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Author Question: Sherry and John Enterprises are using the kaizen approach to budgeting for 2018. The budgeted income ... (Read 112 times)

jerry coleman

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on: Mar 6, 2021
Sherry and John Enterprises are using the kaizen approach to budgeting for 2018. The budgeted income statement for January 2018 is as follows:

Sales (168,000 units) $1,010,000
Less: Cost of goods sold    690,000
Gross margin320,000
Operating expenses 400,000
 (includes $55,000 of fixed costs)
Operating income -$80,000

Under the kaizen approach, cost of goods sold and variable operating expenses are budgeted to decline by 1% per month.

What is the budgeted operating income for March 2018?
◦ -$18,100
◦ $396,550
◦ -$59,403
◦ $683,100
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by jerry coleman on Mar 6, 2021

atrochim

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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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jerry coleman

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

rachel

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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