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...
-
If two companies in the same industry use different methods to value inventory, this makes comparisons more difficult but not impossible. a. True b. False 2. An increase in a company's revenue and...
-
On July 17, 2011, Tim McGraw borrowed $42,000 from his grandfather to open a clothing store. Starting July 17, 2012, Tim has to make 10 equal annual payments of $6,500 each to repay the loan. Use a...
-
The accounting records for ADR, Inc., reflected the following amounts at the end of August 2010: Prepare the ADR, Inc., classified balance sheet at August 31,2010. Use the report format. Cash......
-
Tohono Companys 2013 master budget included the following fixed budget report. It is based on an expected production and sales volume of 20,000 units. Required 1. Classify all items listed in the...
-
1 SydGee transferred $260,000 from his early retirement savings to his business bank account. On 1 June 2023, Syd Gee began trading as a landscape retall material supplier. The transactions for the...
-
1.Why do we need environmental ethics environment. What are the basic principles of ethics?
-
Provide a brief explanation of why strategy should be involved with BPM activities.
-
How will BPM activity width impact a BPM approach?
-
Describe the difference between project execution and operational execution.
-
What is process architecture and what are its typical aspects?
-
Name a couple of ways in which technology can assist with BPM in your organization.
-
A corporation received its charter and began business this year. The company is authorized to issue 50,000 shares of $100 par, 10%, noncumulative, nonparticipating preferred stock, and 500,000 shares...
Study smarter with the SolutionInn App