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In 2014, X Company's revenue was $224,550, its total variable costs were $85,050, and its fixed costs were $85,500. Assume that the revenue and variable cost relationships continue in 2015, but fixed costs increase by 19%. If the tax rate is 40%, what must revenue be in 2015 in order for X Company to earn $47,100 after taxes? (Round rates to two decimal places.)
why are the traditional management accounting measure performance misleaded and irrelevant in the new manufactoring evnironment.
Prepare journal entries for each event and adjusting entries.
Prepare journal entries for each of the transactions listed and prepare any required adjusting entries on December 31.
Find a website that details factoring receivables. E xplain b riefly to the class what factoring receivables is, why a company would factor their receivables, and the advantages of doing so?
describes how Jill can satisfy the distance test for deducting moving expenses if she accepts a new job in downtown Freeport?
Becky’s comprehensive major medical health insurance plan at work has a deductible of $750. The policy pays 85 percent of any amount above the deductible. While on a hiking trip, Becky contracted a rare bacterial disease. Her medical costs for treatm..
Derrick uses his personal car for work as an employee. In 2014, Derrick drove 6,000 business miles and 30,000 total miles. His car-related expenses include $3,600 for gas; $600 for insurance; $100 for license and registration fees; $2,900 for depreci..
which of the following items are accounting contributions to the managerial decision-making process?i. assign
calculate the projected manufacturing costs for job `no. 110 using three separate rates: one rate for pLattwiLleoyerlae.ad and two separate department overhead rates, all.based on machine-hours.
Nancy Howard, owner of Howard Corporation, is negotiating for the purchase of Innovative Technology. The balance sheet of Innovative Technology has Cash of $40,000; Land of $100,000; Building of $250,000; Equipment of $142,000; Total Liabilities of $..
1. when canceling debt before its maturity debt retirement it is theorized that the recall of the debt is a current
Doorstep Cleaners is considering whether to purchase a delivery truck that will cost $50,000, last six years, and have an estimated residual value of $5,000. Average annual net income from the delivery service is estimate to be $4,000. Doorstep clean..
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