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Question - Bone-Brain, Inc. had three products: a foot manicure kit (unit sales price $55; unit variable cost $25); a hand manicure kit (unit sales price $40; unit variable cost $15); and a hair kit (unit sales price, $75; unit variable cost $30). The company's sales mix of the products was 3:1:1 respectively. Fixed costs were $33,000 in total. Desired ending inventory was 5,500 units spread 2:2:1 respectively.
a) Compute the weighted-average contribution margin.
b) Compute the weighted-average breakeven point.
c) Compute the breakeven point for each product.
Assume that Spacey Company uses a periodic inventory system and has these account balances: Purchases $404,000, Purchase Returns and Allowances $13,000.
The preferred stock was issued for $166,490 cash. Prepare the stockholders' equity section of the balance sheet at December 31, 2014
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PH384: Introduction of Epidemiology. Calculate percentage of smoker in cases. Calculate the odds ratio and provide brief interpretation about the odds ratio.
On January 1, 2017, it leased to Althaus Company a replicator that had cost $118,900 to manufacture. Prepare Vaughns January journal entries
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