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Romtech Company sold 43,000 units of its product at a price of $300 per unit. Total variable cost per unit is $175, consisting of $168 in variable production cost and $7 in variable selling and administrative cost. Compute the manufacturing margin for the company under variable costing
What are some mechanisms or techniques that management can employ to help prevent obsolescence of inventory?
Find what is the net present value of this investment and evaluate the internal rate of return?
Give the entries to record the receipt of the subscription fees and to adjust the accounts at December 31, assuming annual financial statements are prepared at year-end.
Prepare the journal entry to record item and prepare the journal entry to record item 3 using the cost method
If 40,000 labor-hours were worked and the standard wage rate was $13 per labor-hour, what would be the standard hours allowed per unit of output? Please show how to calculate.
In a recent year, an oil refinery in Texas City, Texas, on the Houston Ship Channel exploded. The explosion killed 14 people and sent a plume of smoke hundreds of feet into the air. The blast started as a fire in the section of the plant that incr..
List the errors you find in the following statement of cash flows. The cash balance at the beginning of the year was $180,576. All other amounts are correct, except the cash balance at the end of the year.
It had accounts payables of $67,855, notes payables of $36,454, long-term debt of $223,125, and common stock of $150,000. How much retained earnings did the firm have?
Big Shot Market is considering two investment projects: Project A Project B Initial Cost 250,000 200,000 Number of Periods 5 5 Yearly Net Cash Flow 75,000 60,000 Cost of Capital (WACC) 5% 5%
Evaluate the maximum profits that Greentown can earn and the customer mix and quantity by which that profit will be achieved.
Calculate the overall effects of these transactions on the store's reported income for 2014
Prepare the four budgets for the quarter ending 30 June 2013 only. (Show the total of the three months in these budgets only. Do not show the monthly figures. Round your numbers for these budgets up to zero decimal places):
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