题目
单项选择题
Abbott Inc has the following information for the year ending June 2019 (year 1): Revenues (250,000 units) $3,730,000 Manufacturing Costs Materials $665,000 Variable Cash Costs 904,000 Fixed Cash costs 360,000 Depreciation (fixed) 445,000 Marketing & administrative Costs: Marketing (variable) 475,000 Marketing depreciation 113,000 Administrative (fixed) 450,550 Administrative depreciation 42,000 Total Costs $3,454,550 Operating profits $275,450 All depreciation charges are fixed and are expected to remain the same for year 2. Sales volume is expected to increase by 13%, and selling prices are expected to increase by 4%. Material costs per unit are expected to increase by 8%. Other unit variable manufacturing costs are expected to increase by 10% per unit. Fixed manufacturing costs (other than depreciation) are expected to increase by 6%. Variable marketing costs per unit will remain constant. Administrative costs (other than depreciation) are expected to increase by 12%. Assume there are no inventories. Abbott operates on a cash basis. A budgeted income statement for June 2020 will show an approximate income (loss) of:
选项
A.$425,292
B.$246,774
C.$709,680
D.$310,084
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思路分析
We start by restating the problem setup and identifying which numbers will change in the budget for June 2020.
- Year 1 data: revenues 3,730,000 from 250,000 units; various costs split into materials, variable and fixed manufacturing cash costs, depreciation, and marketing/administrative costs with both fixed and variable components.
- Year 2 assumptions: volume up 13%, selling price up 4%, material cost per unit up 8%, other per-unit variable manufacturing costs up 10%, fixed manufacturing costs up 6% (except depreciation), variable marketing costs per unit stay the same, administrative costs (excluding depreciation) up 12%, and no inventories (cash basis).
- There are no inventories, so everything is accounted for on a cash basis and there is n......Login to view full explanation登录即可查看完整答案
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