Gundy company expects to produce 1,258,800 units of product xx in 2017. monthly production is expected to range from 80,800 to 111,200 units. budgeted variable manufacturing costs per unit are: direct materials $5, direct labor $8, and overhead $9. budgeted fixed manufacturing costs per unit for depreciation are $5 and for supervision are $3. in march 2017, the company incurs the following costs in producing 96,000 units: direct materials $505,000, direct labor $763,000, and variable overhead $867,000. actual fixed costs were equal to budgeted fixed costs. prepare a flexible budget report for march. (list variable costs before fixed costs.)

The risk-free rate is 7% and the expected rate of return on the market portfolio is 11%. a. calculate the required rate of return on a security with a beta of 1.92. (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. if the security is expected to return 15%, is it overpriced or underpriced?

Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.