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Seat Covers Produced & Sold 1,500 units 1,700 units 2,100 units Total Costs: Variable Costs 15,750 Fixed Costs per year TOTAL Costs Per Unit Variable Costs per unit Fixed Costs per unit Total Cost per unit 31.00 2) & 3) Seat Covers Produced & Sold 1,500 units 1,700 units 2,100 units Total Revenue/Sales Less Total Variable Costs Contribution Margin Less Fixed Costs Profit Contribution Margin Ratio
1.)complete the table
2.) Identify three costs that would be classified as fixed and three as variable costs for this company.
3.) Suppose Paddle Away sells its canoes for $500 each. Calculate the contribution margin per conoe and the contribution margin ratio.
4.) Next year Paddle Away expect to sell 800 canoes. Prepare a contributions margin income statement for the company.
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During the current period, Department A finished and transferred 50,000 units to Department B. Of the 50,000 units, 20,000 were 1/5 complete at the beginning of the period and 30,000 were started and completed during the period.
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Browne and Red, both C corporations, formed the BR Partnership on January 1, 2009. Neither Browne nor Red is a personal service corporation, and BR is not a tax shelter. BR's gross receipts were $4.6 million, $5 million, $6 million, and $7 million..
At Dec 31, Year 1, Grey, Inc. owned 90% of Winn Corp, a consolidated subsidiary, and 20% of Carr Corp., an investee in which Grey cannot exercise significant influence on the same date
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