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1) The Dean Company has sales of $500,000 and the break-even point in sales dollars of $300,000. Determine the company's margin of safety.
a) 45%
b) 43%
c) 40%
d) 55%
2) The Tom Company reports the following data. Determine Tom Company's operating leverage.
Sales $600,000
Variable costs $400,000
Fixed Costs $100,000
a) 2.0
b) 3.5
c) 4.2
d) 5.0
3)The manufacturing cost of Mocha Industries for three months of the year are provided below. Using the high-low method, determine a) variable cost per unit, b) the total fixed costs.
Total Cost Production
April $63,100 1,200 units
May 80,920 1,800
June 100,300 2,400
a) 44 and 52,000
b) 31 and 25,900
c) 20 and 30,000
d) 13 and 22,000
over the past few years microsoft founder bill gates net worth has fluctuated between 20 billion and 130 billion. in
Suppose that Snap Fitness estimates that each location incurs $4,000 per month in fixed operating expenses plus $2,000 to lease equipment.
Publicly traded companies are required to report earnings per share data on the face of the income statement. compare and contrast basic earnings per share with diluted earnings per share for each of the following:
In general, which of the following statements is correct with respect to unemployment compensation?
returns and standard deviations lo 1 2consider the following informationrate of return if state occursstate
you are the systems analyst for the wee willie williams widget works company. you have decided to review the order
The payroll costs for the year were $100,000, and the accounting costs for the year totaled $50,000. The departments and the average cost of store equipment and average cost of inventory for each are as follows:
During bankruptcy, US Corporation debt was reduced from $780,000 to $400,000. USA Corporation's assets are valued at $500,000. USA's NOL carryover was $400,000.
Post the appropriate entries to T accounts for Work in Process and Finished Goods, using the identifying letters as dates. Insert memo account balances as of the end of the month.
Astro Company is a manufacturer and Luyten Company is a merchandiser. What is the difference in the budgets the two entities will prepare?
1. applied overhead of a company exceeds actual overhead when thea.overhead account has a credit balanceb. journal
In an exchange qualifying for Sec. 351 tax-free treatment, Greta receives 100 shares of White Corporation stock plus a right to receive another 25 shares.
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