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Each year, Sunshine Motos surveys 7,500 former and prospective customers regarding satisfaction and brand awareness. For the current year, the company is considering outsourcing the survey to Global Associates, who have offered to conduct the survey and summarize results for $30,600.
Mailing $16,800 Printing (done by Lester Print Shop) $4,500 Salary of Pat Fisher, part-time employee who stuffed envelopes and summarized data when surveys were returned (100 hours X $15) $1,500 Share of depreciation of computer and software used to track survey responses and summarized results. $1,100 Share of electricity/phone/etc. based on square feet of space occupied by Pat Fisher vs. entire company. $500
Problem 1: What is the incremental cost of going outside versus conducting the survey as in the past? Round to two decimal places.
$248,000 of accounts was written off during the year. The bad debt expense for the year was $250,000. What was cash collections for the year?
Accounting fundamentals involves completion of accounting cycle and Barber-Williams, Inc. sells, installs, and services a variety of industrial equipment from several manufacturers.
calculation minimum unit price to be set to product.generators inc. produced emergency backup generators for use in
The primary thing that this more sophisticated measure of ROA better captures that the simpler version, defined as ROA* = Net Income / Total Assets, is?
King Company owns a 90 percent interest in the outstanding voting shares of Pawn Company. No excess fair-value amortization resulted from the acquisition. Pawn reports a net income of $110,000 for the current year. Intra-entity sales occur at regu..
Investors expect lower expected rates of return from stocks with returns that are not sensitive to fluctuations in the stock market. True/false
Prepare an income statement for the year ended 30 June 2012, and a statement of financial position as at that date, for Mr Chips's business.
If Marigold Manufacturing makes 19900 pairs of shoes this month, what are the total budgeted manufacturing cost for the month?
Calculate the effect, if any, that each error had on the related December 31, 2019 statement of ?nancial position items. Calculate the effect of each error
TXA Ltd acquired a machine from Blue Ltd, Make the journal entries that would appear in TXA Ltd.'s books to account for the acquisition of the Machine.
Rs. 15 per labour hour, the actual overhead cost is Rs. 85,000 and actual labor hour are 5,750. The under or over absorption of overhead is
Don's personal auto was damaged in a wind storm this year. Don purchased the auto several years ago for $51,900 and it was worth $28,545 at the time of the storm. The damage was superficial, so Don decided not to repair the car. Although Don collecte..
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