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Dreamland Company produces pillows. Each pillow has a variable cost of $8 and fixed costs are $78,000 per month. Each pillow sells for $17.If the company produces and sells 65,000 pillows in February, net income for the month will be:
A $585,000.
B $507,000.
C $442,000.
D $663,000.
Why is money laundering considered a serious criminal activity if it only involves the transfer of money from one location to another? Are financial institutions the only organizations used to detect and combat money laundering activities? Name ano..
Compute the break-even point in units and dollars and margin of safety in dollars Assuming no changes to selling price or costs
How many ounces of plastic resin should Mate plan on purchasing during the month of October?
start that business, what amount of gain each person is required to identify under business if formed as C, S , and LLC corporation?
Prepare the journal entry for the payment of interest and the amortization of discount on December 31, 2012 (the third year), and determine the balance sheet presentation of the bonds on that date.
Residual income should not be used to evaluate a profit center. Net operating income is income after interest and taxes. Process time the only non-value-added component of Throughput Time.
Company XWZ raised $250 million in new debt and used this to buy back stock. After the recapitalization, Company XWZ’s stock price is $7.25. If XWZ Corp. had 70 million shares of stock before the recapitalization, how many shares does it have after t..
The total factory overhead for Rowland Company is budgeted for the year at $652,000 and divided into two departments: Fabrication $460,000 and Assembly $192,000. Rowland manufactures two products: treadmills and weight machines. Determine the factory..
Compute The net present value (NPV) of the new machine and The effects on the cash flow each year, including year 0, if the new machine is purchased.
Evaluate your company performance in relation to GRI standards and comment on Stigler's theory and discuss the standards that are inherent in Global Reporting Initiative.
Prepare a journal entry for USA Dog Coats to reflect the given accounting events. Prepare a journal entry for the adjusting journal entries required for 31 st December, 20x8.
Determine the ratio of cash to monthly expenses as of December 31, 2004, 2003, and 2002. Round to one decimal place. Based upon (1) and (2), comment on OccuLogix's ratio of cash to monthly operating expenses for 2004, 2003, and 2002.
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