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Rhetorix, Inc. produces stereo speakers. The selling price per pair of speakers is $900.The variable cost of production is $300 and the fixed cost per month is $60,000.For November, the company expects to sell 130 pairs of speakers.
Required:
a. Calculate expected profit.
b. Calculate the margin of safety in dollars. (Round to the nearest dollar.)
Net present value Lakeside, Inc., is considering replacing old production equipment with state of the art technology that will allow production cost savings of$10,000 per month.
In 2013, Randa Merchandising, Inc., sold its interest in a chain of wholesale outlets, taking the company completely out of the wholesaling business.
One way to own your own fitness business is to buy a franchise. Snap Fitness is a Minnesota-based business that offers franchise opportunities. For a very low monthly fee ($26, without an annual contract) customers can access a Snap Fitness center..
Prepare the required journal entry based upon the cash count sheet.
What relevant costs might you consider in deciding whether to accept the order at reduced selling price? What costs would you not consider when making your decision? Why are these costs not relevant?
The raw materials budgeted to be purchased for the period is equal to.
What would you include in a job description for a new cashier? How about a sales person? What is included on your job description? Are there functions you perform that are not in your job description?
What type of SBU does Liberty management appear to use for the claims processing department?
Review the roles of management accounting within a company. What is the most important role of management accounting? How is that different than financial accounting?
milton and rhodes perform consulting services for e-commerce consulting and information systems in western australia.
a.Compute the number of units that must be sold to earn a profit of $80,000. b.Compute the number of units that must be sold if advertising costs rise by $12,000 and a targeted
Compute the company's break-even point in number of wide-body passenger jets and in dollars of sales. Suppose the company plans to sell 99 wide-body passenger jets in 2012. Compute the company's projected operating profit.
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