Chapter 6 Budgeting Copr Goedl 2022 Sheba Industries reporte…

Chapter 6 Budgeting Copr Goedl 2022 Sheba Industries reported the following budgeted sales in units for the first quarter of the fiscal year. Month Units June 3,300 July 2,960 August 3,120 The desired ending finished goods inventory should be 10% of the next month’s sales in units. The inventory on May 31 contained 330 units, which is the beginning inventory for June. The manager is preparing the production budget. The total number of units to be produced in July is:  

Chapter 5 Segmented income reporting Copr., Goedl Data for M…

Chapter 5 Segmented income reporting Copr., Goedl Data for March for Cincinnati Supply Corp., a supplier to Kraft Foods, and its two major business segments, Snacks and Meals, appear below: Sales revenue, Snacks $380,000 Variable expenses, Snacks $213,000 Traceable fixed expenses, Snacks $65,000 Sales revenue, Meals $230,000 Variable expenses, Meals $104,000 Traceable fixed expenses, Meals $25,000 Common fixed expenses, $156,000 Calculate the breakeven in sales dollars for the whole organization.

Chapter 7 Flexible budgeting and performance evaluation Copr…

Chapter 7 Flexible budgeting and performance evaluation Copr. Goedl 2023Owensville Pool Service is preparing a Flexible Budget Performance report for the month of July.  Data for the planning budget and the actual results are provided below. Planning budget cost formulas Estimated units of production 15,000 Sales $16 per unit Wages and salaries $36,000 Employee benefits $12,000 Supplies $4Q Rent expense $5,000 Utilities $900 plus $0.25Q Misc. expenses $8,500 plus $1.50Q Actual results Actual units of production 12,400 Sales $192,200 Wages and salaries $36,000 Employee benefits $12,400 Supplies $54,560 Rent expense $5,000 Utilities $3,380 Misc. expenses $26,800 Calculate the activity variance for Employee benefits.