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Justin Corp estimates that an investment of $800,000 would be needed to produce and sell 20,000 units of a new product each year. At this level of activity, the unit product cost would be $100. Selling, general and administrative expenses would be $500,000 per year. If a 25% return on investment is desired, then the markup for the new product under the absorption costing approach to cost-plus pricing would be?
petes pet products is a sole proprietorship owned by pete thompson. the store provides a full-line of pet products
assume that you have been appointed as the speaker of the house. you must deliver a speech about the current state of
How much should the company increase its Debt Investments account for these bonds and what amount should be reported as a charge against income in the income statement if the company is in the first year of operations?
Brick's incremental borrowing rate is 10%,however it knows that Gold Star's implicit interest rate is 8%.What journal entry would Gold Star make at January 2,2011 assuming this is direct-financing lease?
for the current year ending march 31 jwork company expects fixed costs of 725400 a unit variable cost of 64 and a unit
silken corp. reported net income of 420000 for 2014. changes occurred in several balance sheet accounts as
search the internet e.g. a companys website or sec.gov and find an audit report for a companys audit of internal
birds eye view manufactures satellite dishes used in residential and commercial installations for satellite-broadcasted
arrow industries employs a standard cost system in which direct materials inventory is carried at standard cost. arrow
stine company uses a job order cost system. on may 1 the company has a balance in work in process inventory of 3980 and
December 31. The excess fair value of the investment over the underlying book value of the acquired net assets is allocated to inventory (60%) and to goodwill (40 %). On a consolidated balance sheet as of January 2, what would be the amount for ea..
Net Income for Levin-Tom partnership for 2012 was 125000. Levin and Tom have agreed to distribute partership net income according to the following plan.
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