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help please JPAK manufactures and sells mountain bikes. Classify each of the following costs as fixed or variable with respect to the number of bikes
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JPAK manufactures and sells mountain bikes. Classify each of the following costs as fixed or variable with respect to the number of bikes made. Flaherty is considering an investment that, if paid for immediately, is expected to return $150,000 nine years from now. If Flaherty demands a 10% return, how much is she willing to pay for this investment? (PV of \$1. FV of \$1. PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided. Round your "PV of a single amount" to 4 decimal places and final answer to the nearest whole dollar.) Use the correct table to find the present value of these two separate annuities. (Round amounts to the nearest dollar.) Based on predicted production of 25,100 units, a company budgets $280,000 of fixed costs and $376,500 of variable costs. If the company actually produces 18,300 units, what are the flexible budget amounts of fixed and variable costs? Prepare a budgeted balance sheet at March 31 using the following information from Zimmer Company. a. The cash budget for March shows an ending loan balance of $15,500 and an ending cash balance of $64,700. b. The sales budget for March shows sales of $131,000. Accounts receivable at the end of March are budgeted to be 60% of March sales. c. The merchandise purchases budget shows that $90,100 in merchandise will be purchased on credit in March. Purchases on credit are paid 100% in the month following the purchase. d. Ending merchandise inventory for March is budgeted to be 710 units at a cost of $40 each. e. Income taxes payable of $27,100 are budgeted at the end of March. f. Accounting records at the end of March show budgeted equipment of $82,900 with accumulated depreciation of $33,200. 9. Common stock of $30,500 and retained earnings of $58,200 are budgeted at the end of March. C\&H Ski Club recently borrowed money and agreed to pay it back with a series of six annual payments of $5,500 each. At the same time, C\&H borrowed additional money and agreed to pay it back with a series of four annual payments of $8,250 each. The annual interest rate for both loans is 9%. (PV of \$1. FV of \$1, PVA of \$1, and FVA of \$1) (Use factor(\$) from the tables provided. Round answers to nearest whole dollar. Round "Table Factor" to 4 decimal places.) Complete this question by entering your answers in the tabs below. X-Tel budgets sales of $96,000 for Aprll, $144,000 for May, and $60,000 for June. Sales are 50% cash and 50% on credit. All credt sales are collected in the month following the sale. Total sales for Morch were $14,000. Prepare a schedule of cosh receipts from sales for April, May, and June Claire Fitch is planning to begin an individual retirement program in which she will invest $1,500 at the end of each year. Fitch plans to retire after making 30 annual investments in the program earning a return of 10%. What is the value of the program on the date of the last payment ( 30 years from the present)? (PV of \$1. FV of \$1. PVA of \$1. and FVA of \$1) (Use appropriate factor(s) from the tables provided. Round your "FV of an Ordinary Annuity" to 4 decimal places and final answer to the nearest whole dollar.) Beech Company produced and sold 111.000 units in May. For the level of production in May, budgeted amounts were sales, $1,350,000; variable costs, $826,000; and fixed costs, $300,000. The following actual results are avallable for May. Prepare a flexible budget performance report for May. Indicate whether each variance is favorable or unfavorable. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) C\&H Ski Club recently borrowed money and agreed to pay it back with a series of six annual payments of $5,500 each time, C&H borrowed additional money and agreed to pay it back with a series of four annual payments of $8,250 each. interest rate for both loans is 9%. (PV of \$1. FV of \$1. PVA of \$1, and FVA of \$1) (Use factor(s) from the tables provided. answers to nearest whole dollar. Round "Table Factor" to 4 decimal places.) Complete this question by entering your answers in the tabs below. Use the correct table to find the present value of Khese two separate annuities. (Round amounts to the nearest dollar.) Budgeted Balance Sheet As of March 31 Required information [The following information applies to the questions displayed below] The fixed budget for 20,000 units of production shows sales of $400,000; variable costs of $80,000; and fixed costs of $150,000 If the company actually produces and sells 26,000 units, calculate the flexible budget income Step by Step Solution
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