In addition to the static budget, the clinic also created a flexible and actual budget to reflect the realized volume & actual volume respectively (see table below). Fill in the blanks on the table below & answer the following questions using the numbers from the table:

a-Calculate & interpret the profit variance

b-Calculate and interpret the revenue variance

c-Calculate & interpret the cost variance

d-Calculate & interpret the volume & price variances on the revenue side

e-Calculate & interpret the volume & price variances on the cost side

Talia’s Tutus is considering purchasing a new sewing machine. The old machine it has right now was bought 2 years ago for $30,000, with an assume life of 5 years and an assume salvage value of $5,000. The firm uses straight-line depreciation. The old machine can be sold for $25,000. The new machine can be purchased today for $40,000. The new machine will have a 5-year life and will be depreciated to $5,000 using straight-line depreciation. With the new sewing machine, the firm is expected to have additional revenue of $15,000 for each of the next five years. The variable cost is 40% of the revenue, and the fixed cost is $3,000 each year. Suppose Talia’s Tutus allows its customers to pay their bills with an average 3-month delay, and its inventories are 15% of next year’s expense. If the opportunity cost of capital is 12%, corporate tax rate is 35%, and capital gain tax is 15%, what are the project’s NPV and IRR? please post step by step

Lizzy, a strategic planner at Wild Products, is trying to decide which product to make and sell over the next 5 years. Lizzy gets a raise based on her company’s Return on Investment which has been more that 18% in the last 3 years. Below are the cost and revenue projections for each product:

Discount rate: 16%

                                                                                                                Gadgets                                               Widgets

Initial Investment:                                                                          

Cost of Equipment (zero salvage value)                                  $170,000                                              $380,000             

Annual revenues and costs:

Sales Revenue                                                                                  $250,000                                              $350,000

Variable Expenses                                                                           $120,000                                              $170,000

Depreciation Expense                                                                    $34,000                                                 $76,000

Fixed out-of-pocket operating costs                                         $70,000                                                 $50,000

Requirements

1. Calculate the payback period for each product
2. Calculate the net present value for each product
3. Calculate the internal rate of return for each product
4. Calculate the project profitability index for each product
5. Calculate the simple rate of return for each product
6. Indicate which product is preferable based on each of the above metrics
7. Which, if any, product should Lizzy pursue and why?

1. An asset turnover ratio of 1.87 for a company indicates that:

a.the company has $1.87 of long-term debt for each dollar of operating revenue earned.

b.the company is generating $1.87 of sales revenue for each dollar of long-term operating assets invested.

c.the company is generating $1.87 of net income for each dollar of retained earnings.

d.the company has $1.87 of current assets for each dollar of fixed assets invested.

2. The following information is available for Amanda Co. for the current year.

Calculate the company's earnings per share.

a.$2.60

b.$1.40

c.$1.10

d.$2.00

3. On July 1, George Co. issued $3,000,000 of 10-year, 8% bonds at par. Interest on the bonds is payable semiannually on December 31 and June 30. As a result of this transaction, net assets of the company:

a.is not effected.

b.decrease by $120,000.

c.increase by $3,000,000.

d.decrease by $240,000.

Albany-Berkeley Clinker (ABC), LLC is the monopoly provider of ready mix concrete in East Bay. The factory can produce a bag of concrete for a constant marginal cost of $2. Monthly demand for concrete is equal to LaTeX: Q^d = 20,000 - 4,000P Q d = 20 , 000 − 4 , 000 P . Suppose that each bag of concrete causes $2 worth of social damages due to air pollution from the ABC plant. Now suppose that the government imposes the Pigouvian prescription and sets a tax on the concrete equal to $2 per bag. Calculate total welfare (including consumer surplus, producer surplus, the externality and tax revenue). Food for thought: Did welfare go up when the tax was imposed? Is this surprising? ( please hand-draw graph and show work)

a.

CS =

PS =

Externality =

Tax Revenue =

Total Welfare =

b. What is the optimal tax rate per bag of concrete?

c. Calculate total welfare if the tax is set to the optimal rate you found in the prior question.

