Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Lancer Audio produces a high-end DVD player that sells for $1,300. Total operating expenses for the past 12 months are as follows -------------------------------------Units Produced ------ Sold Cost August ------------------------------------130------------- $116,990 September ------------------------------150 ---------------130,650 October---------------------------------- 155 ---------------133,790 November -------------------------------165 --------------- 140,345 December------------------------------- 170 ----------------143,910 January --------------------------------- 145 --------------- 127,670 February -------------------------------- 150 ----------------- 129,865 March -------------------------------------140----------------- 122,720 April ---------------------------------------135---------------- 120,255 May ---------------------------------------140 ----------------- 123,520 June -------------------------------------- 150 ----------------- 130,950 July ----------------------------------------145 ---------------- 127,385 Required a.Use the high-low method to estimate fixed and variable costs. b.Based on these estimates, calculate the break-even level of sales in units. (Round to the nearest whole unit.) c.Calculate the margin of safety for the coming August assuming estimated sales of 165 units. d.Estimate total profit assuming production and sales of 165 units. e.Comment on the limitations of the high-low method in estimating costs for Lancer Audio.
identify the management assertions related to each of the fictitious supplier credits and unrecorded amounts in
hadicke company purchased a delivery truck for 45000 on january 1 2012. the truck was assigned an estimated useful life
santa fe company purchased merchandise for resale from mesa company with an invoice price of 19700 and credit terms of
you have been asked to help your classmate who was just offered a professional soccer contract with selecting her
Uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. The company estimated that it would incur $510,000 in manufacturing overhead during the year and that it would work 100,000 machine-hours.
What measures should Tucson consider if it expects its current excess foreign tax credit position to persist in the long-run?
in 2012 y companys revenue was 205200 its total variable costs were 76950 and its fixed costs were 89400. assume that
The following transactions involve intangible assets of Penner Co occurring on or near Dec 31, 2004. Write journal entries needed at the date to record the transaction and at December 31, 2005 to record any resultant amortization. Write NA if no e..
Mancini manufactures embroideered jackets. The company prepares flexible budgets and uses standard cost system to control manufacturing costs. The standard unit cost of a jacket is based on static budget volume of 14,000 jackets per month.
what is a current liability? what is a non-current liability? what is the difference between the two types of
in 2013 chirac enterprises issued at par 60 1000 8 bonds each convertible into 100 shares of common stock. chirac had
What gain or loss is recognized by the corporation when it issues its shares to John? What is the basis to the corporation of the property it received from John?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd