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Eat Covers Produced & Sold 1,500 units 1,700 units 2,100 units Total Costs: Variable Costs 15,750 Fixed Costs per year TOTAL Costs Per Unit Variable Costs per unit Fixed Costs per unit Total Cost per unit 31.00 2) & 3) Seat Covers Produced & Sold 1,500 units 1,700 units 2,100 units Total Revenue/Sales Less Total Variable Costs Contribution Margin Less Fixed Costs Profit Contribution Margin Ratio
1.)complete the table
2.) Identify three costs that would be classified as fixed and three as variable costs for this company.
3.) Suppose Paddle Away sells its canoes for $500 each. Calculate the contribution margin per conoe and the contribution margin ratio.
4.) Next year Paddle Away expect to sell 800 canoes. Prepare a contributions margin income statement for the company.
the market value of lake corporations inventory has declined below its cost. sheryl conan the controller wants to use
following are several figures reported for preston and sanchez as of december 31
Prepare journal entries relating to the stock option plan for years 2010, 2011, and 2012. Assume that the employee performance services equally in 2010 and 2011.
Write an article
Examine the reasons service companies are more sensitive to labor and price variances, as compared to material price variances, in the industrial sector and why managing these variances is essential to sustaining profitability.
Since the income of the business is small, Sherry decides to capitalize the expenditures and to amortize them over 3 years for regular income tax purposes. The AMT adjustment for circulation expenditures for the first year of operations is:
Prepare and present the journal entry required to incorporate the effect of the impairment review in the books of Barrington plc.
Determine the company's predetermined overhead rate for year 2011. Assuming that the company's $57,000 ending Goods in Process Inventory account for year 2011 had $18,000 of direct labor costs, determine the inventory's direct materials costs.
You have determined that its present capital structure (80% equity and 20% debt) is optimal, and its net income is forecasted at $140 million. Use the residual distribution approach to determine SSC's total dollar distribution.
find an industry that generates by-products as a result of creating a main product. identify what unique accounting
Margaret Brown and Joel Lee each own 50% of Designs Inc. with no other class of stock authorized. On June 6, 2009, they formed to provide design services. Their business activity code is 541400.
Roskoff subsequently paid this balance. At December 31, 2009, an analysis of the accounts receivable aging schedule indicated the need for an allowance for uncollectible accounts of $14,900.
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