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Problem 1: World-Wide, Inc. expects total sales of $55 million, a margin of safety of $25 million, and a contribution margin ratio of 25%. Compute the following:
(a) Variable costs: $_________________(b) Break-even sales volume (in dollars): $_________________(c) Fixed costs: $_________________(d) Operating income: $_________________
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Grey company's work in process Inventory account has a beginning balance of $40,000 and an ending balance of $50,000. Current manufacturing costs total $125,000. What is the cost of goods manufactured?
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What was the basic and diluted earnings per share for the year ended 31 December 20X1 and what is the basic and diluted earnings per share for the year ended 31 December 20X3?
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