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Question - Unique Design manufactures Product 753. The company has budgeted to produce 650 units to be sold for $23 000 per unit. The following standard was established: direct materials (45 ft. of lumber), $6 750; direct labour (20 hours), $2 000; Variable overheads ($60 per direct labour hour), $1 200; Budgeted fixed overhead cost $5 128 650. Actual production for the quarter was 600 units. Calculate (a) Breakeven in units. (b) Margin of safety in units. (c) The number of units that must be sold if the company wants to make a total profit of $4 306 500 for the quarter.
The machine is expected to raise gross profits by $4,500,000 per year, What are the incremental free cash flows associated with the new machine in year 2?
See the Present and Future Value Tables from the Appendix for help in solving this item. Round your final answers to the nearest dollar
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A sporting equipment store expects to purchase $8,000 of ski boots in October. The store had $4,000 of ski boots in merchandise inventory at the beginning of October, and expects to have $3,000 of ski boots in merchandise inventory at the end of Octo..
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