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After substantial marketing research,toyaun corporation management beleives it can make and sell a new battery with a prolonged life for a laptop computer. Managemet expects the demand to be 50,000 units a year if the batteries are priced at $80 per unit. A team of engineers and accountants determine that the fixed cost of producing 35000 units to 65000 units is 1,250,000.
A. ASSUME THAT TOYAUN DESIRES TO EARN $750,000 profit from the battery sales how much can it afford to spend on the variable cost per unit if the production and sales equal 50,000 batteries.
A company allocates overhead at a rate of 140% of direct labor cost. Actual overhead cost for the current period is $745,000, and direct labor cost is $500,000. Prepare the entry to close over- or underapplied overhead to cost of goods sold
Given this stock ownership, will Whitemop Corporation be treated as a personal holding company (i.e., do 5 or fewer persons own more than 50% of the stock)?
December 30, to record the employer's payroll taxes on the payroll to be paid on December 31. Of the total payroll for the last week of the year, $35,000 is subject to unemployment compensation taxes.
Calculate Ion Corporation's basis in the equipment. - In addition, determine Yvonne and Simon's basis in the Ion stock.
Design a program in jGRASP using Java code to process students' scores and determine the final course grade for each student in an ELAC class. Name this class YourEtudesUserIdD_PreTest5.java. The final course grade is based on the total maximum ..
question on 1st january 2006 lani company entered into a no cancelable lease for a machine to be used in its
Prepare a condensed cost of goods manufactured schedule for situation (1) for the year ended December 31, 2012
A company paid $600,000 for 10% bonds with a par value of $600,000 on September 1. The bonds pay 5% interest semi annually on September 1 and March 1. The company intends to hold the bonds until they mature. Prepare the journal entries for the follow..
Roswell Inc has 8,000 machine hours available each month. The following information on the company's three products is available: Product 1 Product 2 Product 3 Contribution margin per unit $ 28.00 $ 57.00 $ 20.50 Machine hours per unit 3.00 2.00 1.00..
Prepare forecasts of its income statement, balance sheet, and statement of cash flows for 20x7 - All financial ratios remain at 20x6 levels.
Prepare Bond Amortization schedules for both Dundee and Perth for all years - Effects of the intercorporate bond ownership in preparing consolidated financial statements at December 31, 2006.
Barnes air conditioning inc. has two classes of preferred stock floating rate preferred stock and straight (normal) preferred stock. Both issues have a par value of $100. What is the rate of the floating rate preferred stock likely to be? Will the st..
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