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Utech Company bottles and distributes Livit, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2012, management estimates the following revenues and costs. Net sales $1,800,000 Selling expenses-variable $70,000 Direct materials 430,000 Selling expenses-fixed 65,000 Direct labor 352,000 Administrative expenses-variable 20,000 Manufacturing overhead-variable 316,000 Administrative expenses-fixed 60,000 Manufacturing overhead-fixed 283,000 Determine the sales dollars required to earn net income of $238,000.
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For Garland Company, sales is $1,000,000, fixed expenses are $300,000, and the contribution margin ratio is 36%. What are the total variable expenses?
Prepare Journal Entries for the government based on the production of fund-based financial statements. Than prepare JE entries in anticipation of preparing governement-wide financial statements. Before each JE state which fund the JE is recorded i..
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At the beginning of 2011, Red decided to change the depreciation to the double-declining balance method. The residual value remains at $4 million. Ignoring income taxes, what will be Red's depreciation expense for 2011?
mark bahr amprobert engler decide to form a partnership.bahar invests 25000 cash and accounts receivable of 30000 less
discuss the following with your learning teammiddot the steps in testing a research hypothesismiddot
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