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Ramirez Corporation sells two types of computer chips. The sales mix is 30% and 70% (Q-Chip Plus). Q-Chip has variable costs per unit of $36 and a selling price of $60. Q-Chip Plus has variable costs per unit of $42 and a selling price of $78. Ramirez's fixed costs are $540,000. How many units of Q-Chip would be sold at the break-even point?
Critically evaluate the existing compensation plan and recommend any changes.
Discuss the pros and cons related to research and development costs under IFRS and GAAP. With which approach do you agree? Why?
Residual value = Rs.25, 000 Sale price = Rs.40, 000 Rate ofdepreciation = 40% What will be book value of machine after fouryears using straight line method?
A company issues 5% stock dividends, 15,000 shares, $2.00 par value, initially stock was $12, but current trading value is $20, what are the journal entries?
You are the investigator assigned to Apollo Shoes. Based on the nature of the company and the evidence provided to you, you must determine which financial statement fraud schemes would likely be present in the company.
milton company purchased land and an office building on september 1 for a combined cash price of 2200000. the land had
The partnership agreement of Jones, King, and Lane provides for the annual allocation of thebusiness's profit or loss
At December 31, 2007 and 2008, Sloan Corp. had outstanding 2,000 shares of $100 par value 8% cumulative preferred stock and 10,000 shares of $10 par value common stock. At December 31, 2007, dividends in arrears on the preferred stock were $8,000...
X company bought many equipment and sub-lease them with some margin to its customers. Customers will own after the lease payments. Question: Can X company claim depreciation of these equipments given of sublease? X company claims deductions of lea..
many accounting writers have emphasized the effect that the allocation of fixed overhead can have on managerial
Edward operates an illegal drug-running business and has the following items of income and expense. What is Edward's adjusted gross income from this operation?
Discuss at least two specific examples of the expanding role of blogs in reporting and commenting on social, political, cultural, legal and sports issues.
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