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Problem - David Tan, sales director, of Pub's Toy Lid, negotiated with a new customer on the volume and selling price of its popular product - Monster Craz. David has been informed of the costs of manufacturing the product - variable production cost $15 each and fixed production overhead $4,000,000 for the expected volume between 40,000 units and 80,000 units. Selling and administrative variable and fixed expenses are $3 per unit and $40,000 for the same expected volume range. David expected to sell 50,000 units of Monster Craz. How much is the minimum price for the deal, if a minimum targeted profit of $500,000 is expected?
Raul owns 1,000 shares of stock in Mountain Corporation, worth $50 per share. Raul selects the stock. Compute the Raul's gross income
The cost of goods sold for 2017 was $2,635,938 and the ending inventory at December 31, 2017 was $544,688. What was the inventory turnover
Calculate the amount of interest that Mason should capitalize in 2013 and 2014 using the weighted-average method. (Do not round your intermediate calculations. Enter your answers in whole dollars.)
During April, the actual direct labor cost totaled $12,500, What is the predetermined factory overhead rate based on direct labor cost
Discuss the variety of ways medical insurance plans process claims and its implications.
Oriole Corporation, having recently issued a $20,139,700, Will the fund at the end of 15 years be sufficient to retire the bonds?
Record the disposal of the hydrotherapy tub system for $4,050 in year 3 assuming depreciation was calculated using the straight line method.
The customer paid the invoice on January 31, 2022. The amount of services completed as of Dec 31st: $3,323. Prepare the general journal with alternative method
What is the scattergraph method, and why is it used? Why is a scattergraph a good first step in separating mixed costs into their fixed and variable components?
Create an income statement and balance sheet. A firm has current assets of $1,600, net fixed assets of $6,000, accounts payable of $800
develop an argument supporting the use of flexible-budget variance analysis to control the costs of activity areas in
Topeka Stores accepts both its own and national credit cards. During the year the following selected summary transactions occurred.
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