what are the goals and objectives of Xiaomi Corporation from 2020 to 2025.
(Use your own words at least 500 words)
In: Operations Management
Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company’s products. The company now is planning raw materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following inventory requirements:
The finished goods inventory on hand at the end of each month must equal 4,000 units of Supermix plus 25% of the next month’s sales. The finished goods inventory on June 30 is budgeted to be 21,250 units.
The raw materials inventory on hand at the end of each month must equal one-half of the following month’s production needs for raw materials. The raw materials inventory on June 30 is budgeted to be 105,375 cc of solvent H300.
The company maintains no work in process inventories.
A monthly sales budget for Supermix for the third and fourth quarters of the year follows.
| Budgeted Unit Sales | |
| July | 69,000 |
| August | 74,000 |
| September | 84,000 |
| October | 64,000 |
| November | 54,000 |
| December | 44,000 |
Required:
1. Prepare a production budget for Supermix for the months July, August, September, and October.
3. Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter in total.
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In: Accounting
Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company’s products. The company now is planning raw materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following inventory requirements:
The finished goods inventory on hand at the end of each month must equal 2,000 units of Supermix plus 25% of the next month’s sales. The finished goods inventory on June 30 is budgeted to be 17,250 units.
The raw materials inventory on hand at the end of each month must equal one-half of the following month’s production needs for raw materials. The raw materials inventory on June 30 is budgeted to be 93,375 cc of solvent H300.
The company maintains no work in process inventories.
A monthly sales budget for Supermix for the third and fourth quarters of the year follows.
| Budgeted Unit Sales | |
| July | 61,000 |
| August | 66,000 |
| September | 76,000 |
| October | 56,000 |
| November | 46,000 |
| December | 36,000 |
Required:
1. Prepare a production budget for Supermix for the months July, August, September, and October.
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3. Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter in total.
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In: Accounting
Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company’s products. The company now is planning raw materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following inventory requirements:
The finished goods inventory on hand at the end of each month must equal 2,000 units of Supermix plus 25% of the next month’s sales. The finished goods inventory on June 30 is budgeted to be 11,250 units.
The raw materials inventory on hand at the end of each month must equal one-half of the following month’s production needs for raw materials. The raw materials inventory on June 30 is budgeted to be 57,375 cc of solvent H300.
The company maintains no work in process inventories.
A monthly sales budget for Supermix for the third and fourth quarters of the year follows.
| Budgeted Unit Sales | |
| July | 37,000 |
| August | 42,000 |
| September | 52,000 |
| October | 32,000 |
| November | 22,000 |
| December | 12,000 |
Required:
1. Prepare a production budget for Supermix for the months July, August, September, and October.
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3. Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter in total.
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In: Accounting
The Table in my homework question below is completely wrong. I am not sure where I went wrong in my calculations but coud you rework this question and answer the parts below??
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Here are earnings per share for two companies by quarter from the first quarter of 2009 through the second quarter of 2012. Forecast earnings per share for the rest of 2012 and 2013. Use exponential smoothing to forecast the third period of 2012, and the time series decomposition method to forecast the last two quarters of 2012 and all four quarters of 2013. (It is much easier to solve this problem on a computer spreadsheet so you can see what is happening.) |
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EARNINGS PER SHARE |
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| QUARTER | COMPANY A | COMPANY B | ||
| 2009 | I | $ 1.68 | $ 0.21 | |
| II | 2.36 | 0.23 | ||
| III | 1.21 | 0.21 | ||
| IV | 1.30 | 0.35 | ||
| 2010 | I | 1.66 | 0.20 | |
| II | 2.08 | 0.36 | ||
| III | 1.31 | 0.37 | ||
| IV | 0.34 | 0.48 | ||
| 2011 | I | 0.34 | 0.35 | |
| II | –0.19 | (loss) | 0.49 | |
| III | –0.87 | (loss) | 0.51 | |
| IV | 0.24 | 0.52 | ||
| 2012 | I | –1.65 | (loss) | 0.31 |
| II | 0.37 | 0.52 | ||
| a. |
For the exponential smoothing method, choose the first quarter of 2009 as the beginning forecast. Make two forecasts: one with α = 0.20 and one with α = 0.30. (Negative values should be indicated by a minus sign. Round your answers to 3 decimal places.)
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In: Math
Snowcome Company estimates that quarterly unit sales will increase by 15% assuming a unit selling price of $30. Prepare a Sales Budget Quarterly for the upcoming year, 2018. Last Years quarterly sales figures are
Sales 2017
Q1- 75076
Q2- 70041
Q3- 65081
Q4- 80037
2. Snowcome would like to have an ending inventory of finished
goods equal to 10% of expected sales for the following period.
Assuming the ending inventory of finished goods on December 31,
2017 is 8,500 units. Projected sales for the 1st quarter of 2019
are 86,250. Prepare a Production Budget for 2018.
3.Four units of raw materials are required to produce one unit of
finished product. Snowcome has established a policy that 20% of the
raw materials needed for the next quarters production wil be on
hand at the end of each quarter. Assuming a beginning inventory of
76,500 units of raw materials and raw materials cost 2$ per unit;
units to be produced for the 1st quarter of 2019 are 86,450 Prepare
a direct materials budget.
