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Harley Davidson sells motorcycle X and Y. Motorcycle X sells for $10,000, has variable cost (labor and material) of $2,000, and requires 10 hours of use of machinery to produce. Motorcycle Y sells for $12,000, has variable costs (labor and material) of $8,000, and requires 2 hours of machinery to produce. Harley Davidson has a capacity constraint of 5,000 hours of machinery use per year. Which motorcycle should it produce?
Its estimated grossprofit on sales was 30%. On November 30, the store was destroyed by fire. What was the value of the merchandise inventory loss?
Assume further that the FICA tax rate was 7.5% (on earnings up to $100,000) and federal income tax to be withheld was $235. Determine the gross pay for the week.
indicate by letter whther the action listed will immediatelyh increase i decrease d or have noe effect n on the ratios
Explain the meaning of the term "accounting principles" as used in the audit report. How is it determined if an accounting principle is "generally accepted". Discuss the sources of evidence for determining whether an accounting principle has substa..
Describe how deferred tax assets relating to accruals arise and explain how deferred tax assets relating to loss carryforwards arise
the process of initially recording business transactions in a journal isa posting.b sliding.c journalizing.d
Elizabeth's property had an adjusted basis of $9000 and a fair market value of $10,500, and Elizabeth gave Debbie $4500 in cash. Determine Debbie's and Elizabeth's realized gain of loss, recognized gain or loss and the basis in their new property.
Which of the following is most likely to be used in determining a proper amount to be included in the allowance for doubtful accounts?
Find the future value of $10,000 invested now after five years if annual interest rate is 8 percent.
acocunting question purchased merchandise on account list price is 30000 trade discount 40 fob destination 210 n30.the
E-commerce creates its own risks and therefore special internal controls. Identify and explain one pitfall and one security measure for an online business and provide examples of how your selected security measure will strengthen internal control.
Assume Research In Motion invested $834 million to expand its manufacturing capacity. Assume that these assets have a seven-year life, and that Research In Motion requires a 12% internal rate of return on these assets.
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