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Royal Mfg . reported the following Income Statement for 2 0 2 3 . The 2 0 2 4 budget incorporates the following assumptions and
Royal Mfg reported the following Income Statement for
The budget incorporates the following assumptions and changes from the results shown above.
A All depreciation charges are fixed costs.
B Manufacturing depreciation charges are expected to increase by percent in
C Marketing and administrative depreciation charges are not expected to change for
D Unit sales are expected to increase by percent, but unit sales prices are expected to fall by percent in
E Direct materials costs per unit are budgeted to decrease by percent over
F Conversion costs per unit are expected to increase by percent over
G Fixed manufacturing costs cash are expected to increase by percent over
H Variable marketing costs will change proportionately with units sold.
I. Fixed administrative costs cash are expected to decrease by percent in relative to
J You may ignore inventories and assume sales are on a cash basis.
Answer the required questions based on the budgeted Income Statement for
A: Calculate the budgeted sales price per unit for Round to the nearest $
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