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Question - Great Falls Brewery's regular selling price for a case of beer is $15. Variable costs are $8 per case and fixed costs total $2 per case based on production of 250,000 cases. The fixed costs remain unchanged within a relevant range of 50,000 to 300,000 cases. After sales of 180,000 cases were projected for the year, a special order was received for an additional 30,000 cases.
Required - Calculate Great Falls Brewery's minimum acceptable selling price per case for the special order of 30,000 cases.
(a) What is the term used to describe the owner’s equity section of a corporation? (b) Identify the two owners’ equity accounts in a corporation and indicate the purpose of each.
pam owns a personal use boat that has a fair market value of 35000 and an adjusted basis of 45000. pams agi is 100000.
The company acquired a machine on January 1 at an original cost of $60,000. The machine's estimated residual value is $10,000, and its estimated life is 10,000 service hours. The actual usage of the machine was as follows: Year 1, 2,000 hours; Yea..
In 2009, Austin Powers Corporation developed a new product that will be marketed in 2010. In connection with the development of this product, the following costs were incurred in 2009:
Prepare a schedule translating the trial balance from Norwegian kroner into U.S. dollars. Assume the kroner is the functional currency
Calculating the present value of a bond) If a corporate bond with a face value of $1,000 has 24 years to go until it matures, has a coupon interest rate of 5.7% and a yield to maturity (YTM) of 4.201%, what should be its price in the bond mark..
The present value of a firm’s projected cash flows are $15 million. The break-up value of the firm if you were to sell the major assets and divisions separately would be $20 million. This is an example of what Peter Lynch would call a(n): Stalwart Sl..
Handy-Man Services is a repair-service company specializing in small household jobs. Each client pays a fixed monthly service fee based on the number of rooms in the house. Records are kept on the time and material costs used for each repair. The ..
Mary and Bob have been married for 25 years. They are both college professors. Mary makes $65,000 annually and Bob makes $75,000 annually.
Discuss any cash flow impacts related to postponing the purchase of the equipment
ABC Company had a record breaking year in terms of sales growth and profitability
1. Balance per the bank on May 31, $8,000 2. Deposits in transit not recorded by the bank, $975
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