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Stratford Company distributes a lightweight lawn chair that sells for $80 per unit. Variable expenses are $40.00 per unit, and fixed expenses total $200,000 annually. Refer to the original data. Assume that the company sold 36,000 units last year. The sales manager is convinced that a 10% reduction in the selling price, combined with a $69,000 increase in advertising expenditures, would increase annual unit sales by 50%. a.Prepare two contribution format income statements, one showing the results of last year's operations and one showing what the results of operations would be if these changes were made. (Input all amounts as positive values except losses which should be indicated by minus sign. Do not round intermediate calculations. Round proposed units to the nearest whole number. Round your "Per unit" answers to 2 decimal places.)
the following data relate to direct materials costs for november actual costs 4700 pounds at 5.40 standard costs 4500
each year sunshine motos surveys 7500 former and prospective customers regarding satisfaction and brand awareness. for
1. which of the following is not a transaction to be recorded in the accounting records of an entity? a. investment of
that Aqua Corporation is immediately liquidated. In general, what are the tax consequences to Egret and to Aqua of the section 338 election and the liquidation of Aqua?
Compute the depreciation expense for 2011 and 2012 uder straight-line,units of activity,double-declining balance method.
Tree Frog Company is organized as a LLC and pays no income taxes. The company has fixed interest expense of $5,750, Sales of $253,000 and variable expenses of $189,750. What is the company's times interest earned ratio?
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calcium cardboard supply agreed to accept a four-month 10 interest rate 12000 note from knox inc. on april 1 2008. how
the 2007 and 2008 balance sheets for alan jack and sons showed net accounts receivable of 10000 and 14000 respectively
talboe company makes wheels which it uses in the production of childrens wagons. talboes costs to produce 230000 wheels
Which of the following statements is true when referring to fixed costs? a) Committed fixed costs arise from the annual decisions by management. b) As volume increases, unit fixed cost and total fixed cost will change.
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