p9.2a p9.

3a
SALES BUDGET a. sales budget for 2020
JB 50 JB 60 TOTAL selling price - 8.40
expected unit sales 400,000 200,000 sales in units
unit selling price 20 25 divede
total sales 8,000,000 ### 13,000,000
multiply
sales in units
PRODUCTION BUDGET
JB 50 JB 60 TOTAL sales in dollars
Expected unit sales 400,000 200,000 multiply
add: desired ending FG units 30,000 15,000
total: required units 430,000 215,000
less: beginning FG units 25,000 10,000 PLAN B
required production units 405,000 205,000 610,000 sales in units
sales in dollars
DIRECT MATERIALS BUDGET
JB 50 JB 60 TOTAL b. production budget
units to be produced 405,000 205,000 610,000
dm p.u 2 3 PLAN A
total pounds needed for produc 810,000 615,000 1,425,000 PRODUCTION -
add: desired ending DM 30,000 10,000
total req. units 840,000 625,000 PLAN B
less: beginning DM 40,000 15,000 PRODUCTION -
DM purchases 800,000 610,000
cost per pound 3 4
total cost of dm purchases 2,400,000 ### 4,840,000 C.
cost per unit is different for each plan becau
DIRECT LABOR BUDGET as the level of production changes the
JB 50 JB 60 TOTAL fixed cost per unit output decreases as volum
units to be produced 405,000 205,000 610,000 increases (and vice versa)
labor time p.u 0.40 0.60
total hours needed for producti 162,000 123,000 285,000
labor rate per hour 12 12
total cost of DL 1,944,000 ### 3,420,000

MULTI-STEP INCOME STATEMENT

JB 50 JB 60 TOTAL d.
Sales 8,000,000 ### 13,000,000
COGS 5,200,000 ### 9,200,000 plan a
Gross Profit 2,800,000 ### 3,800,000 gp
Operating expenses
selling expenses 560,000 360,000 920,000
administrative expenses 540,000 340,000 880,000 plan b
total operating expenses 1,100,000 700,000 1,800,000 gp
income before interest and inc 1,700,000 300,000 2,000,000
interest expense 150,000
income before income taxes 1,850,000 e. the best plan is the one with the highest p
income tax expense (30%) 555,000
NET INCOME 1,295,000

COGS 4000008*13200000*20
dget for 2020
PLAN A
6,800,000
8
850,000
10% 85,000
765,000

765,000
8.4
6,426,000

850k+100k 950,000
950k*7.5 ###

production = sales + desired ei = bi

765k + (765k*0.05) -40000

763,250 765000
38250
950K + 60K -40K 803250
970,000 1010000

it is different for each plan because total manufacturing cost (plan a) total manufacturing cost (plan b)
l of production changes the dm (763,250*1.40 ### dm (970,000*1.40
per unit output decreases as volume dl (763,250*1.80) ### dl (970,000*1.80)
and vice versa) factory voh (763,250*1.20) 915,900 factory voh (970,000*1.20)
factory foh ### factory foh
total manufacturing cost ### total manufacturing cost

production cost per unit (5,253,300/763,250) production cost per unit (6,163,000/97
6.882804 6.88

gp = sales -cogs

6426000-765000*6.88 6426000
1,162,800 5263200
1162800
 7125000-950k*6.35 7125000
1,092,500 6032500
1092500
plan is the one with the highest profit. In case, Plan A is better.
ufacturing cost (plan b)
###
###
h (970,000*1.20) ###
###
ufacturing cost ###

n cost per unit (6,163,000/970,00)

6.353608 6.35
p13.3a p13.4a
whitlock company cash flows from operating activities
statement of cash flow (partial) cash recepits from customers
as of November 30,2020 less: cash payments
cash flows from operating activities to suppliers
net income ### for operatng expense
adjustments: net cash operating expense
depreciation expense 70,000
incerase in a/r (200,000) solution: yung nasa gc na sinend ni link ni kers (qui
decrease in inv 500,000
increase in prep exp (150,000)
decrase in a/p (340,000)
decrease in accrues expense payable (100,000) (220,000)
net cash operating activities ###
rating activities
7,500,000

(4,740,000)
(1,330,000) (6,070,000)
1,430,000

gc na sinend ni link ni kers (quizlet)

p13.7 a p13.8a
statement of cash flow - indirect method NOSKER COMPAN
for the year ended december 31. 2020 statement of cash flow - ind
cash flow from operating activities for the year ended decemb
net profit (loss) 32,000 cash flow from operating activities
adjustments for cash recepts from sale
depreciation 14,500 cash payment on purchases
decrease in t/or 16,000 operating expenses
increase in inv (7,000) income tax expenses
increase in t/p 9,000 interest exenses
decrease in t/accurals (1,000) (500) net cash provided by operating activiti
net cash generated (used) from operating activities 31,500 CASH FLOW FROM INVESTING ACTIVITI
sale of equipment
cash flow from investing activities net cash provided by investing activiti
sale of equipment 8,500 CASH FLOWS FROM FINANCING ACTIVIT
net cash generated (used) from investing activities 8,500 cash dividend paid
payment of bonds payable
cash flow for financing activities cash received from share issuance
issuance of common stock 4,000 net cash provided by financing activiti
redemption of bonds payable (6,000) net increase in cash
payment pf cash dividends (20,000) cash at the beginning of period
net cash generated (used) from financing activities (22,000) cash at end of period

net increase/decrease in cash and cash eq 18,000

cash and cash eq. at the beginning of period 20,000
cash and cash eq. at end of period 38,000 solution: yung nasa gc na sinend ni link

b b
free cash flow free cash flow
net cash provided by operating activities 31,500 net cash provided by operating activitie
minus: capital dividends 20,000 minus: capital dividends
11,500
 NOSKER COMPANY
statement of cash flow - indirect method
for the year ended december 31. 2020
from operating activities
pts from sale 226,000
ment on purchases (173,000)
(9,500)
x expenses (9,000)
(3,000)
provided by operating activities 31,500
W FROM INVESTING ACTIVITIES
8,500
provided by investing activities 8,500
WS FROM FINANCING ACTIVITIES
(20,000)
of bonds payable (6,000)
ved from share issuance 4,000
provided by financing activities (22,000)
18,000
e beginning of period 20,000
nd of period 38,000

yung nasa gc na sinend ni link ni kers (quizlet)

provided by operating activities 31500

pital dividends 20000
11500