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Other Fields Homework Help Accounting Topic started by: KarenSmith on Dec 13, 2016



Title: Hydraulic Manufacturing has prepared the following budgeted information for September, ...
Post by: KarenSmith on Dec 13, 2016
Hydraulic Manufacturing has prepared the following budgeted information for September, 2006.
   Hydraulic Manufacturing
   Sales Budget
   For September 30, 2006

   Budgeted Sales in Units   450
   Budgeted Sales Price   $      1,500
   Budgeted Sales Dollars   $ 675,000

   Hydraulic Manufacturing
   Cost of Goods Sold Budget
   For September 30, 2006

   Budgeted Sales in Units   450
   Budgeted cost per unit   $         825
   Budgeted COGS   $ 371,250

   Hydraulic Manufacturing
   Selling and Administrative Expense Budget
   For September 30, 2006

   Salaries and wages   $ 145,000
   Rent   20,000
   Depreciation   50,000
   Advertising   25,000
   Other          10,000
   Budgeted S & A Expense   $ 250,000

REQUIRED:
Prepare a budgeted income statement for Hydraulic Manufacturing for September 30, 2006. The company's tax rate is 40%.


Title: Re: Hydraulic Manufacturing has prepared the following budgeted information for September, ...
Post by: hol23 on Dec 15, 2016
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Title: Re: Hydraulic Manufacturing has prepared the following budgeted information for September, ...
Post by: KarenSmith on Jan 25, 2017
You are my life saver lol