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Problem - Dacosta Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product.
Production volume 6,000 units 7,000 units
Direct materials P369,600 P431,200
Direct labor P309,600 P361,200
Manufacturing overhead P919,800 P937,300
Required - Find the best estimate of the total monthly fixed manufacturing cost?
how do the percent of revenue method and the percent of receivables method to estimate uncollectible accounts expense
To predict revenues for 2012, The Best uses the average for the past five years. The company's breakeven revenue is $800,000 per year. What is The Best's predicted margin of safety for 2012?
the balance sheet of tech track reports total assets of 400000 and 500000 at the beginning and end of the year
In exchange for all of its stock, Aqua receives: assets (basis of $380,000 and fair market value of $1.8 million), trade accounts payable of $125,000, and loan due to a bank of $375,000. The proceeds from the bank loan were used by Shawn to provid..
A medical supply store wants to know the number of stethoscopes it should purchase to minimize annual costs. Currently, the store is ordering 1,000.
How much did total equipment increase or decrease by the end of May? Use a positive number to indicate an increase or a negative number to indicate a decrease.
Note receivable collected by bank 3,360 and Cash balance per bank, 9/30 $6,160. Determine the cash balance per books (before adjustments) for the Bacher Company
Cassie owns a Rembrandt painting she acquired on June 1, 2009 as an investment. She exchanges the painting on September 5, 2011, for a Picasso sculpture and marketable securities to be held as an investment. On what date does the sculpture's holdi..
The ABC Storage Company provides warehouse facilities mainly for household goods moving companies. Up until now, ABC has fully retained all theft and burglary.
Record the following selected transactions in general journal form for Sun Orthopedic Clinic, Inc.Include a brief explanation of the transaction as part of each journal entry.
Using the company and analysis from your group assignment, provide the following: Reformatted Financial Statements and Financial Analysis
determining cash payments to stockholders the board of directors declared cash dividends totaling 176800 during the
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