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ABC Airlines has calculated the total costs (fixed and variable) for the passenger service flights between Los Angeles, California and Orlando, Florida. The two methods used were the high-low method and the least squared method. Compare and contrast these two methods. Which one is the most reliable? What affect does an outlier have on the high-low method? Which method would you recommend to ABC?
zeller electronics inc. produces and sells two models of pocket calculators xq-103 and xq-104. the calculators sell
tylers consulting company has purchased a new 15000 copier. this overhead cost will be shared by the purchasing
donu2019t cry over spilled milk a manufacturer of mops uses the weighted average method in its processing costing
Eastern Manufacturing is involved with several situations that possibly involve contingencies. Each is described below. Eastern's fiscal year ends December 31, and the 2011 financial statements are issued on March 15, 2012.
Calamari Associates bought land for $1,200,000.00 in 1982. In2007, the land was appraised at 1,795,000.00. The land would appear on the company's book in 2007 at
rottino company purchased a new machine on october 1 2014 at a cost of 150000. the company estimated that the machine
the sarbanes-oxley act requires that all publicly traded companies maintain a system of internal controls. internal
Omicron Co. made a justifiable change in its method of accounting for long-term contracts. The cumulative effect of this change in accounting principle should be reported in comparative financial statements:
On July 6 Zonker Company acquired the plant assets of Doonesbury Company, which had discontinued operations. The appraised value of the property is:
Cases relate to the valuation of assets
the bookkeeper for bradbury company asks you to prepare the following accrued adjusting entries at december
The real risk-free rate is r* = 2.80%, the default risk premium for Crockett's bonds is DRP = 0.85% versus zero for T-bonds, the liquidity premium on Crockett's bonds is LP = 1.25%, and the maturity risk premium for all bonds is found with the for..
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