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XYZ Manufacturing produces car parts. The company has a variable cost per unit of $100 and fixed costs of $100,000. The company sells each car part for about $125. Recently, the company is considering increasing its advertising by $50,000 in order to sell more car parts. How many additional parts must the company sell in order to justify the increased advertising costs?
Find the maximum purchase price acceptable to the Minnetonka Corporation for the bindings? Support your answer with an appropriate explanation
Though Maze was listed as a co-borrower, John repaid the loan in full in 2011. On Maze’s Form 1120 tax returns, no loans from shareholders were reported. Describe whether John is entitled to a bad debt deduction for the amount of the payment on th..
When finished goods inventory decreases during a period, a manufacturing company's absorption costing net operating income for that period will usually be greater than its variable costing net operating income.
Another client gave her a check for $750 on December 31, 2011, but after the bank had closed. Both the $500 and $750 checks cleared the next year. Explain how much does Sarah have to include in her gross income for 2011?
Complete the sales budget by filling in the missing amounts and determine the amount of sales revenue the company will report on its pro forma income statement for the first quarter?
the only other debt outstanding during the year was a $1,000,000, 10-year, 9% note payable dated January 1, 2006. What is amount of interest that should be capitalized by Bass during 2012?
Perform an audit for Rodriguez & Co. after the client's year-end. Due to time limitations
Prepare an income statement for the year ended 31 st December, 20X8, by using direct costing. Prepare an income statement for the year ended 31 st December, 20X8, by using absorption costing.
Identify and briefly describe three ways you could use analytical procedures as risk assessment procedures, Identify and briefly describe three ways you could use analytical procedures as substantive procedures through the audit.
the overall efficiency with which the company uses its assets to generate revenues. how rapidly the market believes the company will grow.
Prepare the suitable journal entry, if any, to record this accounting change. Purpose the journal entry to record depreciation for 2013.
Evaluate smith's tax expense for the year ending 31 st December, 2012? Evaluate smith's tax liability for the year ending 31 st December, 2012?
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