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# Sales Revenue

### How much revenue should be reflected in the fiscal year ended June 30, 2010?

Big Blue University has a fiscal year that ends on June 30. The 2010 summer session of the university runs from June 9 through July 28. Total tuition paid by students for the summer session amounted to \$112,000. How much revenue should be reflected in the fiscal year ended June 30, 2010?

### Sales Increase Calculation

Bannister Legal Services generated \$2.0 million in sales during 2007, and its year end total assets were \$1.5 million. Also, at year-end 2007, current liabilities were \$500,000 consisting of \$200,000 of notes payable, \$200,000 of accounts payable, and \$100,000 of accruals. Looking ahead to 2008, the company estimates that its as

### Rolie Manufacturing: Sales revenue, selling price, rate of return, markup percentage

The new CEO of Rolie Manufacturing has asked for a variety of information about the operation of the firm from last year. The CEO is given the following information, but with some data missing: Total sales revenue ? Number of units produced and sold 500,000 units Selling

### U.S. retail sales (in millions of dollars): What is the data pattern?

Month_Year Total Jan-93 147,772 Feb-93 144,335 Mar-93 163,943 Apr-93 169,634 May-93 175,371 Jun-93 174,825 Jul-93 176,995 Aug-93 176,208 Sep-93 170,202 Oct-93 175,510 Nov-93 180,364 Dec-93 217,629 Jan-94 154,400 Feb-94 155,596 Mar-94 183,782 Apr-94 181,209 May-94 186,395 Jun-94 189,244 Jul-94 184,978 Aug-94 1

### Greeting Card Sales: Analyze by Seller and by Type of Card

** Please see the attached file for the complete problem description ** In cell G6 write a formula giving Ann's total sales using the SUM function. Drag the formula in G6 to cells G7:G10. Did this give the right values for Bob's, Charles's, David's, and Ellen's total sales? Without using the SUM function, enter a formula

### Computerized Sales Invoicing System Errors vs. Manual System

A wholesaler has recently developed a computerized sales invoicing system. Prior to implementing this system, a manual system was used. The distribution of the number of errors per invoice for the manual system is as follows: Errors per invoice 0 1 2 3 3 or more Percentage of Invoices 87% 8%

### Determine the net (pretax) benefit to Peterson Electronics of using electronic depository transfer checks if annual sales are:

Peterson Electronics uses a decentralized collection system whereby customers mail their payments to one of six regional collection centers. The checks are deposited each working day in the collection centerâ??s local bank, and a depository transfer check for the amount of the deposit is mailed to the firm's concentration bank

### You wish to calculate the commission on sales. The commission is 6% on all sales that are at least 20% above cost.

You wish to calculate the commission on sales. The commission is 6% on all sales that are at least 20% above cost.

### Sales Promotions in Marketing Campaigns

Sales promotions have become an important ingredient in marketing campaigns. Choose four types of consumer promotion tools and describe each, including a discussion of their advantages and when they might be used.

### Primus Company unit sales price; Trinity Corp unit sales

1. The following information is for a product of Primus Company: Last year, the variable cost per unit was \$22. Total fixed costs were \$800,000. At a volume of 170,000 units, the company achieved a profit of \$50,000. What was the unit sales price for the product last year? 2. The following information is for a prod

### Break Even Point In Sales Dollars

Camping USA Inc. has only been operating for 2 years in the outskirts of Albuquerque, New Mexico, and is a new manufacturer of a top-of-the-line camping tent. You are starting an internship as assistant to the chief financial officer of the company, and the owner and CEO, Tom Charles, has decided that this is the right time to k

### Necessary sales volume; operating expenses; fixed costs, HP Pavillion; classify costs

1 A company has a 30% income tax rate, a contribution margin ratio of 25%, and fixed costs of \$440,000. What sales volume is necessary to achieve an after tax income of \$84,000? 2 Cost Function for Expedia Expedia provides travel services on the Internet. In the first quarter of 2001, Expedia reported an opera

### Exercises 9-3, 9-4, 9-5, 9-12: Forecast revenue, production, direct materials budgets

Exercise 9-3 Crede and Rensing, CPAs, are preparing their service revenue (sales) budget for the coming year (2011). The practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are provided below. Department Quarter 1 Quarter 2 Quarter 3 Quarter 4 Aud

### Describing Positions of Sales Representatives

Please help me in answering the following question. The original oldest form of direct marketing is field sales call. No one debates the importance of the sales force in its marketing program. However, the term "sales representative" covers a broad range of positions, tasks, and responsibilities. List and briefly describe eac

### Break-even analysis for Camping USA Inc for 2 levels of sales

Data of cost structure of the company: Camping USA Inc. Output level 120,000 units Operating assets \$6,000,000 Operating assets turnover 12 times Return on operating assets 48% Degree of operatin

