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Question - Green Company sells its product for $10400 per unit. Variable costs per unit are: manufacturing, $5700; and selling and administrative, $130. Fixed costs are: $31200 manufacturing overhead, and $41200 selling and administrative. There was no beginning inventory at 1/1/18. Production was 24 units per year in 2018-2020. Sales were 24 units in 2018, 20 units in 2019, and 28 units in 2020. Compute the income under variable costing for 2019?
a. $19000.
b. $24200.
c. $26800.
d. $43200.
If a firm issues a bond to raise money to finance a project, does this debt financing yield a zero net present value? ( assuming that the market is efficient in pricing and tax consequences are irrelevant). yes or no. explain?
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Prepare the company's entries to record installment sales, cash collected, cost of installment sales, deferral of gross profit, and gross profit recognized, using the installment-sales method.
Assuming the only changes in retained earnings in 2009 were for net income and a $25,000 dividend, what was net income for 2009?
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simple interest compound interest discount rate force of interest av pv1.fund p earns interest at a simple rate of 4 a
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book company had net income of 75000. on january 1 there were 10000 shares of common stock outstanding. on may 31 the
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