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A TV company produces wall mounts for flat screen tv's. The forecasted income statement for 2009 follows:
More info: a. of the production costs and selling expenses, $800,000 and $100,000 respectively are fixed. b. The tv company received a special order from a hospital company offering to buy 13,000 wall mounts for $30. If they accept the order, there will be no additional selling expenses and there is currently sufficient excess capacity to fill the order. The company's sales manager wants to reject the order because "they're not in the business to of paying $32 to make a product then sell it for $30. Calculate the net benefit of accepting the special order.
on september 30 2011 ace electronics issued 100000 of 10-year 8 bonds at 100. the bonds pay interest semiannually on
V decides to accept an out-of-court settlement of $150,000. The newspaper and its insurer are willing to allocate the $150,000 in any manner that V requests. How should V have the amount allocated?
minden company manufactures a high-quality wooden birdhouse that sells for 20 per unit. variable costs are 6 per unit
california co. issued 200 bonds at a stated rate of 6 interest with a principal amount of 1000. the bonds are dated
mike and michelle decided to liquidate their jointly owned corporation pennsylvania corporation. after liquidating its
Give an example of a situation where transfer pricing might be used and discuss what method a company might choose to calculate it. In your answer, define what a transfer price is, how it can be calculated, and why a company might use it.
scenario - john haddock owns 75 percent of haddock corporation. the other 25 percent of the stock is held by johns wife
the following standards for variable overhead have been established for a company that makes only one productstandard
What are the costs and benefits to Apple from disclosing this information? What issues does this change raise for the auditor? What additional tests would you want to conduct as Apple's auditor?
1.what are the functional currencies of fords subsidiaries?2.how much and where did ford report the gain or loss on
last year charles and kathy price bought a home with a dwelling replacement value of 200000 and insured it via an ho-3
during febuary the production department of a process manufacturing system completed a number of units of a porduct and
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