• 100% Satisfaction Guarantee

Linda_us, Finance, Accounts & Homework Tutor
Category: Homework
Satisfied Customers: 7139
Experience:  Post Graduate Diploma in Management (MBA)
19873544
Linda_us is online now

# Good Morning! Last but not least, my final is tomorrow, Q1

### Resolved Question:

Good Morning!
Last but not least, my final is tomorrow, Q1 of 7,
1. Breaded Oak, Inc. has a policy that requires 20 percent of the expected sales of its product to be on hand at the end of the prior month. Forecasted sales, in units, for the months of January through April are as follows:

a) Calculate the number of units planned for ending inventory for January, February, and March.
b) b) Calculate the number of units budgeted to be produced in January, February, and March.
Submitted: 1 year ago.
Category: Homework
Expert:  Linda_us replied 1 year ago.
Thank you for requesting me. I will post the solution when I am done. Do you have a deadline
Expert:  Linda_us replied 1 year ago.

The question is incomplete. Some data is missing.

"for the months of January through April are as follows:"...Data missing here.

Customer: replied 1 year ago.

it's not letting me answer with all the questions.data

Customer: replied 1 year ago.

Trying 1-4

Thanks!

1. Breaded Oak, Inc. has a policy that requires 20 percent of the expected sales of its product to be on hand at the end of the prior month. Forecasted sales, in units, for the months of January through April are as follows:

Jan 36,000 Units Feb 42,000 units March 58,000 units April 52,000 units

a) Calculate the number of units planned for ending inventory for January, February, and March.

b) b) Calculate the number of units budgeted to be produced in January, February, and March.

2.Dominic's, Inc. had actual sales for January and February and forecasted sales for March, April, May and June as follows:

Actual: Jan \$192,000 Feb \$218,000

Forecasted: March \$225,000 April \$202,000 May \$234,000 June \$250,000

Based on company experience, it is estimated that 35 percent of a month's sales are collected in the month of sale, 48 percent in the month following the sale, and 16 percent in the second month following the sale. Calculate the estimated cash collections for March, April, and May.

3. The cost formula for the maintenance department of the Eifel Co. is \$6,500 per month plus \$3.50 per machine hour used by the production department.

(a.) Calculate the maintenance cost that would be budgeted for the month of May in which 5,700 machine hours are planned to be used.

(b.) Prepare an appropriate performance report for the maintenance department assuming that 5,860 machine hours were actually used in the month of May, and the total maintenance cost incurred was \$28,010.

4. The standards for one carton of Wonder Wax are:

Direct Materials: 4lbs@\$2.55

Direct Labor: 6 hours@\$5.25

Variable Overhead (based on direct labor hours) hours@\$3.40

During the week ended December 4, the following activity took place: • 4,600 lbs. of raw material were purchased for inventory at a cost of \$2.63 per pound; • 1,050 cartons of finished product were produced; • 4,225 lbs. of raw material were used; • 6,140 labor hours were worked at a total cost of \$33,463; • \$20,569 actual variable overhead costs were incurred. Calculate each of the following variances:

(a.) Price variance for raw materials purchased.

(b.) Raw materials usage variance.

(c.) Direct labor rate variance.

(d.) Direct labor efficiency variance.

Expert:  Linda_us replied 1 year ago.
OK. You can upload the questions as a document here using the pin icon on the tool bar above. If it does not work then you can upload it on an external site like www.box.com or www.mediafire.com and copy and paste the link here.
Customer: replied 1 year ago.

So it looks like its taking everything but the pictures I tried to include, (which has ll the needed ref data)

Are you able to see the pics for 5-7?

Expert:  Linda_us replied 1 year ago.

No there are no pics.

You can upload all the questions as a single document here using the paper pin icon on the tool bar above. If it does not work then you can upload it on an external site like www.box.com or www.mediafire.com and copy and paste the link here.

Customer: replied 1 year ago.

https://www.sugarsync.com/pf/D9116567_75184300_763154

Thank you!!

Expert:  Linda_us replied 1 year ago.
I have recived the file.The data seems fine. What is your total offer for all 7 questions.
Customer: replied 1 year ago.

What do you think is fair? Historically I haven't had any issue with you with adding in extra questions, but these are all word problems, so I understand if you think extra compensation is needed.

Expert:  Linda_us replied 1 year ago.
Well, to compensate the work involved I think if you add abonus of \$40, it would be fair.
Let me know. Thanks
Customer: replied 1 year ago.

I think that is very fair :)

Expert:  Linda_us replied 1 year ago.
Customer: replied 1 year ago.

:)

anytime today would be great, tomorrow is ok too if it's early, final is tomorrow afternoon.

Expert:  Linda_us replied 1 year ago.
OK.
Expert:  Linda_us replied 1 year ago.
You can view this answer by clicking here to Register or Login and paying \$3.
Linda_us, Finance, Accounts & Homework Tutor
Category: Homework
Satisfied Customers: 7139
Experience: Post Graduate Diploma in Management (MBA)

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

### What Customers are Saying:

• Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Last | Next >
• Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
• This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
• Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
• I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
• Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
• Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
• He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX

• ### Manal Elkhoshkhany

#### Satisfied Customers:

4522
More than 5000 online tutoring sessions.
< Last | Next >

### Manal Elkhoshkhany

#### Satisfied Customers:

4522
More than 5000 online tutoring sessions.

### LogicPro

#### Satisfied Customers:

3458
Expert in Java C++ C C# VB Javascript Design SQL HTML

### Linda_us

#### Satisfied Customers:

3124
Post Graduate Diploma in Management (MBA)

### Chris M.

#### Satisfied Customers:

2385
Master's Degree, strong math and writing skills, experience in one-on-one tutoring (college English)

### F. Naz

#### Satisfied Customers:

1988
Experience with chartered accountancy

### Bizhelp

#### Satisfied Customers:

1876
Bachelors Degree and CPA with Accounting work experience

### Seanna

#### Satisfied Customers:

1781
3,000+ satisfied customers, all topics, A+ work

## Related Homework Questions

Chat Now With A Tutor
Linda_us
3125 Satisfied Customers
Post Graduate Diploma in Management (MBA)