Cameron Parts has the following data from year 1 operations, which are to be used for developing year 2 budget estimates:
Cameron Parts has the following data from year 1 operations, which are to be used for developing year 2 budget estimates:Revenues (12500 units) $1,119,000Manufacturing CostsMaterials 199,500Variable Cash Costs 271,350Fixed Cash Costs 108,000Depreciation (fixed) 133,500Marketing and Administrative costs Marketing (variable, cash) 142,500Marketing depreciation 33,900Administrative (fixed, cash) 135,165Administrative depreciation 2,600Total costs 1,036,515Operating profits 82,485All depreciation charges are fixed. Old manufacturing equipment with an annual depreciation charge of […]
