Monthly Archives: October 2015

The president of Univax, Inc., has just approached the company’s bank seeking short-term

The president of Univax, Inc., has just approached the company’s bank seeking short-term financing for the coming year, Year 2.  Univax is a distributor of commercial vacuum cleaners.  The bank has stated that the loan request must be accompanied by … Continue reading

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The budgeted unit sales of Haerve Company for the upcoming fiscal year

The budgeted unit sales of Haerve Company for the upcoming fiscal year are provided below: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted unit sales 12,000         14,000         11,000         10,000 The company’s variable selling and administrative expense per unit is … Continue reading

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The Production Department of the Riverside Plant of Junnen Corporation has submitted

The Production Department of the Riverside Plant of Junnen Corporation has submitted the following forecast of units to be produced at the plant for each quarter of the upcoming fiscal year.  The plant produces high-end outdoor barbecue grills. 1st Quarter … Continue reading

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Micro Products, Inc. has developed a very powerful electronic calculator

Micro Products, Inc. has developed a very powerful electronic calculator.  Each calculator requires 3 small “chips” that cost $2 each and are purchased from an overseas supplier.  Micro Products has prepared a production budget for the calculator by quarters for … Continue reading

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