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Calabria Healthcare supplies prescription drugs to pharmacies. As the management accountant, you are required to analyze the financial statements for this quarter. You already have analyzed the company's two divisions, Name Brand and Generic, and your supervisor wants an analysis of the comparable profitability of the SBUs. The contribution margins are $500,000 and $200,000, respec- tively; the controllable fixed costs are $200,000 and $50,000; and the noncontrollable fixed costs are $50,000 and $100,000. What are the total contributions by profit center (CPC) for these divisions and operating income for the company? Assume there are no untraceable fixed costs.
Using the FIFO costing method, prepare a process cost report for the Mixing Department for January and explain how the analysis for the Cooking Department will differ from the analysis for the Mixing Department.
You are a member of a large accounting firm which provides various business consultancy services including financial statement analysis. Prepare a report commenting on the financial health of JB Hi-Fi in the past two (2) years.
preparation of income statement using absorption and marginal costing.absorption and variable costing joan tyler
What impact would accepting this special order have on operating profitt and should Maria accept the order?
Prepare a schedule showing the distribution of net income, assuming net income is (1) $50,000 and (2) $36,000 and journalize the allocation of net income in each of the situations
Nolan Mills uses a standard cost system. During May, Nolan manufactured 15,000 pillowcases, using 27,900 yards of fabric costing $3.05 per yard and incurring direct labor costs of $23,030 for 3,290 hours of direct labor. Compute both the price varian..
Kolby’s Korndogs is looking at a new sausage system with an installed cost of $765,000. This cost will be depreciated straight-line to zero over the project’s six-year life, at the end of which the sausage system can be scrapped for $100,000.
Utilization of constrained resources. Calculation of amount of contribution - Evaluate the amount of Contribution margin that will be obtained per hour of labor time spent on each product.
What role does the Internal revenue service paly in interpreting and providing guidance on, the tax law? What types of tax guidance are published by the IRS
What guidance would you give a new project manager on selecting the most appropriate methodology, tools, and techniques for a project?
The Manufacturing Overhead account shows debits of $30,000, $24,000, and $28,000 and one credit for $86,000. Based on this information, manufacturing overhead not been applied. Shows a zero balance. Has been under applied. Has been over applied.
Jaye's Company paid $600 cash to replace a part on equipment sold under warranty. To recognize this payment, which of the following are correct?
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