Maplehaven Sporting Goods Store has the following sales budget: Suppose June sales are expected to be $
Question:
Maplehaven Sporting Goods Store has the following sales budget:
Suppose June sales are expected to be $ 80,000 rather than $ 64,000. Revise Maplehaven’s salesbudget.
Transcribed Image Text:
MAPLEHAVEN SPORTING GOODS STORE Sales Budget Four Months Ended July 31 May April 40,80064,00051.200 40800 196,800 June July Total Cash sales (80%) (20%) $10,000: $80000-4 00-1000 T 246 00 0,200 16,00 12,80 10,200 49,200 5100080000 64,00051,000 $246,000 Total sales
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
MAPLEHAVEN SPORTING GOODS STORE Sales Budget Four Months Ended July 31 ...View the full answer
Answered By
Muhammad Ahtsham Shabbir
I am a professional freelance writer with more than 7 years’ experience in academic writing. I have a Bachelor`s Degree in Commerce and Master's Degree in Computer Science. I can provide my services in various subjects.
I have professional excellent skills in Microsoft ® Office packages such as Microsoft ® Word, Microsoft ® Excel, and Microsoft ® PowerPoint. Moreover, I have excellent research skills and outstanding analytical and critical thinking skills; a combination that I apply in every paper I handle.
I am conversant with the various citation styles, among them; APA, MLA, Chicago, Havard, and AMA. I also strive to deliver the best to my clients and in a timely manner.My work is always 100% original. I honestly understand the concern of plagiarism and its consequences. As such, I ensure that I check the assignment for any plagiarism before submission.
4.80+
392+ Reviews
587+ Question Solved
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
Question Posted:
Students also viewed these Cost Accounting questions
-
Sales for October, November, and December are expected to be $200,000, $180,000, and $220,000, respectively, for the Gurumai Company. All sales are on account (terms 2/15, net 30 days) and are...
-
Sales for Ross Pros Sports Equipment are expected to be 4,800 units for the coming month. The company likes to maintain 10 percent of unit sales for each month in ending inventory . Beginning...
-
Sales for Western Boot Stores are expected to be 40,000 units for October. The company likes to maintain 15 percent of unit sales for each month in ending inventory (i.e., the end of October)....
-
As programs become more complex, it becomes increasingly important to plan or "design" your code before writing it. Designing your code will help you organize its logic. It will also help you keep...
-
A quantity of ice at 0.0C was added to 33.6 g of water at 21.0C to give water at 0.0C. How much ice was added? The heat of fusion of water is 6.01 kJ/mol and the specific heat is 4.18 J/(gC).
-
A common stock currently has a beta of 1.7, the risk-free rate is 7% annually, and the market return is 12% annually. The stock is expected to generate per-share benefits of $6.70 during the coming...
-
Estimate the magnitude of the magnetic field at location 2 in Figure P27.14 if the magnetic field magnitude at location 1 is \(0.27 \mathrm{~T}\). Note that real magnetic field lines spread out in...
-
Reporting Stockholders Equity on a Balance Sheet and Recording the Issuance of Stock At the end of the 2011 annual reporting period, Barnard Corporations balance sheet showed the following: During...
-
1 What is HRM 2 What is Training and Developmnt 3 What is Recruitment 4 What is Selection 5 What is HRP 6 What is Job Analysis 7 What is a Career Planning and Development 8 What is Job-Description 9...
-
If the consumption function is given by C = 4200 + 0.75Y, state the marginal propensity to consume and deduce the marginal propensity to save.
-
Refer to the Yoders schedule for cash receipts from customers that you prepared in Short Exercise S22- 9. Now assume that Yoders sales are collected as follows: 50% in the month of the sale 30% in...
-
The following are some of the components included in the master budget of a merchandising company. a. Budgeted balance sheet b. Sales budget c. Capital expenditures budget d. Budgeted income...
-
Determine the lengths of wires AD, BD, and CD. The ring at D is midway between A andB. 0.5 m -2 m 0.5 m 1.5 m
-
Malik has an adjusted gross income (AGI) of $150,000. He donated to the local church some stock valued at $90,000 that was purchased eight months ago. His basis in this stock was $80,000. What is...
-
Distributed computing also refers to the use of distributed computing, a problem is divided into many tasks, each of which is solved by one of more computers problems programs. coctes systems.
-
Josh Luber Why sneakers are a great investment 33 unread replies.33 replies. Josh Luber is a "sneakerhead," a collector of rare or limited sneakers. With their insatiable appetite for exclusive...
-
Consider the attached picture taken from a pizza menu listing the toppings that are offered. Do you know how to determine the number of ways that you can order a pizza from this pizzeria assuming you...
-
Critically explain why the case of Paris v Stepney Borough Council (1950) BC [1951] HL may relate to the Equality Act 2010?
-
Differentiate. y = x 3 /1 x 2
-
As indicated by mutual fund flows, investors tend to beat the market seek safety invest in last year's winner invest in last years loser
-
A study of small business failures found that owners generally cited factors such as economic depression or strong competition as causes. However, creditors of these failed businesses were much more...
-
Refer to the Rapp Hardware information in Exercise E26-19. Assume the project has no residual value. Compute the ARR for the investment. Round to two places. E26-21 Using the time value of money...
-
Sharon wants to take the next five years off work to travel around the world. She estimates her annual cash needs at $34,000 (if she needs more, she will work odd jobs). Sharon believes she can...
-
Eon Industries is deciding whether to automate one phase of its production process. The manufacturing equipment has a six-year life and will cost $920,000. Projected net cash inflows are as follows:...
-
a) Give examples of low, medium and high strain rate test types. [4 marks] b) A plot of log (stress) against log (strain rate) provides a straight line relationship. Based on this, provide an...
-
3- Let the density of the pyramid material be p = 2000 kg/m. Determine the average normal stress at a cross section located at x measured from the apex. Express the stress as a function of x. Assume...
-
You are designing a wing with no aerodynamic twist based on the airfoil camber given by: N C 3.1 (H-H) = 0.1 The wing will have an aspect ratio of 10, a taper ratio of 0.8, and a constant geometric...
Study smarter with the SolutionInn App