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Ortiz Co. produces 5,000 units of part A12E. The following costs were incurred for that level of production: Direct materials $45,000 Direct labor 160,000 Variable overhead 75,000 Fixed overhead 175,000 If Ortiz buys the part from an outside supplier, $40,000 of the fixed overhead is avoidable. If the outside supplier offers a unit price of $65, net income will increase (decrease) by?"
1. indicate the best answer for each question in the space provided.1 examples of value-added activities include all of
biando corporation began operations on may 1 2010 and completed the following transactions during its first month of
Compute estimated cash collections during october from credit sales. compute the estimated total cash collections during the fourth quarter from sales made on account during the fourth quarter
Prepare a cash distribution plan as of September 30, 2009, showing how much cash each partner will receive if the offer to sell the assets is accepted.
troto company has total fixed costs of 6000000 and total variable cost of 3000000 at a volume level of 300000 units.
what is the accounting equation? suppose your company sold 12000 in merchandise to a customer for cash. how does this
a firm raises captial by selling 20000 worth of debt with flotation costs equal to 2 of its par value. if the debt
the accounts and their amounts for belgrave co. at december 31 2012 are listed below. 1prepare the income statement
masse corporation uses part g18 in one of its products. the companys accounting department reports the following costs
a corporation uses the equity method to account for its 40 ownership of another company. the investee earned 20000 and
Mark Hancock is a self employed attorney who operates his law practice as an unincorporated sole proprietorship. In 2010, the IRS disallowed several business deductions he took in 2007 and 2008. In addition to paying the deficiency and assessed pe..
recording transactions affecting the enterprise fund and business-type activitiesthe city water utility is owned and
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