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Bill's Cabinets sells a product for $360 per unit. Th e company's variable cost per unit is $60 for direct material, $50 per unit for direct labor, and $34 per unit for overhead. Annual fi xed production overhead is $74,800, and fi xed selling and administrative overhead is $50,480. a. What is the contribution margin per unit? b. What is the contribution margin ratio? c. What is the break-even point in units? d. Using the contribution margin ratio, what is the break-even point in sales dollars? e. If Bill's Cabinets wants to earn a pre-tax profi t of $51,840, how many units must the company sell?
ming yue company pays 368250 for real estate pluse 19600 in closing cost. the real estate consists of land appraised at
1 a bottled gas company has 500000 common shares authorized 400000 common shares issued and 15000 common shares in
Compute the company's current ratio
Barry did not elect to expense any of the asset under § 179, nor did he elect straight-line cost recovery. Barry sold the asset on July 17, 2010. Determine the cost recovery deduction for 2010.
calculate eps reported before stock split andstock dividend.during the fiscal year ended september302009 worrell inc.
1.a company had sales of 699000 and cost of goods sold of 280000. its gross profit
on december 31 2008 berclair inc. had 200 million shares of common stock and 3 million shares of 9 100 par value
robert and sylvia propose to have their corporation wolverine universal wu acquire another corporation emu inc. in a
The number of equivalent units of production for conversion costs for the period was
On April 1, Quality Corporation, a U.S. company, expects to sell merchandise to a French customer in three months, denominating the transaction in euros. On April 1, the spot rate is $1.41 per euro.
Prepare the entries for estimated bad debts assuming that doubtful accounts are estimated to be (1) 6% of gross accounts receivable and (2) 1% of net sales.
When you are preparing a Statement of Owner's Equity and have to subtract the investments to get the beginning capital, do you subtract the cash in bank? Is that an investment?
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