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Due to an increase in labor rates, the company estimates that variable costs will increase by $1.60 per skateboard next year. If this change takes place and the selling price per skateboard remains constant at $32.00, what will be the new CM ratio and the new break-even point in skateboard?
Brown Company has $30,000 of ending finished goods inventory as of December 31, 2008. If beginning finished goods inventory was $25,000 and cost of goods sold was $40,000, how much would Brown report for cost of goods manufactured?
the standard cost sheet includes all of the following exceptthe standard quantity per unit.the standard material costs
Shaun's policy is to declare and pay a $1 per share cash dividend every April 1 and October 1. Shaun's income , earned evenly throughout each year, was $598,000 in 2013, $639,000 in 2014, and $692,400 in 2015.
What is the amount and initial character of the gain or loss from disposition of the real estate? Is any of the gain unrecaptured § 1250 (25%) gain?
The following production and total cost information relates to a single product organisation for the last three months: Month Production Total cost units £ 1 1,200 66,600 2 1,900 58,200 3 1,400 68,200
At a sales level of $441,000, James Company's gross margin is $15,000 less than its contribution margin, its net operating income is $49,000, and its selling and administrative expenses total $112,400. At this sales level, its contribution margin ..
The company issued to the stockholders 100,000 rights. Ten rights are needed to buy one share of stock at $34. The rights were void after 30 days. The market price of the stock at this time was $36 per share.
Assume a healthcare company sold bonds that have a ten-year maturity, a 12% coupon rate with annual payments, and a $1,000 par value.
Last year, Gransky Corporation's variable costing net operating income was $52,100 and its ending inventory increased by 400 units. Fixed manufacturing overhead cost was $7 per unit. What was the absorption costing net operating income last year?
By 2010, foreign companies will be able to file on US stock exchanges using IFRS standards. With that in mind, what are some of the challenges facing the accounting profession, and how do you see them affecting you in the future
Visit the Institute of internal auditors website and focus on the frequently asked questions section. Explain How internal and external auditors differ and how they relate. In addition, what is Enterprise Risk management(ERM) and what role in it d..
On August 1, 2009, the company is paid $3,840 cash in advance to provide monthly service for an apartment complex for one year. The company began providing the services in August. When the cash was received, the full amount was credited to the Ext..
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