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Birdie Co. makes three products, A, B and C. They have a constrained resource - machine hours. There are only 17446 machine hours available a month.
The three products have the following data:
Selling price per unit for A: 6.00 Variable Cost per unit for A: 2.00 Machine hrs required for A: 2 Demand product in units for A: 1,000
Selling price per unit for B: 16.00 Variable Cost per unit for B: 4.00 Machine hrs required for B: 4 Demand for product in units for B: 4,000
Selling price per unit for C: 11.00 Variable Cost per unit for C: 6.00 Machine hrs required: 5 Demand for product in units: 1,000
How much of product A should be produced?
Easypull Corporation manufactures a specialty tool called Yank-it-Off used by roofing contractors to remove old shingles from rooftops. In 2014, Easypull manufactured and sold 30,000 such tools. Assuming your decision is based upon maximizing profits..
On January 1, 2010, the company purchased equipment for $600,000. The equipment has a 20-year expected useful life and $0 residual value. Initially, the company used double-declining-balance depreciation. On January 1, 2013, the company changed to st..
Months of January and February, Axe Corporation purchased goods from three sup- sequence of events was as follows: Purchased goods for $1,200 from Green with terms 2/10, n/30. Purchased goods from Munoz for $900 with terms 2/10, n/30. Paid Green in f..
Venetian Corporation manufactures car stereos. It is a division of Berna Motors, which manufactures vehicles. Venetian sells car stereos to Berna, as well as to other vehicle manufacturers and retail stores
Office Today’s revenue in the current year is $ 800 million and its cost of goods sold is $ 640 million. Compute Office Today’s gross profit and its gross profit percentage.
Purpose a combined cost of goods sold and Income Statement
In your opinion, as a body of rules and regulations, Describe whether or not the rules and regulations are sufficient to minimize fraudulent activities in organizations.
Operating data for Navarro Corporation are presented below. 2015 2014 Net sales $750,000 $600,000 Cost of goods sold 465,000 390,000 Selling expenses 105,000 66,000 Administrative expenses 60,000 54,000 Income tax expense 36,000 27,000 Net income 84,..
Neither of the two items above is reported in the financial statements of British Airways, and neither is likely to appear there in the future. Why?
Which of the following statements is most correct concerning the relationship between a company's cash budget and its income statement
Bill's company issued a 100,000 non-interest bearing note to the bank at a 15% discount for the note. What are the proceeds to Bill's company?
An article recently appeared in the Wall Street Journal indicating that companies are selling their receivables at a record rate. Discuss reasons why a company may want to sell their receivables and the advantages and disadvantages of this practi..
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