15.36 - .. 1,8 (.72 a x $2,500) Administrative (fixed) 2,4...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
15.36 (25 min) Prepare budgeted financial statements a. P OOLSIDE , I NC . Budgeted Income Statement For the Month of September Calculations Revenues……………………………………… ……. . $17,1 3 6 (90% x 280) x (80% x 1.7) x $50 Less service costs: Variable costs……………………………………. . 3,3 9 8 (.72 a x $4,720) Maintenance and repair………………………… 4,2 4 2 (1.01 x $4,200) Depreciation………………………… ……………. 2,2 0 0 (no change) Total service costs………………………. .. $ 9 , 8 4 0 Marketing and administrative: Marketing (variable) …………………………….
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: .. 1,8 (.72 a x $2,500) Administrative (fixed) 2,4 1 5 (1.05 x $2,300) Total marketing and administrative costs. . $ 4 , 2 1 5 Total costs $14,0 5 5 Operating profit ... $ 3 , 8 1 Z & a Ratio of September to August volume: September: (90% x 280) x (80% x 1.7) = 342.72 August: 280 x 1.7 = 476 Ratio = .72 = 342.72/476 or Ratio = .80 x .90 = .72...
View Full Document

Page1 / 2

15.36 - .. 1,8 (.72 a x $2,500) Administrative (fixed) 2,4...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online