A company is developing its budget for the upcoming year.  The current year’s budget is as follows: Sales (100,000 units) $250,000 Less: Cost of goods sold 150,000 Gross profit  $100,000 Operating expenses (includes $10,000 of depreciation) 60,000 Net income $40,000 In the upcoming year, selling prices are expected to increase by 10 percent and sales volume in units will decrease by 5 percent. The cost of goods sold as a percent of sales is expected to increase to 62 percent. Other than amortization, all operating costs are variable.Required: Calculate the following budgeted amounts for the upcoming year:  1. Sales     2. Cost of Goods Sold    3. Operating Expenses    4. Net IncomeEnter your answers only in whole numbers (no decimals) and do not use dollar signs.  Do not include calculations. 

A company has prepared the following sales budget: Month Cash Sales Credit Sales May $16,000 $68,000 June 20,000 80,000 July 18,000 74,000 August 24,000 92,000 September 22,000 76,000 Collections are 40% in the month of sale, 45% in the month following the sale, and 10% two months following the sale. The remaining 5% is expected to be uncollectible.Calculate the amount of cash collections for 1) July,  2) August, and 3) September.  Enter the amount of cash collected in box 1, 2, and 3.  Use whole numbers (no decimal places) and do not use dollar signs. Enter your answers only – do not show your calculations. 

List the components (costs) that are included in manufacturing overhead.

Use the following cost information to record the cost of goods sold to customers on account for $300,000.  Format your answer as dr xxxxx account name $xxx and cr xxxx account name $xxx.

Calculate the following information for a company that sold 7,000 units of a product, resulting in $70,000 of sales revenue, $28,000 of variable costs, and $12,000 of fixed costs. 1. Contribution Margin per unit 2. Break Even Units 3. Amount of increase to operating income IF sales increase by $25,000 4. Number of units that must be sold to achieve $60,000 of operating income Label each answer as 1, 2, 3, and 4 and enter your answer only – do not enter calculations. Use whole numbers and do not use dollar signs.

A rolling budget is a budget or plan that

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A client receiving succinylcholine during induction of anesthesia suddenly develops muscle rigidity and a rapid rise in temperature. Which medication does the nurse anticipate administering?  

Bonus 3 (1 pt): Keeping in mind your instructor’s pet peeves, which of these sentence(s) is grammatically correct? 

Bonus 1 (2 pts – all or nothing) Match the semiconductor to the bulk (native substrate) growth method most often used (the growth method can be used more than once, not all techniques have to be used):