Final Case Study - Long Beach Boards

Final Case Study - Long Beach Boards - Final Case Study...

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Final Case Study - Long Beach Boards Tanya Krupetskiy, Sara Lopez, Jurate Urbonaite, Edward Crawford 1 Sales Budget January February March Quarter Projected Unit Sales 7,500 8,000 9,500 Selling Price per Unit $60.00 $60.00 $60.00 $450,000 $480,000 $570,000 $1,500,000 2 Purchases Budget January February March Quarter Next Period's Unit Sales 8,000 9,500 8,000 Ending Inventory Percent 25% 25% 25% Desired Ending Inventory 2,000 2,375 2,000 Current Period's Ending Sales 7,500 8,000 9,500 Units to be Avaialble 9,500 10,375 11,500 Less Beginning Inventory -6,000 -2,000 -2,375 Units to be Purchased 3,500 8,375 9,125 Budgeted Cost per Unit $25 $25 $25 Projected Purchases $87,500 $209,375 $228,125 $525,000 Budgeted Cost of Goods Sold January February March Quarter This Period's Unit Sales 7,500 8,000 9,500 Budgeted Cost per Unit $25 $25 $25 Projected Cost of Goods Sold $187,500 $200,000 $237,500 $625,000 Budgeted Inventory for March 31 Units 2,000 Cost per Unit $25 Total $50,000 3 Selling Expense Budget January February March Quarter
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Budgeted Sales $450,000 $480,000 $570,000 $1,500,000 Commission Percent 10.0% 10.0% 10.0% 10.0% Sales Commissions $45,000 $48,000 $57,000 $150,000 Manager's Salary $50,000 $50,000 $50,000 $150,000 Projected Selling Expense $95,000 $98,000 $107,000 $300,000 4 January February March Quarter Administrative Salaries $14,000 $14,000 $14,000 $42,000 Depreciation Expense $3,583 $4,583 $4,917 $13,083 Maintenance Expense $2,500 $2,500 $2,500 $7,500 Projected Expenses $20,083 $21,083 $21,417 $62,583 Depreciation for equipment purchased in 2008 $40,000 per year $3,333 per month Depriciation for equipment purchased in Jan. 200 $3,000 per year $250 per month Depriciation for equipment purchased in Feb. 200
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This note was uploaded on 11/11/2009 for the course ACC 121 taught by Professor Cline during the Spring '09 term at Colorado Mountain.

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Final Case Study - Long Beach Boards - Final Case Study...

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