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Question - If sales total $3,000,000 and fixed costs total $500,000 and variable costs are $1,000,000 of sales what the contribution margin ratio? Enter as a whole number, for example enter 40% as 40 (no decimal place).
If contribution margin is 40% and fixed cost is $550,000, what is the breakeven sales dollars? Enter as a whole number (no cents).
Great Book Company has one service department (Maintenance Services). Great Book has two production departments (Printing Department & Binding Department.) Maintenance Services has costs of $150,000 which is allocated to production departments based on their number of employees. Employees are:
Maintenance Services 3
Printing Department 8
Binding Department 8
Great Book uses the direct method for service cost allocation. Use this information to determine for Great Book Company the dollar amount of its maintenance costs that are to be absorbed by the printing department. Round answers to the nearest whole dollar (no cents).
Which should ordinarily record a dividend received from Walsh as? Pence Corporation, which accounts for its investments in the common stock of Walsh Company
In Sheridan Company's income statement, they report gross profit of $62000 at standard. What the Sheridan would report actual gross profit
Finney Company sold a machine for $15,000. Indicate which accounts are increased and /or decreased to record the disposition of the machine.
Determine if the order should be accepted or rejected. O'Malley, Inc. has a capacity of producing 300,000 units a year and sells them at $28 a unit.
Examine the effects of variations in actual sales from these forecasts and its respective break-even point. Show your calculations to support your comments
Describe how the authors characterize the traditional view of direct & indirect costs and what are your observations about this paper by Gordon and Loeb?
Express the balance sheets in common size percents. Round amounts to the nearest one tenth of a percent.
Assuming that the company uses the incremental learning curve method, the total labor cost for 4 units will be closest to
You wish to evaluate the two contracts using a required rate of return of 15%. In present value terms, how much better is the second contract?
Determine the dollar amount of Ocean City Kite Company's fixed costs. (Round dollar value to the nearest whole dollar & enter as whole dollars only.)
They plan to produce 500,000 units next costs of $40 per unit. What return on investment (ROI) do they plan to have per unit
Will changes in the rate of inflation affect health care spending? In your answer, distinguish between real and nominal expenditures and between short- and long
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