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Data from The William Company for 2008 is as follows:
Sales$20/unit
Variable cost of goods sold??
Fixed manufacturing overhead$92,000
Variable selling and administrative??
Fixed selling and administrative$103,000
The company produced 148,000 units during the year and sold 120,000 units. Variable production costs and fixed costs have remained constant all year. Net income for the year was $900,000. What was the company's contribution margin?
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The clothes have a fair market value of $200,000 and a basis to the corporation of $75,000. What is its charitable contribution deduction
the following information is known about three common stocks stock a stock b stock c expected rate of return stock a 3
Net income for the year was $3,800, and net assets at the end of the year were $9,400. Calculate the dividends, if any, declared during the year
management has been reviewing company profitablity and is attempting to improve performance through better planning the
Operating profit in the wasted raw materials scenario is only $100,000 lower than in table. Explain to the president why operating profit is only $100,000 lower.
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Part 1 On July 1, 2010, Wallace Company, a calendar-year company, sold special-order merchandise on credit and received in return an interest-bearing note receivable from the customer.
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