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Problem - Billings Company has the following information available for September 2017.
Unit selling price of video game consoles $400
Unit Variable cost $280
Total fixed costs $54,000
Units sold 600
Instructions -
(a) Compute the unit contribution margin.
(b) Do a CVP income statement that shows both total and per unit amounts.
(c) Compute billings break-even point in units.
(d) Do a CVP income statement for the break-even point that shows both total and per unit amount.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
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Create a cost-benefit analysis to evaluate the project
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