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Sunbucks coffee sells three large coffees for every two small ones. A small coffee sells for $3 per cup, with a variable cost of $1.50 per cup. A large coffee sells for $5 per cup with a variable cost of $3 per cup. What is the weighted average contribution margin? What is the breakeven sales dollars and units, if fixed costs were $8000?
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Examine Footnote 8 to Foot Locker's consolidated financial statements (Other Current Assets). Notice that included in this total is "net receivables." Ending net receivables for 2006 (beginning balance of 2007) were $59 million.
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Computation was a disallowed penalty of $25,000, life insurance proceeds of $100,000, and an income tax refund from 2009 of $50,000. Au Sable is an accrual basis taxpayer. The corporation's current earnings and profits for 2010 would be:
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Required the amounts for each of the Prime cost per unit and contribution margin per unit
"Black Kitty Company recorded certain revenues of $10,000 and $20,000 on its books in 2007 and 2008, respectively. However, these revenues were not subject to income taxation until 2009. Company records reveal pretax financial accounting income an..
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