Flintstone Company sells boulders to the public. The company is planning its Sales Budget for 2023-year...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Flintstone Company sells boulders to the public. The company is planning its Sales Budget for 2023-year end. The company plans to sell 800 boulders in each of the 1st and 2nd quarters of 2023. In the 3rd quarter the company expects to sell 750 Boulders. In the 4th quarter the company expects to sell only 450 Boulders. For the first three quarters of 2023 the company expects to sell each Boulders for $100. However due unfavorable weather conditions that usually affect the company in the 4th quarter, they will sell each boulder for $200 (in the fourth quarter only). Calculate the total sales to be listed on the sales budget for the year ended 2023. Flintstone Company sells boulders to the public. The company is planning its Sales Budget for 2023-year end. The company plans to sell 800 boulders in each of the 1st and 2nd quarters of 2023. In the 3rd quarter the company expects to sell 750 Boulders. In the 4th quarter the company expects to sell only 450 Boulders. For the first three quarters of 2023 the company expects to sell each Boulders for $100. However due unfavorable weather conditions that usually affect the company in the 4th quarter, they will sell each boulder for $200 (in the fourth quarter only). Calculate the total sales to be listed on the sales budget for the year ended 2023.
Expert Answer:
Answer rating: 100% (QA)
Flintstone Company Sales Budget for 2023 Quarter Units ... View the full answer
Posted Date:
Students also viewed these accounting questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
A manufacturer of cases for sound equipment requires that holes be drilled for metal screws. The drill bits wear out and must be replaced; there is expense not only in the cost of the bits but also...
-
Hartzler Enterprises issued 8%, 8-year, $2,000,000 par value bonds that pay interest semiannually on October 1 and April 1.The bonds are dated April 1, 2011, and are issued on that date. The discount...
-
The accounting records for ADR, Inc., reflected the following amounts at the end of August, 2010: Calculate the gross profit percentage and current ratio for 2010. Cash........ $3,200 Cost of Goods...
-
BatCo makes metal baseball bats. Each bat requires 1 kg. of aluminum at $ 18 per kg. and 0.25 direct labor hours at $ 20 per hour. Overhead is assigned at the rate of $ 40 per labor hour. What...
-
A machine has a first cost of P 7 3 5 0 0 and a salvage value of P 3 5 0 0 at the end of its useful life of 8 years. Evaluate the depreciation of the machine at during the 5 th year using the...
-
You took a 5-year $256,000 interest only loan. The APR is 10.7%/year and payments are monthly. What will be your loan balance ($) a year from, right after paying your 12th payment?
-
Describe how these fit into the BPM house.
-
Bhattacharya and Vogt (2003) study the pricing strategies of pharmaceutical companies that bring new drugs to market. They observe that new drugs often debut at relatively low prices and get more...
-
Advance deposit schemes and effective exchange rates. Over the years, a number of developing countries have maintained an advance deposit scheme for imports. Such systems typically require importers...
-
Why is just adopting a few high-level steps and a bunch of suggested tools not enough?
-
What are the benefits of conducting the Red Wine Test?
-
You are thinking of opening a business. Which type of business organization would you choose to limit your personal liability and why? Be sure to compare the different types of business organizations...
Study smarter with the SolutionInn App