Brainard Corporation's budgeted sales for the upcoming quarter are $400,000. Its supporting budgets and schedules show a beginning finished goods inventory of $15,000, budgeted cost of goods manufactured of $185,000, and a projected ending finished goods inventory of $25,000. Its selling and administrative budget projects expenses of $148,000, its budgeted interest expense is $7,000, and its tax rate averages 40%. 1. The company's budgeted gross profit for the upcoming quarter is $ . 2. The company's budgeted income before taxes for the upcoming quarter is $ . 3. The company's budgeted income taxes for the upcoming quarter are $ . 4. The company's budgeted net income for the upcoming quarter is $ .

Answers

Answer 1

Answer:

Brainard Corporation

1. The company's budgeted gross profit for the upcoming quarter is $225,000.

2. The company's budgeted income before taxes for the upcoming quarter is $70,000.

3. The company's budgeted income taxes for the upcoming quarter are $28,000.

4. The company's budgeted net income for the upcoming quarter is $42,000.

Explanation:

a) Data and Calculations:

Budgeted Income Statement for the quarter:

Budgeted sales                                       $400,000

Cost of goods sold:

Beginning inventory                $15,000

Cost of goods manufactured  185,000

Cost of goods available       $200,000

less Ending inventory               25,000    175,000

Gross profit                                            $225,000

Selling and administrative    $148,000

Interest expense                        7,000    155,000

Income before tax                                   $70,000

Income taxes (40%)                                   28,000

Net income                                              $42,000


Related Questions

Type the correct answer in the box. Spell all words correctly.

Which cost is dependent on production volume?

_____ cost is dependent on production volume.

Answers

Answer:

Variable costs

Explanation:

Variable costs are dependent on production output. The variable cost of production is a constant amount per unit produced. As the volume of production and output increases, variable costs will also increase.

Answer:

Variable cost

Explanation:

elobrate on the tertiary sector​

Answers

Answer:

Explanation:

The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work. It is made of: the non-market sector (public administration, education, human health, social work activities).

Answer:

Tertiary Sector is a sector which does not include agriculture and industries in it, however, it includes banking, communication, power, education, health etc.

Explanation:

Tertiary activity consists of all service occupations. Transport, communication, trade, health, education and administration are important examples of tertiary activities. These tertiary activities help in the development of the primary and secondary sectors.

WHAT IS CONCLUSION ABOUT FLOOD DEFENCES??

Answers

Answer:

I think You Mistakes the Word Of Flirt to Flood!!

Explanation:

Hahahh

Carmita works at a factory in Dhaka, Bangladesh, where she sews blue jeans for a major American firm. On Mondays, she sews the side seams of the jeans, on Tuesdays she sews on pockets, Wednesdays she presses finished jeans, Thursdays she folds jeans, packages sets of twelve in shrink wrap and places them in boxes, and on Friday she sews decorative stitching on the pockets and side seams. Carmita is working under the job design technique of Group of answer choices job rotation. job enrichment. job specialization. job enlargement.

Answers

Answer:

job rotation

Explanation:

Job rotation is a strategy in which the employees rotate between the jobs at the similar type of business. Here the employees would take the new task at a different job before rotating to their original position. In this, the employee should have the vast knowledge & skills in every different task they have been performed

Since Carmita works differently on each day so here she is using job rotation technique

My next photo How's it​

Answers

Answer:

beautiful shot

Explanation:

can u mark me as brainliest plsss

Sarah transferred $450.00 from her savings account to her checking account. She'll use the check register to record her transaction. What will be her new balance? An account statement has a balance of 250 dollars and 5 cents.

Answers

Answer:

700.05

Explanation:

Right answer on edge, you're welcome :))

Her account will now have a balance of $700.05.

What is financial transaction?

An agreement or communication between a buyer and a seller to trade products, services, or assets in exchange for money is a financial transaction. Any transaction involves a shift in the financial situation of two or more entities, whether they be people or businesses. Every financial transaction involves at least one financial asset, most frequently money or another pricey thing like gold or silver.

Financial transactions come in a wide variety of forms. The most frequent kind, purchases, take place when a consumer is sold a thing, service, or other commodity in exchange for money. The majority of purchases are made with cash, which can be physical money, debit cards, or checks. The second primary method of payment is credit, which allows for instant access to money in exchange for future payback.

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Internal recruitment may be practiced in companies today. TRUE OR FALSE​

Answers

True!.................

WILL GIBE BRAINLEST

To work in construction, you must be strong and physically able to handle a variety of rigorous tasks.

