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An insurance company has the following profitability analysis of its services: Life Insurance Auto Insurance Home Insurance Revenues $5,000,000 $10,000,000 $3,000,000 Commissions (1,000,000) (2,000,000) (600,000) Payments (3,000,000) (7,300,000) (2,000,000) Fixed Costs (500,000) (500,000) (500,000) Profit $ 500,000 $ 200,000 ($ 100,000) The fixed costs are distributed equally among the services and are not avoidable if one of the services is dropped. What is the profitability of the remaining services if all services with losses are dropped?
pedro morales and associates a c.p.a. firm uses job order costing to capture the costs of its audit jobs. there were no
jan richards is in charge of the testing laboratory for southwest chemicals inc.nbspnbsp she is investigating the
barberry inc. manufactures a product called fruta. the company uses a standard cost system and has established the
correct classi?cation of intangibles during the current year cartwright corporations accountant recorded numerous
Brick Company's direct labor is 30% of it's conversion cost. If the direct materials cost last week was $52,500 and the manufacturing overhead cost was $21,000, compute the cost of direct labor for the week.
frieden companys contribution format income statement for the most recent month is given belownbspnbspsales 47000
For the year ended December 31, 2011, Winter Company has implemented an employee bonus program equal to 3% of Winter's net income, which employees will share equally. Winter's net income (prebonus) is expected to be $1,000,000, and bonus expense i..
He contends that he has a claim for a salary of $25,000 for each year because he devoted all of his time for three years to the affairs of the partnership. Is his claim valid? Why or why not?
Found Sound Company mass-produces miniature speakers for personal sound systems.
question 1nbsp the johnson corporation is authorized to issue 3000 shares of 8 percent 50 par-value preferred stock
the abcd partnership has the following balance sheet at january 1 2013 prior to the admission of new partner eden.cash
schaefer company is in the process of adjusting and correcting its books at the end of 2010. the books are still open
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