ull T-Mobile? 8:49 PM * 67%- Done 1 of 20 16 Beta Company has the following data

Question

ull T-Mobile? 8:49 PM * 67%- Done 1 of 20 16 Beta Company has the following data for product X: sales revenue 510,000, variable costs $4,000 allocated fivnd costs $8,000. Assume that Beta cannot increase the price of product X or improve the production process to increase profitability. What should Beta de about product X A Drop the product in the short serm and keep it in the long term Keep the product in the short term and drop it in the long term Keep the product both in the short term and in the long term D. Drop the product both in the shont serm and in the long term EDo nothing-unprofitable peoducts are just one of the costs of doing basiness Qeestioas 17-18: The is to have ending qual to 20% ofnext month's sales. Desired ding Bodgeted sale 17. Compute badgeted peoduction for July A. not enough information B. 1,040 C 1,200 2000 1,800 18 Compute ending inventory for August A not enough information B. 240 D. 400 9. You collect 79% of a moth's sles·the-ofth. Nale nd 25% of sala ?, the following Compute cash inflows for June May sales: $2,000 21 00 uly sales: $2,400 A sot enough information, because sales revense diffens from cash inflows B 5700 C $2,100 $2,700 20. Which of the fellowing would be the mout appropriate cost driver to allocate costs associated with a gcosts incurred to incresse the sales of new prodacts H Number of direst labor hours used in manufsturing

Explanation / Answer

16.

Answer C Keep the product in short term and drop it in long term

20.

D number of production setups

June July August Desired Ending inventory 240 400 (20% of next month's sale) Beginning Inventory - 240 400 (Closing inventory of previous month) Budgeted sales - 1200 2000 Budgeted production - 1900 17. Budget production for July= Sales+Ending inventory-Beginning inventory                                                              = 1200+400-240                                                              =1360 Answer D 1360 18. Ending Inventory of august = Beginning inventory+production-sales                                                                = 400+1900-2000                                                                =300 Answer C 300 19 May June July Sales 2000 2800 2400 Cash Collection 75% in the same month 1500 2100 1800 25% in next month 500 700 Cash Inflows 1500 2600 2500 Answer D $2,600

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