Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Help me pls to answer my assignment After teaming the calculations presented. you can now compute the projected costs by month on your business concept.

Help me pls to answer my assignment

image text in transcribedimage text in transcribed
After teaming the calculations presented. you can now compute the projected costs by month on your business concept. Use the template below and ll in the necessary figures based on the scenario. Mang Eduard operates a buy and sell business. He sells umbrellas In his shop near the city mall. He gets his umbrellas from a local dealer. Each umbrella costs 90.00 pesos each. Expecting rainyr season to come. Meng Eduard purchased 7' dozen of umbrellas every week. The supplier then charges 200.00 pesos per dozen for freight. Mang Eduard can sell 12 umbrellas every day for the Month of July. Additional Information: Beginning and ending Merchandise Inventory: P 0.00 Internet Connection Expense P1.300.00 Utility Expense 1.200.00 Miscellaneous Expenses 500.00 A. Fill the Necessary Information of the table provided below for the Month of July: Table 4 Projected Cult of Goods Sold {Mun'tl Merchandisel Cost per Unit Average No. of Proleoted Costs of Products Items Sold [Monthly] Put-sham {Monthly} \" -:- _ Table 5 Freight-in paid Projected Volume No. of Items Average No. of Freight In (1 Month Merchandise/ Sold (Daily) Items Purchased Only Products (Monthly) (A) F = (D x 30 days) J = (F/12) x "P200.00 Total B. Compute for the following for the Month of July: a. Cost of Goods Sold b. Total Operating Expenses c. Total Cost and Expenses

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

Accounting Regulation In Japan Evolution And Development From 2001 To 2015

Authors: Masatsugu Sanada, Yoshihiro Tokuga

1st Edition

0367221071, 9780367221072

More Books

Students also viewed these Accounting questions