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Candies Inc. manufactures and sells two products, marshmallow bunnies and jelly beans. The fixed costs are $350,000, and the sales mix is 70% marshmallow bunnies and 30% jelly beans. The unit selling price and the unit variable cost for each product are as follows: Products Unit Selling Price Unit Variable Cost Marshmallow bunnies $2.40 $1.00 Jellybeans $1.80 $0.90 a. Compute the break-even sales (units) for the overall product, E. ? b. How many units of each product, marshmallow bunnies and jellybeans, would be sold at the break-even point?
The company uses a job-order costing system. How would you recommend that manufacturing overhead cost be assigned to production? Be specific, and shoe computations.
Evaluation of Full charges, Variable costs, Market price & Negotiated price to be treated as Transfer Price.
Assume that Sales Returns and Allowances, Sales Discounts, and Credit Card Discounts are treated as contra revenues: compute net sales for the two months ended December 31, 2011.
Determine the markup percentage (rounded to two decimal places) for mobile phones. Determine selling price of mobile phones. Round to the nearest dollar.
Journalize the April transactions using a periodic system and At the beginning of the current season on April 1, the ledger of Four Oaks Pro Shop showed Cash $2,500; Merchandise Inventory $3,500; and Common Stock $6,000.
Wells Fargo sells $200,000 of bonds to private investors. The bonds are due in five years, have an 8% coupon rate, and interest is paid semi-annually. The bonds were sold to yield 6%. What proceeds does Wells Fargo receive from the investors?
Find the budgeted direct-labor cost rate and find the budgeted indirect-cost rate assuming direct-labor cost is allocation base?
Evaluate the amount and character of Robby's deduction(s) for this vacation home considering the cost allocation method that the IRS prefers is used.
What was the average issue price per share of preferred stock and How many shares of common stock are outstanding?
How much retained earnings do the firm have and find How much long-term debt does the firm have
If a business had sales of $4,000,000, fixed costs of $1,300,000, a margin of safety of 25%, and a contribution margin ratio of 40%, what was the break-even point?
Differences between the book value and the fair value of the identifiable assets of Salem Company
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