Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

All else constant, what would Baldwins SG&A/Sales ratio be if the company had spent an additional $1,500,000 for Bolds promotional budget and $750,000 for Bolds

All else constant, what would Baldwins SG&A/Sales ratio be if the company had spent an additional $1,500,000 for Bolds promotional budget and $750,000 for Bolds sales budget?

Product Name:) Bid Bold Brat Bat Na Na Na Na 2023 Total Common Size
Sales $32,538 $32,870 $49,445 $52,129 $0 $0 $0 $0 $166,983 100.0%
Variable Costs:
Direct Labor $3,345 $3,360 $10,041 $9,343 $0 $0 $0 $0 $26,089 15.6%
Direct Material $14,354 $14,856 $19,375 $20,058 $0 $0 $0 $0 $68,643 41.1%
Inventory Carry $216 $203 $435 $450 $0 $0 $0 $0 $1,304 0.8%
Total Variable $17,915 $18,420 $29,850 $29,851 $0 $0 $0 $0 $96,036 57.5%
Contribution Margin $14,623 $14,450 $19,595 $22,278 $0 $0 $0 $0 $70,947 42.5%
Period Costs:
Depreciation $4,753 $5,367 $2,913 $3,420 $0 $0 $0 $0 $16,453 9.9%
SG&A: R&D $446 $446 $966 $966 $0 $0 $0 $0 $2,824 1.7%
Promotions $1,300 $1,300 $1,300 $1,300 $0 $0 $0 $0 $5,200 3.1%
Sales $1,600 $1,600 $1,400 $1,400 $0 $0 $0 $0 $6,000 3.6%
Admin $282 $285 $429 $452 $0 $0 $0 $0 $1,449 0.9%
Total Period $8,381 $8,998 $7,009 $7,538 $0 $0 $0 $0 $31,926 19.1%
Net Margin $6,242 $5,453

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Statistical Models And Analysis In Auditing

Authors: National Research Council, Division On Engineering And Physical Sciences, And Applications Commission On Physical Sciences, Mathematics, Board On Mathematical Sciences, Committee On Applied And Theoretical Statistics, Panel On Nonstandard Mixtures Of Distributions

1st Edition

0309078172, 978-0309078177

More Books

Students also viewed these Accounting questions

Question

What is gained by an examination of residuals?

Answered: 1 week ago