+ 9 X E 10_4_19 As x c C Gel Homew. x SSO Loyout x Word to PDI X assignil 1-00 x Mail - aisha x Mail - aishia X Connect - Six File C:/Users/aisha/Downloads/assignt%201-converted.pdf Assignment 1 Due at the beginning of class October 29, 2019 You must turn in a typed or neatly handwritten hard-copy version of your answers to receive credit. This is an individual project, you are not permitted to work in groups. 50 points will be deducted for each day the project is late. To receive full credit for questions 1-6, you must show your calculations. Feel free to use the example in the notes as a template. Part 1. Capital Budgeting Questions Please use the following information to answer questions 1 - 6 Bob makes wooden tables and is creating his 2017 capital budget. He expects to sell 40 tables in 2017 at $150 per table. Additional Information for 2017: DM per table: 6 board feet (b.f.) per table at $2.00 per b.f. DL per table: 2 DLH per table at $25 per DLH O/H is applied at a rate of $4 per DLH (and allocated O/H = actual O/H) DM Inventory: BB = 50 b.f. of wood DEI = 75 b.f. of wood WIP Inventory BB = 0 EB = 0 FG Inventory BB = 5 tables DEI = 15 tables For simplicity, assume costs and revenue per table are the same for those manufactured in 2017 or in previous years. Assume variable operating expenses are $6 per unit sold and fixed operating expenses are $80. 1) What is budgeted revenue for 2017 in dollars? 2) How many tables (FG units) should be produced in 2017? 3) What is the budgeted O/H cost per unit? 4) What is budgeted Cost of Goods Sold (in dollars) for 2017? 5) What are budgeted Operating Expenses (period costs) in dollars for 2017? 6) What is estimated operating income for 2017? BE assignt 1-converted.pdf A Show all X 11 0 Type here to search o e w g. M A - 3:41 PM 10/25/2019 + 9 X E 10_4_19 As x c C Gel Homew. x SSO Loyout x Word to PDI X assignil 1-00 x Mail - aisha x Mail - aishia X Connect - Six File C:/Users/aisha/Downloads/assignt%201-converted.pdf Assignment 1 Due at the beginning of class October 29, 2019 You must turn in a typed or neatly handwritten hard-copy version of your answers to receive credit. This is an individual project, you are not permitted to work in groups. 50 points will be deducted for each day the project is late. To receive full credit for questions 1-6, you must show your calculations. Feel free to use the example in the notes as a template. Part 1. Capital Budgeting Questions Please use the following information to answer questions 1 - 6 Bob makes wooden tables and is creating his 2017 capital budget. He expects to sell 40 tables in 2017 at $150 per table. Additional Information for 2017: DM per table: 6 board feet (b.f.) per table at $2.00 per b.f. DL per table: 2 DLH per table at $25 per DLH O/H is applied at a rate of $4 per DLH (and allocated O/H = actual O/H) DM Inventory: BB = 50 b.f. of wood DEI = 75 b.f. of wood WIP Inventory BB = 0 EB = 0 FG Inventory BB = 5 tables DEI = 15 tables For simplicity, assume costs and revenue per table are the same for those manufactured in 2017 or in previous years. Assume variable operating expenses are $6 per unit sold and fixed operating expenses are $80. 1) What is budgeted revenue for 2017 in dollars? 2) How many tables (FG units) should be produced in 2017? 3) What is the budgeted O/H cost per unit? 4) What is budgeted Cost of Goods Sold (in dollars) for 2017? 5) What are budgeted Operating Expenses (period costs) in dollars for 2017? 6) What is estimated operating income for 2017? BE assignt 1-converted.pdf A Show all X 11 0 Type here to search o e w g. M A - 3:41 PM 10/25/2019