True or False​

Answers

Answer:

True

Explanation

seems right

Ibarra Corporation uses the first-in, first-out method in its process costing system. The first processing department, the Forming Department, started the month with 17,400 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $33,250. An additional 111,000 units were started into production during the month and 114,000 units were completed and transferred to the next processing department. There were 14,400 units in the ending work in process inventory of the Forming Department that were 30% complete with respect to conversion costs. A total of $607,123 in conversion costs were incurred in the department during the month. The cost per equivalent unit for conversion costs for the month is closest to:

Answers

Answer:

$5.29 per unit

Explanation:

The computation of the cost per equivalent unit for conversion costs is shown below:

= Total conversion cost ÷ equivalent units

where

Total conversion cost is $607,123

And, the equivalent units is

= 17,400 × (100 - 0.20) + (114,000 units - 17,400 units) × 100% + 14,400 units × 0.30

= 13,920 units + 96,600 units + 4,320 units

= 114,840 units

Now the cost per equivalent unit is

= $607,123 ÷ 114,840 units

= $5.29 per unit

Globalization includes all of the following except
O an integrated global economy
O free flow of capital
O free trade
O limits on global expansion

Answers

Answer:

d. limits on global expansion

Explanation:

;p

Answer:

limits on global expansion

Explanation:

got it right on edge 2023 business law!!

A sports coach running a junior coaching programme was interested in examining the differences in children's fitness performance scores across four different coaching regimes. She was particularly interested in whether the regime the child was in had a possible influence on the child's fitness performance score. She ran an ANOVA with the predictor variable 'coaching regime', which had four categories, 'Yellow group', 'Green group', 'Pink group' and 'Purple group'; the outcome variable was 'fitness performance score'. Her ANOVA had an F-statistic of 98.12 (p 0.02). How would you interpret her findings?

Answers

Answer:

A sports coach running a junior coaching programme was interested in examining the differences in children's fitness performance scores across four different coaching regimes. She was particularly interested in whether the regime the child was in had a possible influence on the child's fitness performance score. She ran an ANOVA with the predictor variable 'coaching regime', which had four categories, 'Yellow group', 'Green group', 'Pink group' and 'Purple group'; the outcome variable was 'fitness performance score'. Her ANOVA had an F-statistic of 98.12 (p 0.02). How would you interpret her findings?

Explanation:

If a company would need to increase net working capital to start a potential new project how should it be treated in the project's cash flow analysis? a. The increase in net working capital should be an inflow as part of the project's initial cash flow. b. The increase in net working capital should be an outflow as part of the project's initial cash flow c. The increase in net working capital times (one minus the company's tax rate) should be an outflow as part of the project's initial cash flow. d. The increase in net working capital times (one minus the company's tax rate) should be an inflow as part of the project's initial cash flow.

Answers

Answer:

C

Explanation:

Working capital is the capital used in the daily running of a business.

Working capital = current assets - current liabilities

Working capital is a form of expenditure for the firm.

Thus it is an outflow.

Working capital should be recorded after tax. tax should be subtracted from working capital to determine the eventual outflow

An increase in working capital means more cash is being used in the business. this cash cannot be used elsewhere. this reduces the amount of cash the business can use for other activities. this is why it is an outflow

Which of the following statements is correct? Multiple Choice A transaction that is properly recorded in the cash payments journal will always include the recording of an amount in the Cash Debit column. The entry to record the payment of an invoice within the cash discount period would include a debit to the Purchases Discounts account. The entry to record a cash purchase of merchandise would include a debit to Purchases and a credit to Cash. Purchase discounts is a contra revenue account.

Answers

Yes choice a is right

PLEASE HELP!!! WILL GIVE BRAINLIEST
Celena is interested in working in the biotechnology field one day and wants to start exploring and learning more about the field in general right now. What career cluster should Celena begin investigating in order to learn more about working in biotechnology?

A.
finance

B.
agriculture, food, and natural resources

C.
architecture and construction

D.
education and training

Answers

Answer:

The answer is B

Explanation:

Please give me Brainliest. Thank you!

Answer:

B

Explanation:

O que é locução verbal?

Answers

Answer:

verbal expression - the communication (in speech or writing) of your beliefs or opinions; "expressions of good will"; "he helped me find verbal expression for my ideas"; "the idea was immediate but the verbalism took hours"

expressão verbal - a comunicação (oral ou escrita) de suas crenças ou opiniões; “expressões de boa vontade”; "ele me ajudou a encontrar expressão verbal para minhas idéias"; "a ideia foi imediata mas o verbalismo demorou horas"

Explanation:

brainliest please?

coroa please?

What are some interview tips?

