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The manager of MN Company give you the following data to prepare the required purchases for the coming three months Estimated sales for January...

1.      The manager of MN Company give you the following data to prepare the required purchases for the coming three months


Estimated sales for January   $60,000.00

For the coming

5%

Three months

Cost of goods sold (CGS) 60% of sales

Beginning inventory $10,000.00

Ending inventory equal to $10,000.00

Of next

               20% of next month CGS

Estimated purchases for March should be between 



2-Static budgeting use

a-Several levels of activities

b-One level of activities

c-Both a and b

d-Either a or b 


3- Given the following data for Tan Company

Sales (in units) $60,000.00

Selling price per unit 28

Manufacturing costs per unit

Materials 5

Direct labor 4

Overhead

Variable 4

fixed 10

Total 23

Gross margin 5

Selling and admin. Expenses per unit 2

Operating income 3


A company in a foreign market offer to buy and the offer specifies the following data

units to be sold

10,000

price per unit 13

what is the logical decision about this special offer

a- do not reject the special offer

b- reject the special offer

c- indifferent to reject or not the special offer

d- always accept the special offer .

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