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Wellcom Corporation has the following sales mix in units for its three products: A, 20%; B, 35%; and C, 45%. Fixed costs total $400,000 and the weighted-average contribution margin is $100. How many units of product A must be sold to break-even?
salem corporation is considering implementing a 401k program for its employees. the program plan will include the
on 1 july 2009 chifley ltd acquired 2 assets within the same class of plant amp equipment. information on these assets
The firm sold securities on two occasions during the year, receiving a gain of $40,000 on the first sale but losing $50,000 on the second. The stock sold first has been owned for 4 years; the stock sold second had been purchased 3 months before th..
present value what is the present value of a. 8000 in 10 years at 6 percent? b. 16000 in 5 years at 12 percent? c.
Prepare the journal entries to record the interest payment on December 31, 2010.
comapny a uses lifo inventory cost flow assumption. it expects not to have enough inventory at year end therefore it
ABC Corporation has assets of $1.35 million, common stock of $351,000, and retained earnings of $214,000. What are the creditors' claims on their assets?
Discuss the basic accounting problem that arises in handling each of the situations - Assets purchased by issuance of capital stock.
welch issues bonds dated january 1 2011 with a par value of 250000. the bonds annual contract rate is 9 and interest is
top executive officers of zottoli company a merchandising firm are preparing the next years budget. the controller has
you are saving for a porsche carrera cabriolet which currently sells for nearly half a million dollars. your plan is to
the manufacturing overhead budget at cutchin corporation is based on budgeted direct labor-hours. the direct labor
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