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Gunst Company produces three video games: Android, Bio-Mutant, and Cyclops. Cost and revenue data pertaining to each product are as follows:
At the present time, demand for each of the company's products far exceeds its capacity to produce them. Thus, management is trying to determine which of its games to concentrate on next week in filling its backlog of orders. Gunst's direct labor rate is $12 per hour, and only 1,000 hours of direct labor are available each week.
Determine the maximum total contribution margin the company can make by its best use of the 1,000 available hours. (Do not round intermediate calculations.)
Robertreceives a yearly salary of $99,000, plus an annual bonus, from Software INC. The annualbonus is determined in December of each year but not paid.
Explain the logic underlying those treatments. Also, describe how disclosure requirements are designed to address the departure from consistency and comparability of changes in accounting principle.
What are the two general criteria that must be satisfied before a company can recognize revenue? Moreover explain compound interest.
The balance in the equipment account is $678,950, and the balance in the accumulated depreciation-equipment account is $262,200. a. What is the book value of the equipment?
Based on the intern's segmented income statement, can you determine how she allocated the company's common fixed expenses to the Commercial and Residential
Part (a) Who are the stakeholders in this decision? Part (b) Is it ethical for Judy to revise the costs as indicated? Briefly explain. Part (c) What should Judy do?
1 fixed cost are 800000 and the verable cost are 75 of unit selling price what is the break even point.2 minium
Draw the entities and the minimum and maximum cardinalities for the two entities described in each problem. Some problems specify the entities that you should draw. Read each problem carefully
Make notes on the following two items to help your manager to understand their meaning: The balanced scorecard and its perspectives on performance
what are the most important components of the mission statement? what are some skills you possess that will be useful
Monterey uses straight-line depreciation and assumes that the annual cash inflow from the machine will be received uniformly throughout each year. In calculating the accounting rate of return, what is Monterey's average investment?
how will net income be affected in 2013?
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