Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Margin of Safety a. If Armstrong Company, with a break-even point at $660,000 of sales, has actual sales of $880,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. $ 2. % b. If the margin of safety for Lankau Company was 25%, fixed costs were $2,325,000, and variable costs were 60% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even in sales dollars first.)
What activities should you perform to correctly account for your inventory at year-end? Why is it important to track inventory? What does this information tell you about your business?
Name and briefly explain the five components of COSO's internal control framework. Explain the relationship between the Sarbanes-Oxley Act and COSO.
Calculate the amount that total benefits are projected to increase annually as a result of switching to a cellular manufacturing operation - What is the minimum acceptable price at which overall profit will not change?
What transfer price would you choose to use for the fabric assuming that the Fabric division is operating at only 60 percent of capacity due to a surge in popularity of “easy-care” fabrics made of polyester and rayon?
Adger Corporation is a service company that measures its output based on the number of customers served. The company provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for May as shown ..
E Baker is a licensed CPA. During the first month of operations of her business, E Baker, Inc the following events and transactions occurred. Journalize the transactions. Post to the ledger accounts.
What is contribution margin? A company has contribution margin per unit of $60 and a contribution margin ratio of 40%. What is the unit selling price? Which statement is true when evaluating the margin of safety? What is contribution margin?
Perform the accounting required for the formation, operations, and liquidation of the SPLIT Partnership. Within the worksheet
Dewitt Educational Products started and finished job number RM67 during June. The job required $4,600 of direct material and 30 hours of direct labor at $16 per hour. The predetermined overhead rate is $4 per direct-labor hour.
question 1identify the four financial statements and the information they provide. discuss the guidance generally
Consider that you are Conglomerate Corporation's outside auditor performing a quarterly review and you become aware of these practices and the directive of the president, would you require disclosure of these shifting practices in the quarterly fi..
Nick Foley $30,000 and Tom Wenger $25,000. During the year, drawings were Foley $15,000 and Wenger $8,000. Net income was $50,000, and the partners share income equally. Give the partners capital statement for the year.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd