Author Question: The natural business year is a a. fiscal year that ends when business activities are at their ... (Read 152 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560
The natural business year is a
 a. fiscal year that ends when business activities are at their lowest point
  b. calendar year that ends when business activities are at their lowest point
  c. fiscal year that ends when business activities are at their highest point
  d. calendar year that ends when business activities are at their highest point

Question 2

Prescher Company sells three products with the following seasonal sales pattern:
 
  The annual sales budget shows forecasts for the different products and their expected selling price per unit to be as follows:
 
   Product Units Selling Price
   A 50,000  16
   B 125,000 40
   C 62,500 24
 
  Required:
  Prepare a sales budget, in units and dollars, by quarters for the company for the coming year.



voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Answer to Question 1

a

Answer to Question 2

Answer: First Second Third Fourth
Quarter Quarter Quarter Quarter Total

Product A
Sales (in units) 20,000 15,000 10,000 5,000 50,000
 Price per unit 16 16 16 16 16
Sales (in dollars) 320,000 240,000 160,000 80,000 800,000

Product B
Sales (in units) 37,500 25,000 25,000 37,500 125,000
 Price per unit 40 40 40 40 40
Sales (in dollars) 1,500,000 1,000,000 1,000,000 1,500,000 5,000,000

Product C
Sales (in units) 6,250 18,750 31,250 6,250 62,500
 Price per unit 24 24 24 24 24
Sales (in dollars) 150,000 450,000 750,000 150,000 1,500,000

Total sales 1,970,000 1,690,000 1,910,000 1,730,000 7,300,000



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

For a complete list of videos, visit our video library