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Suppose you were considering going into the car-wash business and investing in a new kind of car-washing unit which is more mechanized than the usual ones but also has higher fixed costs. Calculate the break-even point in dollars and units if the usual price of $4 per car were charged. The variable cost per car is estimated at $2. The total fixed cost per year (including depreciation, interest, taxes, fixed labor costs, and other fixed costs) is estimated at $320,000.00
a. Break-even Point in mce_markernbsp;b. Break-even Point in unitsc. Calculate the break-even points (in $ and units) if the retail price of car wash drops to $3.50 per car due to competition in the future.d. Break-even point in mce_markernbsp;e. Break-even point in units f. Should you go into the car-wash business in any of the above situations? Explain.
Prepare an income statement for Marwick’s Pianos, Inc., for August. Use the traditional format, with costs organized by function. (A "Net operating loss" should be entered as a negative number
what are the ways in which cost be be classified to suit management needs.give examples of the
twyla enterprises uses a word processing computer to handle its sales invoices. lately business has been so good that
Reconcile the difference in profit between the two income statements.
The system is expected to bring annual benefits of $35,000 over the 5 year period. Showing all calculations in Excel:
Critically review the above. Do you agree, partly agree or disagree with the issues raised in the above? Discuss your reason (s) for doing so. You need to support your viewpoint with carefully chosen and authoritative evidence.
The stock's market value is $25 on March 1st (just prior to the dividend) and $35 on March 31st. Par Value is .01 and there are 1,000 shares outstanding. Record the dividend declaration in a journal entry.
Prepare a schedule analyzing the physical flow of units and computing the equivalent units for both direct material and conversion costs for they ear.
Prepare the journal entry to record Tamasine Company's issuance of 5,000 shares of $100 par value 7% cumulative preferred stock for $ 102 cash per share.
an electric utility issued 3000 shares of common stock all of the same class 2800 shares are outstanding and 200 are
The main objective of Bob Reep is acquiring a lease that would potentially minimize the monthly cost of meeting trucking requirements for a new project without dismissing off the employees i.e. following his no-layoff policy and using personal driver..
Discuss the ethics of this practice. If you were the CFO of this company, how might you go about implementing the strategy of not paying bills? (Deliverable length 200 words with the references)
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