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Fox's Fin Furs (FFF) estimates that its total cost of production is TC = 125 + 100Q + 25Q^2. Furs sell for $1,100 each. To maximize profits, how many furs should FFF sell?
Please provide step by step solution.
Mission Roofing performs roofing services for commercial clients. The company recently submitted a bid of $371,000 to the Shawnee School System, computed as follows:
Calculate profit of each center if company uses the direct allocation method. Calculate the profit of each center if the company allocates cost center 1 first and then cost center 2
Write down the difference between the budget and Comprehensive Annual Financial Report (CAFR)? Describe and provide examples.
Determine the contribution margin for this practice. Determine the accounting break even point in the terms of number of Enrollees. Determine the economic break even point in terms of number of Enrollees.
For August, Busters Consulting and Mediation Practice(BCMP) worked 900 hours for Quebec company and 2,100 hours for Ontario Corporation. BCMP bills clients at rate of $300 per hour
What drives consumption of costs? What are drivers and how do they help in the allocation process?
Recognize a product or service in your organization which could use ABC. You can as well use this technique for selling and administrative costs.
Triple Play Sports manufactures baseball gloves. Information related to a recent production period is as follows: What might have caused the amount of overhead applied to be different from the actual amount.
Why might managers find out a flexible budget analysis more informative than the strategic-budget analysis? Describe your rationale. How might a manager gain insight in the causes of the flexible-budget variance for direct materials?
Create a Consumer Price Index
Find out the current operatng profit for the company as whole? Supposing that all fixed cost are unavoidable, if company eliminated the unprofitable segments, what would be the new operating profit for the company as a whole be?
Your firm has a debt-equity ratio of .40. Your cost of equity is 12% and your after-tax cost of debt is 6%. What will your cost of equity be if the target capital structure becomes a 50/50 mix of debt and equity?
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