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Charlassier Corporation manufactures and sells laptop computers and uses standard costing. For the month of September there was no beginning inventory, there were 3,000 units produced and 2,500 units sold. The manufacturing variable cost per unit is $385 and the variable operating cost per unit was $312.50. The fixed manufacturing cost is $450,000 and the fixed operating cost is $75,000. The selling price per unit is $925.
Required: Prepare the income statement for Charlassier Corporation for September under variable costing.
The net income for the year is $30,000. What are the ending capital balances for each partner?
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Also one page on analyzing Statement of cash flow: Are cash flows from operations more or less then net income for the past two years? And one page on analyzing one significant item from the notes to the financial statements
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Figure out the subsequent Tax Implications for BB, Meaningful, American Red Cross, The Partnership and the Government. Income Tax and Gift Tax
Journalize the April transactions using a periodic system and At the beginning of the current season on April 1, the ledger of Four Oaks Pro Shop showed Cash $2,500; Merchandise Inventory $3,500; and Common Stock $6,000.
Proco had an account payable of $6,600 due to Shirmoo, Inc., one of its suppliers. The amount was due to be paid on January 31. Proco did not have enough cash on hand then to pay the amount due, so Proco's treasurer called Shirmoo's treasurer and agr..
Evaluate the CVP income statement
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