Required information

[The following information applies to the questions displayed below.]

Greg’s Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system.

  rev: 02_28_2017_QC_CS-80932

5. Calculate sales revenue and gross profit under each of the four methods. (Round weighted-average cost amounts to 2 decimal places.)
  

Specific identification FIFO LIFO Weighted -average cost

Sale revenue

Gross profit

PA8-6 Preparing Operating Budgets for a Merchandising Firm [LO 8-5, 8-3a, f, g, h] Red Canyon T-shirt Company operates a chain of T-shirt shops in the southwestern United States. The sales manager has provided a sales forecast for the coming year, along with the following information: Quarter 1 Quarter 2 Quarter 3 Quarter 4 Budgeted Unit Sales 34,000 54,000 27,000 54,000 Each T-shirt is expected to sell for $18. The purchasing manager buys the T-shirts for $7 each. The company needs to have enough T-shirts on hand at the end of each quarter to fill 28 percent of the next quarter’s sales demand. Selling and administrative expenses are budgeted at $68,000 per quarter plus 14 percent of total sales revenue. Required: 1. Determine budgeted sales revenue for each quarter. 2. Determine budgeted cost of merchandise purchased for each quarter.

Question 2:
Yankee Hotel Foxtrot initiated operations on July 1, 2014. To manage the company
officers and managers have requested monthly financial statements starting July 31, 2014.
The adjusted trial balance amounts at July 31 are shown below.
Debits Credits
Cash $ 7,680 Accumulated Depreciation-
Equipment $ 840
Accounts Receivable 810 Notes Payable 6,000
Prepaid Rent 1,965 Accounts Payable 2,140
Supplies 1,160 Salaries and Wages Payable 360
Equipment 11,400 Interest Payable 40
Owner's Drawings 800 Unearned Service Revenue 580
Salaries and Wages Expense 7,145 Owner's Capital 10,640
Rent Expense 2,740 Service Revenue 14,390
Depreciation Expense 665
Supplies Expense 580
Interest Expense 45
Total debits $ 34990 Total Credits $34990
Instructions
(A) Determine the net income for the month of July
(B) Determine the amount for Owner’s, Capital at July 31, 2014
(C) Determine the Balance Sheet at July 31, 2014 fo

hello

BioPharm corporation manufactures aspirin (a pharmaceutical product). The following are information are related to the production and selling of 500,000 units of aspirin: Amount in $ Revenue 30,000,000 Cost of goods sold 51% of revenue Marketing cost ?? Operating income 6,700,000 You also Knew the following information : - The company has only two costs which are: Cost of goods sold and marketing costs - Only $3,680,000 of Cost of goods sold are Variable - Marketing cost represent the amount the company pays to its salespeople - The company pays to its salespeople fixed salaries of 2,300,000 and commission of 19% of revenues. Based on the previous information , Answer the following : 1. calculate contribution margin 2. calculate Contribution margin percentage 3. calculate contribution margin per unit 4. using excel represent the C-V-P graph and identify based on it the BEP, when the company losses and when it will have profits.

i need solve that as sooon as

tonight

plz jelpe me and answer of all question

#mangeiral accounting

Suppose two beer producers, POTUSS Pilsner and Supreme Court Stout. If they advertise, they can both sell more beer and increase their revenue. But, the cost of advertising more than offsets the increased revenue so that each producer ends up with a lower profit than if they do not advertise. On the other hand, if only one advertises, that producer increases its market share and also its profit.

1. Create a payoff matrix using the following hypothetical information: If neither producer advertises, each earns a profit of $35 million per year. If both advertise, each earns a profit of $20 million per year. If one advertises and the other does not, the producer who advertises earns a profit of $50 million and the producer who does not advertise earns a profit of $9 million.
2. If POTUS Pilsner wants to maximize profit, will it advertise? Briefly explain.
3. If the Supreme Court Stout wants to maximize profit, will it advertise? Briefly explain.
4. Is there a dominant strategy for each producer? Briefly explain.