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Questions -
Q1) Backpack Company has $6.40 per unit in variable costs and $4.90 per unit in fixed costs at a volume of 50,000 units. If Backpack marks up total cost by 0.58, what price should be charged if 65,000 units are expected to be sold?
Q2) Golden Safety has designed a new product. Several managers and employees from the cost accounting department and the marketing department are also on the team to evaluate the product and determine the cost using a target costing methodology. An analysis of similar products on the market suggests a price of $123.00 per unit. The company requires a profit of 0.25 of selling price. How much is the target cost per unit?
After the scandal was uncovered, thousands of stockholders lost millions of dollars as Enron share values plummeted."
Required: What dollar value per year would the intangible benefits have to have in order to make the equipment an acceptable investment
Analyze What is the unit product cost for the month under variable costing? Prepare an income statement for the month using the variable costing method.
Find How much Alpha Corporation should report for 2017 basic earnings (loss) per share for income (loss) from continuing operations
On June 30, year 1, Lomond, Inc. issued 21, $10,000, 7% bonds at par. What is Lomond's year 2 diluted earnings per share?
the supplies remained at the end of the year and the beginning balance for supplies was $500
Prepare a statement of owner's equity for the year ended June 30. No additional investments were made during the year.
What is the contribution margin? How many cupcakes must Jane sell in a year in order to break even
If sales for 2018 remain at 13,000 units, what price should Grafton charge to obtain the same profit as last year? Round to the nearest cent
Discuss the importance of constructing confidence intervals for the population mean
Teri expects to report taxable income through 20x3. Prepare journal entry to record income tax expense, deferred income taxes, and income tax payable for 20x0
gazz electronics manufactures audio equipment selling itthrough various distributors.gazzs days sales outstanding
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