# Esitmates fo

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Question description

 Esitmates for year 2016 2016 2015 Sales (units) increase 10% 115,000 Sale Price (unit) increase 1% \$5.00 Raw material: Price DM - Plasitic (lb.) \$2.90 \$3.00 DM - Wheel (wheel) \$0.03 \$0.02 Labor cost: wage rate (airplane) \$0.60 \$88,775 total MOH: Indirect material (per airplane) \$0.005 Indirect labor (per airplane) \$0.003 utility \$850 factory depreciation \$1,000 \$27,000 total Period cost: S&A expenses - variable (per airplane) \$0.01 S&A expenses - Fixed \$15,000 \$130,000 total Finished Goods: beginning (units) ? desired ending (units) 9% of yearly sales 15,000 Account receivable 25% 23% Account payable 25% 23% Tax rate 30% 30% Minimun bank account \$50,000 \$50,000

 What is the break-even in sales units for 2016? What is the target sale in sales units for 2016 with a target profit of \$200,000? Assuming at the beginning of 2015, the company made the plan same as 2016. Find the quantity factors and price factors for 2015: Prepare income statement using both variable costing method and absorption costing method for 2016 Prepare a flexible budget for 2016, with decrease 10% sales, same, and increase 10% sales

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