Question: I'm stuck on this question. it's all one problem. plz help planning for 20Y2, its second year of operations, by preparing budgets from its master











I'm stuck on this question. it's all one problem. plz help
planning for 20Y2, its second year of operations, by preparing budgets from its master budget. company is interested in budgeting for selling and administrative costs, and in creating a budgeted income statement showing a prediction of net income for 20y2. You have been asked to assist the controller of LearnCo in preparing the 20Y2 budgets. Sales Budget and expected industry and general econiomic conditions. Learnco has completed reviewing its prior year's sales and has prepared the following sales budget. the same. Fill in the missing amounts. manufactured to meet budgeted sales and desired inventory levels. Direct Materials Purchases Budget The direct materials purchases budget should be integrated with the production budget to ensure that production is not interrupted during the year. For the Year Ending December 31, 20Y2 Direct Labor Cost Budget dollar. Direct Labor Cost Budget For the Year Ending December 31, 20Y2 Factory Overhead Cost Budget separated costs in this manner. work in process, and finished goods must also be integrated into the cost of goods sold budget. Selling/Admin. Expenses Budget has prepared its selling and administrative expenses budget as follows. This budget is merely reviewed by you for use on the budgeted income statement. Selling/Admin. Expenses Budget The sales budget is often used as the starting point for the selling and administrative expenses budget. For example, a budgeted increase in sales may require more advertising expenses. Learnco has prepared its selling and administrative expenses budget as follows. This budget is merely reviewed by you for use on the budgeted income statement. preparing the budgeted income statement are on the following Budgeted Income Statement Data Table. production of each model. ignore any change in Cost of Goods Sold. a. If LearnCo sells zero Deluxe Abacus units in 20Y2, it will break even (i.e., the company will have zero income before income tax). b. Learn Co will have a net loss before income tax if it sells zero Deluxe Abacus units in 20Y2. c. LearnCo will still have positive income before income tax if it sells zero Deluxe Abacus units in 20Y2. c. LearnCo will still have positive income before income tax if it sells zero Deluxe Abacus units in 20Y2. a. If the price for bead packages doubles, Learnco will break even (i.e., the company will have zero income before income tax). b. LearnCo will have a loss before income tax if the price for bead packages doubles. c. LearnCo will still have positive income before income tax if the price for bead packages doubles. be the effect on Learnco's income before income tax? a. LearnCo will still have positive income before income tax if Gluing labor costs increase to $15.00 per hour: b. If Gluing labor costs increase to $15.00 per hour, Learn Co will break even (i.e., the company will have zero income before income tax). c. LearnCo will have a loss before income tax if Gluing labor costs increase to $15.00 per hour. expense cuts are implemented? Round your answer to the nearest dollar
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