Answers

Answer:

give em a stong hand shake :)

Explanation:

Assume that a local restaurant sells two items, salads and steaks. The restaurant’s only two customers on a particular day are Mr. Carnivore and Ms. Leafygreens. Mr. Carnivore is willing to pay $20 for a steak and $7 for a salad. Ms. Leafygreens is willing to pay only $8 for a steak, but is willing to pay $12 for a salad. Assume that the restaurant can provide each of these items at zero marginal cost.

How much additional profit can the restaurant earn by switching to the use of a tying strategy to price salads and steaks rather than pricing these goods separately?
a. $20
b. $12
c. $7
d.$6

Answers

Answer:

d.$6

Explanation:

$6  profit can the restaurant earn by switching to the use of a tying strategy to price salads and steaks rather than pricing these goods separately

What are the goods?

The term Goods are products and resources that satisfy people's needs and wants. A good can be a natural science object, a provided service, or some accumulation of the two. Just about anything is good if it supplies some kind of benefit to consumers.

Using the technique of tying, products are packaged so that the price of the tied (combined) good is more in line with the buyer's overall willingness to pay for the two things.

There are four different types of goods in economics, which can be classified based on excludability and rivalrousness: private goods, public goods, common resources, and club goods.

Therefore, option (D) is correct.

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What is a bank customer's share of the profits made on loans?
A. Stock dividends
B. Savings account interest
C. Exchange rates
D. Principal payments

Answers

Answer:

B. Savings account interest

Ways in which the government can participate in economic activities​

Answers

Answer:

Explanation:

In the United States, the government influences economic activity through two approaches: monetary policy and fiscal policy. Through monetary policy, the government exerts its power to regulate the money supply and level of interest rates. Through fiscal policy, it uses its power to tax and to spend.

Under what temperature will the volume of the gas at 0°C double itself if
the pressure is kept constant?​

Answers

Let the volume of the gas at 0°C = Vml.

Question: Assume that an equity investment that lacks significant influence is sold. Which of the following would be included in the two entries to record the sale? (Select all that apply.) Check All That Apply An update of the Fair value adjustment account An update of the Fair value adjustment account Removal of the related investment account balances Removal of the related investment account balances The total amount of gain or loss that has occurred since the securities were purchased The total amount of gain or loss that has occurred since the securities were purchased The amount of the unrealized holding gain or loss that has occurred since the end of the prior accounting period

Answers

Answer:

- An update of the Fair value adjustment account

- Removal of the related investment account balances

- The amount of the unrealized holding gain or loss that has occurred since the end of the prior accounting period

Explanation:

What was the impact of the entry of the united states into world war one Germany faced a greater number of allied troops as more than a millon amercain

Answers

Answer:

The United States decided to remain neutral during the Great War, which began in 1914 after the assassination of Archduke Franz Ferdinand of Austria-Hungary. This because they considered that it was a European conflict, which did not influence the commercial or political interests of America.

Now, after a series of diplomatic altercations with Germany, such as the Zimmermann Telegram and the sinking of the Lusitania, on April 6, 1917, America entered the war. Thus, 2 million American soldiers joined the allied forces, mainly British, French and Russian, who were fighting in the Old Continent. This new number of soldiers, without participation in previous combats, tipped the balance for the allied side, given that the forces of the Central Powers were already exhausted and without resupply capacity.

When a country allows trade and becomes an exporter of bicycles, A. domestic producers of bicycles are better off, domestic consumers of bicycles are worse off, and the economic well-being of the country rises. B. domestic producers of bicycles are better off, domestic consumers of bicycles are worse off, and the economic well-being of the country falls. C. domestic producers of bicycles are worse off, domestic consumers of bicycles are better off, and the economic well-being of the country rises. D. domestic producers of bicycles are worse off, domestic consumers of bicycles are better off, and the economic well-being of the country falls.

Answers

A is the answer to your question

When a country allows trade and becomes an exporter of bicycles, domestic producers of bicycles are better off, domestic consumers of bicycles are worse off, and the economic well-being of the country rises.

What is a trade?

Transferring products and services of one person or institution to another includes trade, frequently in exchange for cash. A system or network that permits trading is referred to as a market by analysts. The voluntary exchange of products or services between participants in the market is referred to as trade.

When a nation opens its markets to commerce and starts exporting bicycles, national cycling producers benefit, domestic bicycle customers suffer, and the nation's economic standing improves. The nation does not produce the good at a comparative advantage. The nation has an absolute advantage in the production the item if the price levels is lower than the global price.

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Samira is a freshman basketball player who hopes to go to college on a basketball scholarship. She is offered the chance to play on her school’s varsity basketball team, which plays in tournaments during holiday breaks. Samira usually spends her breaks working at the local hardware store. After careful consideration, Samira decides to stay on the freshman basketball team and keep working over breaks.



