Problem 4.3 Refer to Problem 4.2. Develop a forecast for years 2 through 12 using exponential smoothing with a= .4
and a forecast for year 1 of 6. Plot your new forecast on a graph with
the actual data and the naive forecast. Based on a visual inspection,
which forecast is better
Year 1 2 3 4 5 6 7 8 9 10 11
Demand 7 9 5 9 13 8 12 13 9 11 7
Click here for the solution: Refer to Problem 4.2. Develop a forecast for years 2 through 12 using exponential smoothing with a= .4 and a forecast for year 1 of 6
Showing posts with label Refer. Show all posts
Showing posts with label Refer. Show all posts
Sunday, September 20, 2015
Saturday, August 22, 2015
Refer to the information given in the preceding problem for Great Outdoze, Inc
8-30 Refer to the information given in the preceding problem for Great Outdoze, Inc. Assume that direct material is the only unit-level manufacturing cost. The company has committed its spending for direct labor and overhead (variable and fixed).
Required:
1. Calculate the product cost per sleeping bag under throughput costing.
2. Prepare an income statement for the year 20x4 using throughput costing.
3. Give an argument for and against throughput costing.
Check: 2. Throughput costing, gross margin: $1,980,000
Click here for the solution: Refer to the information given in the preceding problem for Great Outdoze, Inc
Required:
1. Calculate the product cost per sleeping bag under throughput costing.
2. Prepare an income statement for the year 20x4 using throughput costing.
3. Give an argument for and against throughput costing.
Check: 2. Throughput costing, gross margin: $1,980,000
Click here for the solution: Refer to the information given in the preceding problem for Great Outdoze, Inc
Friday, July 3, 2015
Refer to P21-21A. Clipboard Office Supply's sales are 75% cash and 25% credit
P21-22A Preparing a financial budget
Refer to P21-21A. Clipboard Office Supply's sales are 75% cash and 25% credit. (Use the rounded sales values) Credit sales are collected in the month of purchase and 75% the following month. Salaries and sales commissions are also paid half in the month earned and half the next month. Income tax is paid at the end of the year.
The April 30, 2011 balance sheet showed the following balances:
Cash $25,000
Accounts payable 53,000
Salaries and commission payable 2,500
Requirements:
1. Prepare schedules of (a) budgeted cash collections, (b) budgeted cash payments for purchases, and (c) budgeted cash payments for operating expenses. Show amounts for each month and totals for May and June. Round your computations to the nearest dollar.
2. Prepare a cash budget. If no financing activity took place, what is the budgeted cash balance on June 30, 2011?
Click here for the solution: Refer to P21-21A. Clipboard Office Supply's sales are 75% cash and 25% credit
Refer to P21-21A. Clipboard Office Supply's sales are 75% cash and 25% credit. (Use the rounded sales values) Credit sales are collected in the month of purchase and 75% the following month. Salaries and sales commissions are also paid half in the month earned and half the next month. Income tax is paid at the end of the year.
The April 30, 2011 balance sheet showed the following balances:
Cash $25,000
Accounts payable 53,000
Salaries and commission payable 2,500
Requirements:
1. Prepare schedules of (a) budgeted cash collections, (b) budgeted cash payments for purchases, and (c) budgeted cash payments for operating expenses. Show amounts for each month and totals for May and June. Round your computations to the nearest dollar.
2. Prepare a cash budget. If no financing activity took place, what is the budgeted cash balance on June 30, 2011?
Click here for the solution: Refer to P21-21A. Clipboard Office Supply's sales are 75% cash and 25% credit
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