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Hamilton, Inc. has two divisions, Parker and Blaine. Following is the income statement for the previous year: Of the total fixed costs, $600,000 are common fixed costs that are allocated equally between the divisions. What would Hamilton's profit margin be if Blaine were dropped? $(240,000) $(150,000) $110,000 $150,000
Write some examples of other comprehensive incomeitems. Does reporting of other comprehensive income affect determination of net income and retained earnings?
at year-end the accounting department at bell-jones industries had prepared the followingbalance sheet and income
fairfax company uses weighted-average process costing to account for its production costs. direct labor is added evenly
Jastoon Co. acquired all of Wedner Co. for $588,000 cash in a tax-free transaction. On that date, the subsidiary had net assets with a $560,000 fair value but a $420,000 book value and income tax basis.
Sand Soap Company management is analyzing the company's standard cost variances for direct materials for the most recent period. The following information was available from company records.
Natali Vision sells 5,000 pairs of sunglasses per month at $40 each with a desired profit margin of 25%. Fixed costs are $20,000. What is the variable cost per unit?
Mouns Company owns 30% interest in the stock of Darian Corporation. During the year, Darian pays $20,000 in dividends to Mouns, and reports $100,000 in net income. Mouns Company's investment in Darian will increase Mouns' net income by?
denny removal company removes potentially toxic asbestos insulation and related products from buildings. the companys
what effect do interest rates have on the calculation of future and present value?how does the length of time affect
the following standards for variable manufacturing overhead have been established for a company that makes only one
ashwood mining co. acquired mineral rights for 15000000. the mineral deposit is estimated at 120000000 tons. during the
Describe a situation where managers would benefit from using variable costing instead of absorption costing. What specific benefits would the managers realize?
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