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Eagle Corporation manufactures a picnic table. Shown below is Eagle's cost structure: Variable cost per table Total fixed cost for the year Manufacturing cost $82 $200,260 Selling and administrative $15 $34,162 In its first year of operations, Eagle produced and sold 11,780 tables. The tables sold for $173 each. How would Eagle's absorption costing net operating income be affected in its first year if 14,240 tables were produced instead of 11,780 and Eagle still sold 11,780 tables? (Round your intermediate calculations to 2 decimal places.) net operating income would have been $123,633 lower net operating income would have been $34,633 higher net operating income would not have been affected net operating income would have been $39,133 higher.
gelato supremo is a popular neighborhood gelato shop. the company has provided the following data concerning its
A company manufactures two products bubble and squeak
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a company is considering two alternative technologies for manufacturing a product. the cost data are shown below. a. fc
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Dunn Sporting Goods sells athletic clothing and footwear to retail customers. Dunn's accountant indicates that the firm's operating cycle averages six months. At December 31, 2011, Dunn has the following assets and liabilities.
Kirk's $5,000,000 comprehensive public liability policy contains a $400,000 deductible clause. In Kirk's December 31, 2010 financial statements, for which the auditor's fieldwork was completed in April 2011, how should this casualty be reported?
If total liabilities decreased by $55,000 during a period of time and stockholders' equity increased by $60,000 during the same period, the amount and direction (increase or decrease) of the period's change in total assets is ??
Bates Inc. pays a dividend of $1 and is currently selling for $32.50. If investors required a 12 percent return on their investment from buying Bates stock, what growth rate would Bates Inc. have to provide the investors?
Prepare the adjusting entry to record depreciation at the end of July, 2010. Compute the computer's carrying value that will be shown on Dexter's balance sheet prepared on December 31.
Debauge Co. had beginning capital balances on January 1, 2008, as follows: Nick Foley $30,000 and Tom Wenger $25,000. During the year, drawings were Foley $15,000 and Wenger $8,000. Net income was $50,000, and the partners share income equally. Pr..
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