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Case: You overheard two students' conversation about pricing after a class:
Student 1 - We can drop prices in the short run to cover differential variable and fixed costs. But in the long run, prices must cover all variable and fixed costs.
Student 2 - How is that possible? Shouldn't we always cover all our costs, short-term and long-term?
Required:
an appropriate response to clarify the pricing concept the students are discussing.
The management of ABC Company is considering of purchase a new equipment to replace an old one. Determine the net present value of the new equipment
In addition, the company has fixed selling and administrative costs of $170,800 per year. What is the value of ending inventory using full costing
Stock Y has a 14% expected return, a beta coefficient of 1.3 and a 20% standard deviation. Calculate the coefficient of variation of each stock
1.Satu Company, a merchandiser, recently completed its 2013 operations. For the year, (1) all sales are credit sales,
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Ending work in process inventory, $270000; and ending finished goods inventory, $314000. Ivanhoe Company's cost of goods sold for the year is
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What factors indicate to a company that a more sophisticated system for assigning overhead, such as activity-based costing, should be implemented?
Find perpetual FIFO cost of goods sold and cost of ending inventory. Find perpetual LIFO cost of goods sold and cost of ending inventory.
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