The fact that Samira may miss out on a scholarship opportunity by staying on the freshman team illustrates

a cause.
minor consequences.
a tradeoff.
unexpected risk.

Answers

Answer:

a tradeoff.

Explanation:

Because wants are unlimited and the resources available to satisfy these wants are limited, economic agents must undergo tradeoff

Tradeoff is the opportunity cost of taking a particular decision

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives

Samira's opportunity cost is missing out of the scholarship opportunity

to help in making tradeoff, the scale of preference should be constructed. the scale of preference orders the choices available to an economic agent in terms of importance

Answer:

a tradeoff.

Explanation:

HELP!!!!! Will mark as brainliest!!

Answers

The 1st one. -> associate's degree, internship, bachelor's degree, STEM-related job
it’s a. hope this helps!!

Think about the link between economic growth and trade as you read this scenario. Then answer the question that follows.

Country X specializes in the production of electronics. Country Y specializes in the production of textiles. The governments of the two countries signed a trade agreement last month to make it easier and cheaper to trade goods across their border.

Claudia worked at an electronics factory in country X but lost her job two years ago. Last week, the company called and offered her a job, because it needs to hire more people to keep up with demand.

David works at a textile factory in country Y. His manager has asked him to work overtime to fulfill the demand for the company’s textiles. He happily accepts, because he hopes to help his son and daughter with their college expenses next year.

Why might countries X and Y have decided to sign this trade agreement?

Answers

Answer:


Explto increase the demand for goods, output, and employment. 

Explanation:

Countries X and Y signed the trade agreement to increase demand for goods, output, and employment in their countries.

What do you mean by trade agreement?

Any contract between nations governing their commercial ties is refereed to as a trade agreement. Bilateral or multilateral trade deals, or those involving two or more nations, are both possible.

FTAs are agreements between two or more nations that aim to lower or remove specific trade and investment obstacles as well as promote closer economic links between the parties.

Therefore, countries X and Y signed the trade agreement to increase demand for goods, output, and employment in their countries.

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The amount of surface area on an uncored block that has holes extending through it is equal to less than ________.

Answers

The answer is (Less that 10%).

Although the use of DDT was banned in the United States in 1972, a test of the body tissue of an average United States resident today would most likely reveal the presence of DDT because DDT is the breakdown product of some newer pesticides on the market DDT is the breakdown product of some newer pesticides on the market A DDT is water soluble DDT is water soluble B other countries that export produce to the United States still use DDT other countries that export produce to the United States still use DDT C many farmers in the United States are still using DDT illegally many farmers in the United States are still using DDT illegally D DDT is naturally produced by many plants

Answers

Answer:

DDT is the breakdown product of some newer pesticides on the market

Explanation:

.

Although the use of DDT was banned in the United States in 1972, a test of the body tissue of an average United States resident today would most likely reveal the presence of DDT because  DDT is the breakdown product of some newer pesticides on the market. Other countries that export produce to the United States still use DDT.

What is DDT?

DDT, or dichlorodiphenyltrichloroethane, is a colorless, tasteless, and practically odorless crystalline chemical compound that is an organochloride. Developed as an insecticide, it became notorious for its environmental effects. Othmar Zeidler, an Austrian scientist, created DDT for the first time in 1874.

DDT (dichlorodiphenyltrichloroethane) is an agricultural insecticide. DDT was prohibited in the United States in 1972. DDT is still used in some areas outside the United States to control mosquitos that cause malaria.

Therefore, option B is correct.

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What type of accounting is more rules-based?

Answers

GAAP

Explanation:

That would be the Generally Accepted Accounting Principles (GAAP) system which is rules based.

Alternatively:

The International Financial Reporting Standards. (IFRS) on the otherhand would be the one thats principles based.

There are many different ways interviews can be conducted, including face-to-face, distance, group, and performance . Which style would you prefer the most? Why? Which style would you prefer the least? Why? << Read Less

Answers

Personally I would want a face-to-face interview. This is because of many factors. When you are in person you tend to absorb more information about the person. Scientifically speaking, you smell, see, and hear the person you are interviewing or being interviewed by, which proves that you know more about them. You also can interact better because of no physical distance, glitching, and or interruption. The style l least prefer is group interviews. This is because of how many people consist of the group. It could be from 2-1,000,000 and it still would make things harder. Individual interviewing let’s you learn more about the person in particular rather than juggling a entire group of mixed personalities. Add more and maybe put more detail and you have a outstanding essay. Or opinion. Depends on what you wanted. Have a great day!
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