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Icon Industries is considering a new product for its Trophy Division. The product, which would feature an alligator, is expected to have global market appeal and to become the mascot for many high school and university athletic teams. Expected variable unit costs are as follows: direct materials, $18.50; direct labor, $4.25; production supplies, $1.10; selling costs, $2.80; and other, $1.95. Annual fixed costs are depreciation, building, and equipment, $36,000; advertising, $45,000; and other, $11,400. Icon Industries plans to sell the product for $55.00.
1. what is capital structure? why should health care organizations care about it?2. what is equity
You're the CFO of the Kraknee Roller Skate Company, which sells roller skates worldwide and also builds and operates roller rinks. Some time ago Archie Speedo, the head of international marketing, proposed selling skates in Russia.
imagine you are creating a marketing plan for a company that will sell kites. as you consider the marketing program
George's grandmother promises to give him $1,000 at the end of each of the next five years. How much is the money worth today, assuming George could invest the money and earna 6% annual rate of return? (Round to the nearest dollar).
The Mejicano company is planning to purchase a piece of equipment that will reduce annual cash expenses over its 5-year useful life by equal amounts.
kody corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. at the
The following selected accounts and their current balances appear in the ledger of Case It Co. for the fiscal year ended November 30, 2010:
Barrett Corporation had 6,500 units of work in process on April 1. During April, 19,100 units were completed and as of April 30, 5,100 units remained in production. How many units were started during April?
arrow industries employs a standard cost system in which direct materials inventory is carried at standard cost. arrow
First City Bank Group agreed to settle Transit's debt in exchange for land having a fair value of $450,000.Transit purchased the land in 2009 for $325,000.
madison companys variable costs are 25 of sales. its selling price is 200 per unit. if weed sells one unit more than
the company pays 400000 for real estate plus closing costs of 10000. how do you prepare the journal entry to record the
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