QUESTION 2

1. Q#1 HASF and company is a retails hardware store information about the store operations follows
   November 2017 sales	400000
   Sales are budgeted 440,000 for December and 4 00,000 for January 2018
   Credit sales typically are 60% of total sales Collection are expected to 50% in the month of sales and 50% in the month following sales
   Gross profit margin 40%
   A total of 60% of the merchandise for resale its purchase in the month prior to the month of sales and 40% is purchase in the month of sales payment for merchandise is made in the month following the purchase
   Other month expenses paid in cash amount 45,200
   Annual depreciation is 432,000
   The company balance sheet as of November 30 2017 is as follow
   HASF Hardware inc
   Balance sheet
   As on November 30 2018
   Cash	44,000
   A/c receivable	152,000
   Inventory	280,000
   Property plant and equipment	1,724,000
   Total assets	2,200,000
   a/c payable	324,000
   common stock	1,590,000
   Retained earning	286,000
   Total liabilities and owner equity	2,200,000
   Amount of credit sales in Dec
   Amount of cash sales in Dec
   Amount of cash will be received from Nov sales
   Amount of cash will be received from Dec credit sales
   Total amount of cash will be received in Dec
   Value of Purchase in the month of Dec
   Cash disburstment for inventory purchase in Dec
   Total cash disburstment in Dec
   Beginning cash balance in Dec
   total cash will be available before disbursment
   Excess or Deficiency balance at Dec 31
   Value of cost of goods sold in Dec 31
   Gross profit in Dec 31
   net profit in Dec 31

Required

1) _______________________labor cost per unit if company produce 22,500 unit ( cost behavior patterns not change )

2) ______________________cost of fixed manufactuirng over head if company produce 22,500 unit ( cost behavior patterns not change )

3) ______________________cost of fixed selling and administartive exp if company produce 22,500 unit ( cost behavior patterns not change )

4) _______________________per unit cost of porducation if company produce 22,500 units

5) _______________________Per unit gross profit if selling price will not change