Mang Eduard operates a buy and sell business. He sells umbrellas in his shop near the city mall. He gets his umbrellas from a local dealer. Each umbrella costs 90.00 pesos each. Expecting rainy season to come, Mang Eduard purchased 4 dozens of umbrellas every week. The supplier then charges 200.00 pesos per dozen for freight. Mang Eduard can sell 12 umbrellas every day. Remember to use the factors to consider in projecting revenues and refer to tables 4, 5 and 6 as your guide. Suppose Mang Eduard purchases and sales is the same every month, fill in the necessary information in table 6. Table 4 Projected Cost of Goods Sold (Monthly) Projected Volume Merchandise/ Cost per Unit Average No. of Items Sold (Monthly) Projected Costs of Products Purchases (Monthly) (A) F = (D x 30 days) J= (A x F) 90 Total

Mang Eduard operates a buy and sell business. He sells umbrellas in his shop near the city mall. He gets his umbrellas from a local dealer. Each umbrella costs 90.00 pesos each. Expecting rainy season to come, Mang Eduard purchased 4 dozens of umbrellas every week. The supplier then charges 200.00 pesos per dozen for freight. Mang Eduard can sell 12 umbrellas every day. Remember to use the factors to consider in projecting revenues and refer to tables 4, 5 and 6 as your guide. Suppose Mang Eduard purchases and sales is the same every month, fill in the necessary information in table 6. Table 4 Projected Cost of Goods Sold (Monthly) Projected Volume Merchandise/ Cost per Unit Average No. of Items Sold (Monthly) Projected Costs of Products Purchases (Monthly) (A) F = (D x 30 days) J= (A x F) 90 Total

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Mere Mang Eduard operates a buy and sell business. He sells umbrellas in his shop near the city mall. He gets his umbrellas from a local dealer. Each umbrella costs 90.00 pesos each. Expecting rainy season to come, Mang Eduard purchased 4 dozens of umbrellas every week. The supplier theh charges 200.00 pesos per dozen for freight. Mang Eduard can sell 12 umbrellas every day. Remember to use the factors to consider in projecting revenues and refer to tables 4, 5 and 6 as your guide. Suppose Mang Eduard purchases and sales is the same every month, fill in the necessary information in table 6. Mom Table 4 Cost Projected Cost of Goods Sold (Monthly) Goods Projected Volume Expens Total Cc Merchandise/ Cost per Unit Average No. of Projected Costs of Expens Products Items Sold (Monthly) Purchases (Monthly) (A) F = (D x 30 days) J= (A x F) Month Cost o 06 Goods S Expense Total Total Cost Expenses
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Mang Eduard operates a buy and sell business. He sells umbrellas in hisshop near the city mall. He gets his umbrellas from a local dealer. Each umbrella costs90.00 pesos each. Expecting rainy season to come, Mang Eduard purchased 4dozens of umbrellas every week. The supplier then charges 200.00 pesos per dozen for freight. Mang Eduard can sell 12 umbrellas every day. Remember to use the factors to consider in projecting revenues and refer to tables 4, 5 and 6 as your guide. Suppose Mang Eduard purchases and sales is the same every month, fill in the necessary information in table 6. Table 4 Projected Cost of Goods Sold (Monthly) Projected Volume Merchandise/ Cost per Unit Average No. of Projected Costs of Products Items Sold (Monthly) Purchases (Monthly) (A) F = (D x 30 days) J = (A x F) 90 Total
Mang Eduard operates a buy and sell business. He sells umbrellas in his shop near the city mall. He gets his umbrellas from a local dealer. Each umbrella costs 90.00 pesos each. Expecting rainy season to come, Mang Eduard purchased 4 dozens of umbrellas every week. The supplier then charges 200.00 pesos per dozen for freight. Mang Eduard can sell 12 umbrellas every day. Remember to use the factors to consider in projecting revenues and refer to tables 4, 5 and 6 as your guide. Suppose Mang Eduard purchases and sales is the same every month, fill in the necessary information in table 6. Table 4 Projected Cost of Goods Sold (Monthly) Projected Volume Merchandise/ Cost per Unit Average No. of Projected Costs of Products Items Sold (Monthly) Purchases (Monthly) (A) F = (D x 30 days) J = (A x F) 90 Total
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