Final case study

Final case study - Final Case study 1 SalesBudget Projected...

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Final Case study 1   Sales Budget January Projected Unit Sales 7,500 Selling Price per Unit $60.00 $450,000 2   Purchases Budget January Next Period's Unit Sales 8,000 Ending Inventory Percent 25% Desired Ending Inventory 2,000 Current Period's Ending Sales 7,500 Units to be Avaialble 9,500 Less Beginning Inventory -6,000 Units to be Purchased 3,500 Budgeted Cost per Unit $25 Projected Purchases $87,500   Budgeted Cost of Goods Sold January This Period's Unit Sales 7,500 Budgeted Cost per Unit $25 Projected Cost of Goods Sold $187,500   Budgeted Inventory for March 31 Units 2,000 Cost per Unit $25 Total $50,000 3 Selling Expense Budget January Budgeted Sales $450,000 Commission Percent 10.0% Sales Commissions $45,000 Manager's Salary $50,000 Projected Selling Expense $95,000 4 January Administrative Salaries $8,000 Depreciation Expense $3,583 Maintenance Expense $2,500 Projected Expenses $14,083 Depreciation for equipment purchased in 2008 $40,000 $3,333
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Depriciation for equipment purchased in Jan. 2009 $3,000 $250 Depriciation for equipment purchased in Feb. 2009 $12,000
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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 - Final Case study 1 SalesBudget Projected...

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