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Questions -
Q1. Charles earns an annual salary of $72,100 paid biweekly based on a regular workweek of 36.25 hours. His company generously pays all overtime at twice his regular wage. If Charles worked 85.5 hours over the course of two weeks, what are his gross earnings?
Q2. In the current year, a small Holiday Inn franchise had sales of $1,800,000, fixed costs of $550,000, and total variable costs of $750,000. Next year, sales are forecast to increase by 25% but costs will remain the same. How much will net income change (in dollars)?
If the department typed 81,900 lines according to the original plan, what would have been the labor time variance? What was the labor time variance as a result of typing 88,900 lines? What was the labor rate variance as a result of the bonus?
The hardware of a computer system includes the computer itself and other devices that help the computer perform its tasks. These “other devices” are commonly also called:
What is Burble's variable cost per unit? Would you recommend that management use this activity to determine/predict costs? EXPLAIN your answer; what item(s) above did you use for your recommendation?
Local sales price in the Eurozone is EUR 5.00 per unit of output, what is your new sales price if the EUR depreciates by 15% relative to the USD?
Understanding of key business processes of a company that hires you to provide financial services.
Gamison Ltd acquires the business of Deban Ltd by buying all of its assets and liabilities. GamisonLtd pays cash of $277113 for Deban’s business. All of deban's asset and liabilities are recorded at fair value except for: Item Fair value Inventory $4..
The average ?xed expense per month is $2,100,000. Determine how many tickets will have to be sold to attain target pro?ts of $2,600,000 per month?
Nonconstant Dividend, Company's stock has a beta of 1.2, risk-free rate is 7%, and market risk premium is 2.5%. What is estimate of the stock's current price?
Catbird accounts for its investment in Bug using the equity method as a one-line consolidation. Complete the working papers to consolidate financial statements of Catbird and Bug Corporations for the year 2006.
Uses the straight-line method of amortization of bond discount, the amount of bond interest expense to be recognized in December 31, 2020's adjusting entry is
A company has outstanding long-term bonds with a face value of $1,000, a 10% coupon rate, If the company's tax rate is 25%, what is the after-tax cost of debt
calculation cost to make a product.the parts division sells product a for 14.25 on the outside market. lately the
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