Please if you can do this for me by tomorrow evening. I will pay


Question Description:

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Please if you can do this for me by tomorrow evening. I will pay extra for this. ACC202.pdf with the manager of PD As, reports to the manager for all sales of handheld devices, Mary Burton. Burton received the following data for September 2011 operations: Cell Phones Digital Video Revenues, budget …… Expenses, budget …… Revenues, actual ……. Expenses, actual ……. 202,000 143,000 213,000 130,000 PDAs 800,000 420,000 890,000 440,000 400,000 275,000 350,000 260,000 Requirement 1. Arrange the data in a performance report similar to Exhibit 21-20. Show September results, in thousands of dollars, for digital cell phones, for the total cell phone product line, and for all devices. Should Burton investigate the performance of digital cell phone operations? • Problems (Group A) ."JJI P21-20A (L.OB]. ~ 1, 2, 6) Why managers use budgets, understanding the components of the master budget, and preparing performance reports for responsibility centers [5D-60 min] Doggy World operates a chain of pet stores in the Midwest. The manager of each store reports to the regional manager, who, in tum, reports to the headquarters in Milwaukee, Wisconsin. The actual income statements for the Dayton store, the Ohio region (including the Dayton store), and the company as a whole (including the Ohio region) for July 2011 are as follows: Revenue Expenses: Regional manager/headquarcers office Cost of materials Salary expense Depreciation expense Utilities expense Rent expense Total expenses Operating income 4,400,000 158,400 85,536 41,184 7,800 4,000 $ 58,000 880,000 440,000 91,000 46,600 122,000 1,760,000 1,100,000 439,000 264,000 2,500 34,500 178,000 141,020 1,550,100 3,863,000 ~ 209,900 537,000 —- The Master Budget and Responsibillty Accounting 1121 Budgeted amounts for July were as follows: Dayton Revenue Ohio 173,400 Expenses: Regional manager/headquarters office Cost of materials Salary expense Depreciation expense Utilities expense Rent expense Total expenses Operating income 91,902 41,616 7,800 4,900 Companywide 1,883,000 $ 4,650,000 64,600 1,035,650 470,750 87,500 54,600 124,000 2,092,500 1,162,500 446,000 274,000 3,400 32,700 169,000 149,618 1,745,800 4,268,000 23,782 137,200 382,000 Requirements 1. Prepare a report for July 2011 that shows the performance of the Dayton store, the Ohio region, and the company as a whole. Follow the format of Exhibit 21-20. 2. As the Ohio regional manager, would you investigate the Dayton store on the basis of this report? Why or why not? 3. Should Doggy World prepare the master budget? Briefly discuss the benefits of budgeting. Base your discussion on Doggy World’s performance report. .ll P21-21A .l’ (L.OB]. 2) Preparing an operating budget [30 min] The budget committee of Clipboard Office Supply has assembled the following data. As the business manager, you must prepare the budgeted income statements for May and June 2011. Requirement a. Sales in April were $50,000. You forecast chat monthly sales will increase 2.0% in May and 2.4% in June. b. Clipboard maintains inventory of $9,000 plus 25% of the sales revenue budgeted for the following month. Monthly purchases average 50% of sales revenue in that same month. Actual inventory on April 30 is $13,000. Sales budgeted for July are $65,000. c. Monthly salaries amount co $3,000. Sales commissions equal 4% of sales for chac monch. Combine salaries and commissions inco a single figure. d. Ocher monthly expenses arc as follows: Rene expense Depreciation expense Insurance expense Income tax $2,600, paid as incurred $300 $200, expiration of prepaid amoum 20% of operating income 1. Prepare Clipboard Office Supply’s budgeted income statements for May and June. Show cost of goods sold computations. Round all amounts to the nearest $100. (Round amounts ending in $50 or more upward, and amounts ending in less than $50 downward.) For example, budgeted May sales are $51,000 ($50,000 x 1.02), and June sales are $52,200 (

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