4. It takes 1.6 labor hours to produce 1 unit Direct Labor cost is
8$ per hour. Prepare a direct labor budget. Works generally work
480 hours per quarter, no overtime is allowed.
5. Snowcome estimates following Manufacturing OH cost.
Var. Indirect materials cost per finished unit 1.50
Var. Indirect labor cost per finished unit 1.25
Var. Utilities cost per finished unit 0.85
Fixed cost for indirect labor per quarter 75,076
Fixed cost for deprec. per quarter 18,041
Fixed cost for other items per quarter 7,581
Prepare a manufacturing overhead budget.
6. Snowcome will have the following selling and general
administrative expenses for 2018
Sales commision salaries of 10% of sales
Advertising salaries 340,076
Deprec. and Office equipt. 24,041
Office manager salary 50,081
Prepare a sellling expense budget and general administrative
budget.
THANKS IN ADVANCE
In: Accounting
Badlands, Inc. manufactures a household fan that sells for $20 per unit. All sales are on account, with 40 percent of sales collected in the month of sale and 60 percent collected in the following month. The data that follow were extracted from the company’s accounting records. Badlands maintains a minimum cash balance of $20,000. Total payments in January 20x1 are budgeted at $200,000. A schedule of cash collections for January and February of 20x1 revealed the following receipts for the period: Cash Receipts January February From December 31 accounts receivable $ 102,000 From January sales 90,000 $ 142,000 From February sales 75,600 March 20x1 sales are expected to total 9,500 units. Finished-goods inventories are maintained at 20 percent of the following month’s sales. The December 31, 20x0, balance sheet revealed the following selected figures: cash, $23,900; accounts receivable, $102,000; and finished goods, $24,450.
Compute the total sales revenue to be reported on Badlands’ budgeted income statement for the first quarter of 20x1.
Determine the accounts receivable balance to be reported on the March 31, 20x1, budgeted balance sheet.
Calculate the number of units in the December 31, 20x0, finished-goods inventory.
Calculate the number of units of finished goods to be manufactured in January 20x1.
Calculate the financing required in January, if any, to maintain the firm’s minimum cash balance.
In: Accounting
Badlands, Inc. manufactures a household fan that sells for $40 per unit. All sales are on account, with 30 percent of sales collected in the month of sale and 70 percent collected in the following month. The data that follow were extracted from the company’s accounting records.
| Cash Receipts | ||||||
| January | February | |||||
| From December 31 accounts receivable | $ | 112,000 | ||||
| From January sales | 94,000 | $ | 150,000 | |||
| From February sales | 65,400 | |||||
Determine the number of units that Badlands sold in December 20x0.
Compute the sales revenue for March 20x1.
Compute the total sales revenue to be reported on Badlands’ budgeted income statement for the first quarter of 20x1.
Determine the accounts receivable balance to be reported on the March 31, 20x1, budgeted balance sheet.
Calculate the number of units in the December 31, 20x0, finished-goods inventory.
Calculate the number of units of finished goods to be manufactured in January 20x1.
Calculate the financing required in January, if any, to maintain the firm’s minimum cash balance.
In: Accounting
Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout Southeast Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company’s products. The company now is planning raw materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following inventory requirements:
The finished goods inventory on hand at the end of each month must equal 3,000 units of Supermix plus 25% of the next month’s sales. The finished goods inventory on June 30 is budgeted to be 19,250 units.
The raw materials inventory on hand at the end of each month must equal one-half of the following month’s production needs for raw materials. The raw materials inventory on June 30 is budgeted to be 99,375 cc of solvent H300.
The company maintains no work in process inventories.
A monthly sales budget for Supermix for the third and fourth quarters of the year follows.
| Budgeted Unit Sales | |
| July | 65,000 |
| August | 70,000 |
| September | 80,000 |
| October | 60,000 |
| November | 50,000 |
| December | 40,000 |
Required:
1. Prepare a production budget for Supermix for the months July, August, September, and October.
looks like this
Prepare a production budget for Supermix for the months July, August, September, and October.
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3. Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter in total.
looks like this
Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter in total.
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In: Accounting
Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company’s products. The company now is planning raw materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following inventory requirements:
The finished goods inventory on hand at the end of each month must equal 2,000 units of Supermix plus 20% of the next month’s sales. The finished goods inventory on June 30 is budgeted to be 13,000 units.
The raw materials inventory on hand at the end of each month must equal one-half of the following month’s production needs for raw materials. The raw materials inventory on June 30 is budgeted to be 84,000 cc of solvent H300.
The company maintains no work in process inventories.
A monthly sales budget for Supermix for the third and fourth quarters of the year follows.
| Budgeted Unit Sales | |
| July | 55,000 |
| August | 60,000 |
| September | 70,000 |
| October | 50,000 |
| November | 40,000 |
| December | 30,000 |
Required:
1. Prepare a production budget for Supermix for the months July, August, September, and October.
2. Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter in total.
Prepare a production budget for Supermix for the months July, August, September, and October.
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Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter in total.
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In: Accounting