

BUS 302L Managerial Accounting exam with correct answers 2024.

Bus 302L Managerial Accounting Exam Study Guide with Complete Solutions 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 t...

EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED FIRST PUBLISH SEPTEMBER 2024 Page 3/36 e. manufacturing companies without inventory. a. direct materials, direct labor, and manufacturing overhead. - Answer-Manufacturing costs typically consist of: a. direct materials, direct labor, and manufacturing overhead. b. production and shipping costs. c. production and marketing costs. d. direct materials, direct labor, and administrative costs. e. direct mate...