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Royal Bikes (RB) manufactures and sells two models of bike, Ezee and Focus. Of RB's sales, 60% are for EZee and 40% for Focus. RB incurs $918,000 fixed costs, and pays taxes at a rate of 40%.Sheldon Wright, the owner of RB, anticipates that the labour and material costs will increase next year. He is considering upgrading the existing machine, which will cost $72,000. However, the variable costs will reduce from $500 to $400 for Ezee and from $900 to $800 for Focus.
Problem 1: Assuming the sales mix is constant, calculate the contribution margin for the composite.
Drew paid $25,000 plus $1,250 in sales tax, and $1,000 in freight and set-up charges for the tractor. What is Drew basis in the tractor for depreciation purpose
Mountain's ending inventories in units at September 30: Finished goods 3,800. Compute the number of units that Mountain finished during December
1. at the end of the year a corporation has a balance in allowance for uncollectible accounts of 230 credit before any
All of the inventory in production during the last two weeks in December - What would be correct amounts for the line items?
What best describes the benefits Whole Foods likely hoped to receive by having local managers source food and make operational decisions?
Would the full cost method or the area of interest method of accounting for the extractive industries provide a greater volatility of earnings
Waupaca Company establishes a $ 350 petty cash fund on September 9. On September 30, the fund shows $ 104 in cash along with receipts
Find total costs including interest at 5% on the capital cost of the machine. (Depreciation to be calculated at 10% on straight line method)
a dramatic decision to begin using energy surcharges to recapture rising energy costs
submit your responses to the following questions in a 1-2 page summary msword document. label each question clearly.
questionclark sells an office building through the current year for 600000. the building was purchased in 1981 for
Use variance analysis to explain the causes of the increase in revenue from 2007 to 2008. Show your computations neatly, and clearly label the appropriate variances.
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