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A company manufactures and sells spotlights. Each spotlight sells for $145. The variance cost per unit is $98, and the company total fixed cost are $235,000. Predicted sales are 15,000 units. What is the contribution margin per unit?
simple plant manufactures dna test strips. manufacturing overhead is applied to units produced using direct labor
given the following information compute the ending balances of the materials inventory work in process inventory and
oklahoma manufacturing company uses a standard cost accounting system. in 2012 the company produced 28200 units. each
price manufacturing assigns overhead based on machine hours. the milling department logs 1800 machine hours and cutting
sean who is single received social security benefits of 8000 dividend income of 13000 and interest income of 2000.
For each of the following items, give an example of a business transaction that has the described effect on the accounting equation:
The management of Ortiz estimates that this recall would cost $800,000. What accounting recognition, if any, should be accorded this situation?
robertson inc. prepares its financial statments according to international financial reporting standards. at the end of
on november 1 year 1 noble co borrowed 80000 from south bank and signed a 12 six month note payable all due at
in 2010 drew gooden company has net credit sales of 1685000 for the year. it had a beginning accounts receivable net
Efficient markets assume that stockholder wealth is affected by the amount and timing of cash flows. Which alternative is more favorable to them: purchasing before year-end or waiting until January? Explain.
Office supplies of $900 were purchased on account to be used infuture months. One part of the accounting entry to record this event in the accounting system would be to:
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