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Last month when Harrision Creations sold 40,000 units, total sales was $ 300,000 total variable expenses were $ 240,000 and fixed expenses were $ 45,000
Required:1) What is the company's contribution margin ratio?
2) Estimate the change in the company's net operating income if it wer to increase its total sales by $ 1,500.
What are the differences between a direct cost and an indirect cost? Which is the more difficult cost to track? Why? How do indirect costs affect the cost of a product? Should indirect costs be included in product cost? Why or why not?
Jacks Corporation purchases $200,000 bonds plus accrued interest for 2 months of $2,000 from Kennedy Company on March 1. The bonds have an annual interest rate of 6% payable on June 30 and December 31.
complete the table to compare the effects of dropping the ski line of products. enter all amounts as positive numbers
waveland corporations research and development department has an idea for a project it believes will culminate in a new
Chas Mulligan has been hired by Yardley Security as an assistant to the internal auditor. He has been asked to thoroughly document the exiting accounting information system in preparation for making recommendations for improvements.
Shah, Inc. produces a product that has a variable cost of $6.00 per unit. The company's fixed costs are $30,000. The product sells for $10.00 a unit and the company desires to earn a $20,000 operating profit. What is the volume of sales in units r..
What amount can USA Corporation deduct for premiums attributable to Ursula and how much must Ursula include in income relative to the premiums paid?
when a company applies the partial equity method in accounting for its investment in a subsidiary and initial value, book values, and fair values of net assets acquired are all equal, what consolidation worksheet entry would be made?
1. applied overhead of a company exceeds actual overhead when thea.overhead account has a credit balanceb. journal
walker company prepares monthly budgets. the current budget plans for a september ending inventory of 19000 units.
Why would a state or local government establish a capital projects fund? What type of project might be considered a capital project? Could operating functions ever be funded with capital projects funds?
drew and meg ages 40 and 41 respectively are married and file a joint return. in addiiton to four dependent children
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