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Question - Spice restaurant has 100 seats
Average check = $ 45; Average Variable Cost = $15 per meal; Annual Fixed Cost = $750,000
What is the number of meals that need to be sold to breakeven in a year?
What are the sales needed to breakeven? (Use the method of using # of meals with its selling price)
Opening Inventory (OI) $75,000
Purchases (P) $35,000
Ending Inventory (EI) $15,000
What is the Cost of Goods?
What is the Average Inventory?
What is Inventory Turnover?
shamrock company had net income of 34000. on january 1 there were 8400 shares of common stock outstanding. on april 1
To answer the question, you first calculate the dollar value of each point of utility. You determine that the each utility point is worth $ .
selling hotdogs. during a typical month the stand reports a profit of 9000 with sales of 50000 fixed costs of 21000 and
Problem - Allocation to accomplish smoothing, Calculate a predetermined overhead rate based on direct labor hours
What amount are basic earnings per share for the year ended December 31, year 2? Report answers to two decimal places.
clopack company manufactures one product that goes through one processing department called mixing. all raw materials
on july 1 2014 bamazon corporation issued 1000000 of 6 debentures to yield 7. the entire bond issue was purchased by
A 30-year bond with a face value of $1,000 has a coupon rate of 6.50%, with semiannual payments. What is the coupon payment for this bond
What is the rate of return on average investment, assuming that X uses straight-line depreciation and that net income is earned uniformly throughout each year
D. Jackson, CPA, audited Washington Company's financial statements for the year ended December 31, 2007. On November 1, 2008, Washington notified Jackson that it was changing auditors and that Jackson's services were being terminated.
Extravaganza Costumes estimates its inventory by the gross profit method. Prepare the March income statement through gross profit for Extravaganza Costumes
Determine whether the company will realize any gain or loss from the sale. How would the sale be reported in the statement of cash flow?
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