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Peggy's Pillows produces and sells a decorative pillow for $75.00 per unit. In the first month of operation, 2,000 units were produced and 1,750 units were sold. Actual fixed costs are the same as the amount budgeted for the month. Other information for the month includes:
Ending inventories:Direct materials -0-WIP -0-Finished goods 250 units
What is cost of goods sold per unit using variable costing?a. $20b. $23c. $30d. $45
4. Peggy's Pillows produces and sells a decorative pillow for $75.00 per unit. In the first month of operation, 2,000 units were produced and 1,750 units were sold. Actual fixed costs are the same as the amount budgeted for the month. Other information for the month includes:
Finished goods 250 unitsWhat is cost of goods sold using variable costing?a. $35,000b. $40,000c. $47,250d. $54,000
Delmar Corporation is considering the use of residual income as a measure of the performance of its divisions. What major disadvantage of this method should the company consider before deciding to institute it?
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Management also expects improvements in the working capital accounts. The company's objective isto improve accounts receivable by eight days, and turn inventory around by 0.2turns faster. a) How much cashwill be generated from accounts receivable..
Write down the differences between traditional and derivative instruments. Why do companies use derivative instruments? Are derivatives a good investment?
last year fabre company produced 20000 units and sold 18000 units at a price of 12. costs for last year were as
The trust reports on a calendar tax year and distributes the $60,000 of 2007's net accounting income to Marty on January 20, 2008. No other distributions are made the current year. Marty's taxable income from the trust this year is:
dimotel hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess
Fritz is seriously considering bankruptcy because he has a large number of outstanding debts, the principal ones of which are as follows.
She plans to retire 30 years from today, when she turns 65, and she expects to live for 25 years after retirement, to age 90. Under these assumptions, how much can she spend each year after she retires? Her first withdrawal will be made at the end..
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What amount of the withdrawal, after tax considerations, will Brooklyn have available to purchase the car?
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