### Kyoto clothing wholesaler: Prepare schedule of sales and collections

A Kyoto clothing wholesaler was preparing its sales budget for the first quarter of 2008. Forecast sales are (in thousands of yen) January ¥200,000 February ¥220,000 March ¥240,000 Sales are 20% cash and 80% on credit. Fifty percent of the credit accounts are collected in the month of sale, 40% in the month following

### Important information about Company Analysis

See attached problem. a. What is the company's average annual rate of sales growth from 2007 through 2009? b. How long, on average, was Better Mouse Trap taking to collect on its receivable accounts in 2009? (Assume all of the company's sales were on credit.) c. Was Better Mouse Trap more or less profitable in 2009 tha

### Sewage Works Revenue Bonds: Analyze the two bids received

A city advertised for bids for the purchase of \$2 million principal amount of Sewage Works Revenue Bonds. Bonds will be delivered on April 1, 2007; interest will be paid on April 1 of the following years. The bonds mature as follows: Maturity Date Amount (\$) April 1, 2012 50,000 April 1, 2013 50,000 April 1, 2014 50,000

### Alsatia's contribution margin, Tanner's break even point, Deavila's sales mix shifts

See attached file for problems. Want to verify the calculations for question 6, 7 and 8. 6. a) What is company's contribution margin ratio? b) What is the company's break-even in units? c) If sales increase by 100 units, by how much should net operating income increase? d) How many units would the company have to s

### Grants are not necessarily recognized as revenue when awarded

Columbus City was awarded a state grant of \$150,000 to assist its adult literacy program. The following were significant events relating to the grant: ? The city, which is on a calendar year, was notified of the award in November 2007. ? During 2008 it expended \$30,000 on the literacy program and was reimbursed for \$20,000. It

1. How is advertising and sales promotion similar? Different? Which do you think is a more effective communication tool and why? 2. Consider two different products: an industrial product and a consumer product. How would the media for these products differ? What would affect the advertising scheduling for these two products?

### Sale of Dallas Mavericks

The Dallas Mavericks basketball team has hired you as its new accountant. On your first day on the job, Mavericks' owner, Mark Cuban, comes to you and asks, "How many tickets must we sell to pay for Dirk Nowitzki's salary?" He then hands you a sheet of paper with the following information: Dirk Nowitzki's salary . . .

### Smith Brothers Outdoor Adventures: Proper Revenue Reporting

Bob and Tom Smith, owners of Smith Brothers Outdoor Adventures, are planning to add an outdoor adventure camp for children to the line of services they provide. Their plan includes requiring the parents to pay a non-refundable deposit of half the tuition fees to hold their child's place in the camp. The remaining tuition can by

### Ronowski Company Sales mix: Breakeven for three products, contribution margin

The Ronowski Company has three product lines of belts- A, B, and C with contribution margins of \$3, \$2, and \$1, respectively. The president foresees sales of 200,000 units in the coming period, consisting of 20,000 units of A, 100,000 units of B, and 80,000 units of C. The company's fixed costs for the period are \$255,000. 1

### Calculating rate of sales increase, annual payment, PV...

1. A corporation's 1995 sales were \$ 10,794,625. Sales were \$5 million 10 years earlier. To the nearest percentage point, at what rate have sales been growing? 2. If you buy a factory for \$100,000 and the terms are 10% down, the balance of \$90,000 to be paid off over 8 years at a 8% rate of interest on the unpaid balance, wha

### Sales and operations planning

What is the purpose of sales and operations planning? How does the stop process enter into the planning process? What value is it to organizations?

### Frontier's Markets: Sales based allocations

Sales-Based Allocations Frontier's Markets has three grocery stores in the metropolitan Salt Lake area. Central costs are allocated using sales as the cost-allocation base. The following are budgeted and actual sales during November: Sunnyville Wedgewood Capital Budgeted sales \$600,000 \$1,000,000 \$400,000 Actu

### Use of Linear Regression for Break Even, Scatter Plots, Revenue Trends

Break-even calculations, scatter plots for estimating demand information, and trends in revenue: In each of these, we simplified the analysis to a straight line. While this is useful, sometimes these data are more complex. They may be a curved line, or instead of only one item for the slope, such as variable costs, there may be

### The answer to Breakeven Point

Findlay Farms produces strawberries and raspberries. Annual fixed costs are \$14,400. The cost driver for variable costs is "pints of fruit produced." The variable cost is \$.65 per pint of strawberries and \$.85 per pint of raspberries. Strawberries sell for \$1.00 per pint, raspberries for \$1.35 per pint. Two pints of strawberries

### Product's sales decline (Nicole Kidman-endorsed pharmaceutical)

I'd appreciate ideas and help for attached question regarding sales decline of a product. Thanks! ------------ Read a short description of a situation and answer the question associated with it. The manufacturer of a drug has had a fair amount of success in terms of sales, market share, and profits obtained from this