Please answer all parts of the questions and complete the missing information,
Thanks in advance.
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Croy Inc. has the following projected sales for the next five months: Month April May June July August Sales in Units 3,460 3,935 4,590 4,120 3,900 Croy's finished goods inventory policy is to have 50 percent of the next month's sales on hand at the end of each month. Direct materials costs $2.90 per pound, and each unit requires 2 pounds. Direct materials inventory policy is to have 50 percent of the next month's production needs on hand at the end of each month. Direct materials on hand at March 31 totaled 3,698 pounds. Required: 1. Determine budgeted production for April, May, and June. 2. Determine budgeted cost of materials purchased for April and May. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine budgeted production for April, May, and June. (Do not round your intermediate calculations and round your final answers to the nearest whole number.) May June April 3,579 X Budgeted Production (Units) 4,263 4,355 Required 1 Required 2 Determine budgeted cost of materials purchased for April and May. (Use rounded Budgeted Production units in intermediate calculations. Round your answers to 2 decimal places.) May April 22,392.35 X $ Budgeted Cost of Material Purchased $ 24,990.75 | Screen Shot 2022-02... PA10-1 (Algo) Calculating Return on Investment, Residual Income, Determining Effect of Changes in Sales, Expenses, Invested Assets, Hurdle Rate on Each (LO 10-4, 10-5) Coolbrook Company has the following information available for the past year: Sales revenue Cast of goods sold and operating expenses Net operating income Average invested assets River Division $1,212,000 881,000 $ $ 331,000 $1,040,000 Stream Division $1,807,000 1,298,000 $ 509,000 $1,600,000 The company's hurdle rate is 7.01 percent. . Required: 1. Calculate return on investment (ROI) and residual income for each division for year. 2. Recalculate ROI and residual income for the division for each independent situation that follows: a. Operating income increases by 11 percent. b. Operating income decreases by 9 percent. c. The company invests $246,000 in each division, an amount that generates $113,000 additional income per division. d. Coolbrook changes its hurdle rate to 5.01 percent. Complete this question by entering your answers in the tabs below. Reg 1 Req 2A Reg 2B Reg 2c Reg 2D Calculate return on investment (ROI) and residual income for each division for last year. (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.)) River Division % Stream Division % ROI Residual Income (Loss) Reg 1 Req 2A Req 2B Reg 20 Reg 2D Recalculate ROI and residual income for each division for the independent situation that follows: Operating income increases by 11 percent. (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.). Loss amounts should be indicated with a minus sign.) River Division Stream Division % ROI Residual Income (Loss) Reg 1 Req 2A Req 2B Req 2c Req 2D Recalculate ROI and residual income for each division for the independent situation that follows: Operating income decreases by 9 percent. (Enter your ROI answers as a percentage rounded to two decimal places, (l.e., 0.1234 should be entered as 12.34%.). Loss amounts should be indicated with a minus sign.) River Division Stream Division % % ROI Residual Income (Loss) Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Req 2C Req 2D Recalculate ROI and residual income for each division for the independent situation that follows: The company invests $246,000 in each division, an amount that generates $113,000 additional income per division. (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.). Round your "Residual Income (Loss)" answer to the nearest whole dollars. Loss amounts should be indicated with a minus sign.) Show less A River Division Stream Division % % ROI Residual Income (Loss) Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Reg 2C Req 2D Recalculate ROI and residual income for each division for the independent situation that follows: Coolbrook changes its hurdle rate to 5.01 percent. (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.). Loss amounts should be indicated with a minus sign.) River Division Stream Division % % ROI Residual Income (Loss) Req 1 Reg 2 Req3 Req 4A Req 48 Req 5 Reg 6 Compute the residual income for each division. (Loss amounts should be indicated by a minus sign.) Residual income (Loss) Division A Division B B Division C Reg 1 Reg 2 Reg 3 Req 4A Req 4B Reg 5 Reg 6 Rank the divisions according to the ROI and residual income of each. Rank Division A Division B Division C Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3 Req 4A Reg 4B Reg 5 Reg 6 Compute the return on investment on the proposed expansion project. (Round your percentage answer to 2 decimal places, (i.e. 0.1234 should be entered as 12.34%.)) Return on Investment of Proposed Expansion Project % Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3 Req 4A Req 4B Reg 5 Req 6 Is this an acceptable project? Is this an acceptable project? Reg 1 Req 2 Reg 3 Req 4A Req 4B Reg 5 Reg 6 Without any additional calculations, state whether the proposed project would increase or decrease each division's ROI. Division A Division B Division C Req 1 Reg 2 Reg 3 Req 4A Req 4B Req 5 Req 6 Compute the new ROI and residual income for each division if the project was implemented within that division. (Loss amounts should be entered with a minus sign. Enter your ROI percentage answers to 2 decimal places, (i.e., 0.1234 should be entered as 12.34%.)) ROI Residual Income (Loss) Division A % % Division B Division C %
