SALES BUDGET
April
Budgeted sales
(units).
Selling price per unit.
Total sales.
20,000
$10
$200,00
0
May
June
50,000
$10
$500,00
0
30,000
$10
$300,00
0
Quarter
100,000
$10
$1,000,00
0
SCHEDULE OF EXPECTED CASH COLLECTIONS
Additional data:
All sales a
AGENDA: FLEXIBLE BUDGETS AND PERFORMANCE
ANALYSIS
A. Preparing flexible budgets.
B. Calculating activity variances.
C. Calculating revenue and spending variances.
D. Preparing flexible budgets with more than one cost driver.
E.
Understanding common errors
EXAMPLE OF STATEMENT OF CASH FLOWS
Aspen Corporation
Comparative Balance Sheets
(in millions of dollars)
Assets
Cash.
Accounts receivable.
Inventory.
Long-term investments.
Property, plant and equipment.
Less accumulated depreciation.
Property, plant and
Elizabeth Altenburg
Case #1
2/26/17
Acct 232
1. Contribution format income statement: Present Operations
Amount
Per Unit
Sales (15,000 * $30/unit)
$450,000
$30
Variable Expenses
$315,000
$21
Contribution Margin
$135,000
$9
Fixed Expenses
$90,000
Net Opera
CHAPTER 8
CONSTRUCTING CONFIDENCE
INTERVALS for & P
Introduction to Inferential Statistics
Constructing Confidence Interval for Population Mean
Determining the Sample Size for a Desired Margin of Error,
Case of
Constructing Confidence Interval for P
CHAPTER 9
HYPOTHESIS TESTINGPOPULATION
EAN AND PROPORTION
Introduction to Hypothesis Testing and
Applications
Hypothesis Testing about Population Mean
Hypothesis Testing regarding Population
Proportion
Type of Errors in Hypothesis Testing
INTRODUCTION
Chapter 10
The Cost of Capital
Answers to End-Of-Chapter Questions & Problems
10-1
Probable
Effect
on
rd(1 T)
rs
WACC
a. The corporate tax rate is lowered.
+
0
+
b. The Federal Reserve tightens credit.
+
+
+
c. The firm uses more debt; that is, it increas
Chapter 6
Interest Rates
Cost of Money and Interest Rate
Levels
Determinants of Interest Rates
The Term Structure and Yield
Curves
Using Yield Curve to Estimate
Future Interest Rates
6-1
What four factors affect the level
of interest rates?
Production
opp