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Author Question: Allscott Company is developing its budgets for 2019 and, for the first time, will use the kaizen ... (Read 74 times)

stephzh

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on: Mar 6, 2021

Question 1

Variances that are calculated frequently and in a timely manner can provide early warnings to management so corrective action can be taken.
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Question 2

Allscott Company is developing its budgets for 2019 and, for the first time, will use the kaizen approach. The initial 2019 income statement, based on static data from 2018, is as follows: 

Sales (140,000 units)$420,000
Less: Cost of goods sold280,000
Gross margin140,000
Operating expenses (includes $28,000 of depreciation)112,000
Net income$28,000

Selling prices for 2019 are expected to increase by 8%, and sales volume in units will decrease by 10%. The cost of goods sold as estimated by the kaizen approach will decline by 10% per unit. Other than depreciation, all other operating costs are expected to decline by 5%. 

Required: 
Prepare a kaizen-based budgeted income statement for 2019.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by stephzh on Mar 6, 2021

anyusername12131

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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stephzh

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Reply 2 on: Mar 6, 2021
Gracias!

sailorcrescent

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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