Executive officers of stoneham company are wrestling with their budget for the next year. the following are two different sales estimates provided by two difference sources:

source of estimate first quarter second quarter third quarter fourth quarter
sales manager $ 225,000 $ 180,000 $ 160,000 $ 270,000
marketing consultant 300,000 240,000 210,000 350,000

stoneham’s past experience indicates that cost of goods sold is about 60 percent of sales revenue. the company tries to maintain 10 percent of the next quarter’s expected cost of goods sold as the current quarter’s ending inventory. this year’s ending inventory is $15,000. next year’s ending inventory is budgeted to be $18,000.

required

prepare an inventory purchases budget using the sales manager’s estimate.

prepare an inventory purchases budget using the marketing consultant’s estimate.

Granby foods' (gf) balance sheet shows a total of $25 million long-term debt with a coupon rate of 8.50%. the yield to maturity on this debt is 8.00%, and the debt has a total current market value of $27 million. the company has 10 million shares of stock, and the stock has a book value per share of $5.00. the current stock price is $20.00 per share, and stockholders' required rate of return, r s, is 12.25%. the company recently decided that its target capital structure should have 35% debt, with the balance being common equity. the tax rate is 40%. calculate waccs based on book, market, and target capital structures. what is the sum of these three waccs?

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.

Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst