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Abbott Inc has the following information for the year ending June 2019 e 1) 1 points Save Answer $3.730 000 5665.000 304 000 300 000
Abbott Inc has the following information for the year ending June 2019 e 1) 1 points Save Answer $3.730 000 5665.000 304 000 300 000 445.000 Revenues Manufacturing Costs Materials Variable Cash Costs Fixed Cash costs Depreciation (fixed) Marketing & administrative Costs Marketing variable) Marketing deprecation Administrative (ed) Administrative depreciation Total Costs Operating profits 475,000 113 000 6505 42 000 53 454 550 $275,450 Al depreciation charges we fixed and are expected to remain the same for you 2 Sales volume is expected to crease by and selling peces are expected to ease by Marcos per un are expected to increase by 8% Other unit variable manufacturing costs are expected to increase by 10perunt Femalcung co other than deprecatoare expected to create yon Variable marketing costs per unit will remain constant Administrative costs other than depreciation are expected to increase by Assume there are no inventores Abbott operates on a cash basis A budgeted income statement for June 2020 will show an approximate income dost of Abbott Inc has the towing information for the year ending June 2010 ) 53.730 000 S065 000 904 000 300.000 445000 Revenues Manufacturing Costs Materials Variable Cash Costs Foxed Cash costs Depreciation (red) Marketing & administrative Costs Marketing (variable Marketing depreciation Administrative (food) Administrative depreciation Total Costs Operating profits 475.000 113 000 450 550 42,000 $3,454,550 $275,450 All depreciation charges are forced and are expected to remain the same for year 2 Sales volumes expected to increase by 13% and selling prices are expected to increase b a are expected to increase by 8% Other unit variable manufacturing costs are expected to increase by 10% per unit Fored manufacturing costs other than depreciation expected to Variable marketing costs per unit will remain constant Administrative costs other than depreciation) we expected to increase by 12% Assume there are no inventores Abbott operates on a cash basis lco per unit by 6% A budgeted income statement for June 2020 will show an approximate income (loss)
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