Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Score: 0.42 of 1 pt 2 of 4 (2 complete) %E6-21 (similar to) In 2017, McGrath & Sons, a small environmental-testing firm, performed 12,000 radon

image text in transcribed
image text in transcribed
Score: 0.42 of 1 pt 2 of 4 (2 complete) %E6-21 (similar to) In 2017, McGrath & Sons, a small environmental-testing firm, performed 12,000 radon tests for $330 eac are being built with lead-free pipes lead-testing volume is expected to decrease by 9% next year. Howev result in a 6% increase in radon-test volume each year in the near future Jim McGrath feels that if he low face only a 4% decline in lead-test sales in 2018. Read the recrement is Radon tests Sales Budget For the Year Ended December 31, 2018 Selling price Units sold in 2018 Total revenues 330 12,720 $ 4 197,600 210 14,560 3,057,600 $ 7 255,200 Lead tests Total sil Requirement 2. Prepare the sales budget assuming that McGrath lowers the price of a lead test to $190. Sales Budget For the Year Ended December 31, 2018 Selling price Units sold in 2018 Total revenues Radon tests 330 12720 4197600 Lead tests 210 15360 3225600 Total 7423200 Sprin Choose from any list or enter any number in the input fields and then click Check Answer 1 part remaining Clear All Homework: Chapter 6 Homework Save Score: 0 of 1 pt 30f 4 (2 complete) HW Score: 11.17%, 0.45 of 4 pts E6-24 (similar to) Question Help $ The Benesch Company has prepared a sales budget of 43.000 linhshed units for a 3-month period. The company has an inventory of 10,000 units of finished goods on hand at December 31 and has a target finished goods inventory of 15.000 units at the end of the succeeding quarter It takes 3 gallons of direct materials to make one unit of finished product. The company has inventory of 63.000 gallons of direct materials at December 31 and has a target ending inventory of 56,000 gallons at the end of the succeeding quarter. How many gallons of direct materials should Bonesch Company purchase during the 3 months ending March 317 orker So Select the labels and enter the amounts to calculate the direct materials (gations to be purchased pts: Direct Material Purchases Budget Submis For the 3 Months Ending March 31 26-40 127 Purchases to be made in gallons) Choose bom any list or enter any number in the input selds and then click Check Answer All parts showing Clear All Check

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

Students also viewed these Accounting questions