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Problem - Contribution margin analysis - The actual price for a product was $56 per unit, while the planned price was $50 per unit. The volume decreased by 40,000 units to 820,000 actual total units.
Required -
(a) Determine the sales quantity factor.
(b) Determine the unit price factor for sales.
Parent Company owns 75% of Subsidiary Company. What would be the pre-tax gain or loss to the consolidated entity on the intracompany sale of the bond
On January 1, 2016, Berlin Corporation issued $500,000 of 11.5% bonds due January 1, 2023, at 102. Prepare the journal entry to record the bond issue
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Determined that net income for the year was $327,000. Journalize the transactions and the closing entries for net income and dividends
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toddu2019s garden company manufactures a fertilizer known as great garden. the manufacturing process begins in the
1. paid the rent for the next six months.a an asset would be debited and an expense credited.b an asset would be
The production department started the month with the beginning goods in process inventory of $350,000. During the month, it was assigned the following costs: direct materials, $192,000; direct labor, $90,000; overhead applied at the rate of 30% of..
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Schylar Pharmaceuticals, Inc., plans to sell 135,000 units of antibiotic at an average price of $15 each in the coming year. What is the contribution margin
Prepare the journal entries required at December 31, 2012, and December 31, 2013, assuming that the inventory is recorded at lower-of-cost-or-market
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