Riverbed Sporting Goods Store has the following sales budget: RIVERBED SPORTING GOODS STORE Sales Budget Four Months
Question:
RIVERBED SPORTING GOODS STORE
Sales Budget
Four Months Ended July 31
Suppose June sales are expected to be $81,000 rather than $65,000. Revise Riverbed's sales budget?
Transcribed Image Text:
July $ 39,000 $ 187,500 13,000 April Total May $ 60,750 $ 39,000 20,250 13,000 June $ 48,750 16,250 Cash sales (75%) Credit sales (25%) 62,500 $ 52,000 $ 250,000 Total sales $ 52,000 $ 81,000 $ 65,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
RIVERBED SPORTING GOODS STORE Sales Budget Four Months Ended July 31 Apri...View the full answer
Answered By
Sandip Nandnawar
I am a B.E (Information technology) from GECA and also have an M.C.M from The University of RTMNU, MH.
I worked as a software developer (Programmer and TL). Also working as an expert for the last 6 years and deal with complex assessment and projects. I have a team and lead a team of experts and conducted primary and secondary research. I am a senior software engg and senior expert and deal with all types of CSE and IT and other IT-related assessments and projects and homework.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Horngrens Accounting
ISBN: 978-0134674681
12th edition
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
Question Posted:
Students also viewed these Managerial Accounting questions
-
Maplehaven Sporting Goods Store has the following sales budget: Suppose June sales are expected to be $80,000 rather than $64,000. Requirement 1. Revise Maplehavens salesbudget. MAPLEHAVEN SPORTING...
-
Maplehaven Sporting Goods Store has the following sales budget: Suppose June sales are expected to be $ 80,000 rather than $ 64,000. Revise Maplehavens salesbudget. MAPLEHAVEN SPORTING GOODS STORE...
-
Riverside Sporting Goods Store has the following sales budget: Suppose June sales are expected to be $82,000 rather than $66,000. Revise Riversides sales budget. RIVERSIDE SPORTING GOODS STORE Sales...
-
State the SQL code for the following statements 1. Retrieve the salary of every employee 2. Retrieve the total number of employees in the company. 3. Retrieve the total number of employees in the...
-
The electric field of a uniform plane wave propagating in free space is given by E (x + jy) 20ejz/6 (V/m). Specify the modulus and direction of the electric field intensity at the z =0 plane...
-
The regression tree below relates credit score to number of defaults (NUM DEF), revolving balance (REV BAL), and years of credit history (YRS HIST). Predict the credit score of each of the following...
-
The brass rod is fixed at one end and free at the other end. If the eccentric load \(P=200 \mathrm{kN}\) is applied, determine the greatest allowable length \(L\) of the rod so that it does not...
-
The Blue Seas Company, which is under contract to the U. S. Navy, assembles troop deployment boats. As part of its research program, it completes the assembly of the first of a new model (PT109) of...
-
Compare the unemployment, employment, inflation levels, and prices of commodities for Alberta and the rest of the provinces in Canada. Focus on the period from April 2020 to August 2023. Provide...
-
1. Investigate SCR's Web site and learn about the company's history, purpose, and values. Is the site user-friendly? Why or why not? Provide at least four improvements you would suggest to Jesse. 2....
-
Refer to the Berry's schedule of cash receipts from customers that you prepared in Short Exercise S22-9. Now assume that Berry's sales are collected as follows: 60% in the month of the sale 20% in...
-
Yarbrough Company manufactures T-shirts printed with tourist destination logos. The following table shows sales prices and projected sales volume for the summer months: Prepare a sales budget for...
-
Name some factors that can cause a shift in the supply curve in labor markets.
-
The BujagaliHydropower plant straddles the River Nile some 8 km downstream from Lake Victoria. Completed in 2012, it is a run of the river* 250 MW plant that provides up to 50% of Uganda's energy...
-
9is divided by x-2, the remainder is -5. - 8. When the polynomial 3x3 + ax + bx When it is divided by x + 1, the remainder is -16. Determine the values of a and b.
-
The data below represent students' exam scores in your statistics class, use it to answer the questions that follow. 47 64 65 67 67 67 70 72 74 76 76 81 81 ...
-
Work out which number line below shows the values that x can take if 3 x 2. - A +12345678910 8 9 10 B D 5 6 7 8 9 10 6 7 8 E 2 F 3 4 7 8 9 10 1 2 3 4 5 6 7 8 9 10
-
Consider a project that costs $800,000 to start immediately and is expected to generate $125,00 a year for 10 years with no cash flows after that. If the firm's discount rate is 6%, should the firm...
-
Ren/Tex Realty Inc (Ren/ Tex) sold several properties on behalf of Erin Amelia Investments Ltd (Erin Amelia). Erin Amelia therefore became contractually obliged to pay a commission of $38 000 to Ren/...
-
Problem 2. (0.6 points, 0.2 points for each question) (a) A company turns its inventory 2 times a month. Its months-of-supply = Its days-of-supply = Please show your analysis below: _months. days. (1...
-
Scott Tax Services had the following accounts and account balances after adjusting entries. Assume all accounts have normal balances. Prepare the adjusted trial balance for Scott Tax Services' year...
-
Do International Financial Reporting Standards (IFRS) for publicly accountable enterprises in Canada have an impact on the adjusting process for these companies?
-
On June 30, 2017, Magnus' Muffins paid $18,000 for business insurance for the next year. Record the entries for the purchase of the insurance by recording it as an expense and then making a year-end...
-
Perform one step of row reduction, in order to calculate the values for x and y by back substitution. Then calculate the values for x and y. Also calculate the determinant of the original matrix....
-
1 23 13 23 -3 23 23 23 23 Let A be the matrix of the quadratic form below. It can be shown that the eigenvalues of A are 6, 9, and 12. Find an orthogonal matrix P such that the change of variable x =...
-
Solve for X. -2] 9 2 x + 1 } = 3 3 x [5
Study smarter with the SolutionInn App