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On the basis of the following data, the general manager of Glide Shoes Inc. decided to discontinue Children's Shoes because it reduced income from operations by $25,000.What is the flaw in this decision if it is assumed fixed costs would not be materially affected by the discontinuance?
star services inc. a manufacturer of telescopes began operations on october 1 of the current year. during this time the
the following data pertain to activity and costs for two recent monthsoctobernovemberactivity level in
the following data relate to direct materials costs for november actual costs 4700 pounds at 5.40 standard costs 4500
federal semiconductors issued 10 bonds dated january 1 with a face amount of 870 million on january 1 2013. the bonds
The company's annual fixed costs are $1,125,000. (1) Use this info to compute the company's (a) contribution margin, (b)contribution margin ratio, (c)break-even point in units, and (d) break even point in dollars of sales. (2) Draw a CVP chart for..
Company has assets of $1,800,000, liabilities of $1,100,000 and stockholder's equity of $700,000. (a) prepare the journal entry to record the lease, and (b) compute the and comment on the debt to total assets ratio at the year-end.
Know the six steps of accounting analysis. Understand some of the key issues which are considered important for analysing firms in the biotechnology industry.
microsoft corporation reports its investments available-for-sale at the fair value of the investment securities. the
If all of the methods produce similar results, then decision makers can have more confidence in the estimated cost of equity. Why do you think this is a correct statement?
the four key behavioral considerations in management accounting and control system design include all of the following
At that time, it was estimated that the dining room set could be sold for $2,400 as repossessed, or for $3,000 if the company spent $300 reconditioning it. The gross profit rate on this sale was 70%. The gain or loss on repossession was a
Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours
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