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Flip had sales of $10,000 (100 units at $100 per). Manufacturing costs consisted of direct labor $1,500, direct materials $1,400, variable factory overhead $1,000, and fixed factory overhead $500. The company did not maintain any inventories, so total cost of goods sold was $4,400. Selling expenses totaled $1,600 ($600 variable and $1,000 fixed), and administrative expenses totaled $1,500 ($500 variable and $1,000 fixed). Operating income was $2,500. Round all final answers to nearest dollar or whole number. Acct221 Page 2 of 8 Requirements: a. What is the breakeven point in sales dollars and in units if the fixed factory overhead increased by $1,700? b. What is the breakeven point in sales dollars and in units if costs remain as originally projected? c. What would be the operating income be if sales units increased by 25%
hnak itzek manufactures and sells homemade wine and he wants to develop a standard cost per gallon. the following are
Assuming the maximum period allowable is used for patent amortization, what is Moose's patent amortization expense for 2015?
Installment loans are used for longer-term loans. These require monthly payments throughout the duration of the loan. Loan repayments are made by an accounts payable clerk from one of its checking accunts. Create Big R's financing business process..
gain sharingsakura snack company manufacturers a line of snack foods such as cheese crackers granola bars and cookies.
In August, Gold Company sold 770 units of their only product. For the month, fixed costs were $10,400, variable costs were 57% of sales, and the average sales price was $62.
total current assets are worth 237513 at book value and 191299 at market value. in addition plant and equipment has a
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What is a cybernetic control systems? describe the elements of cybernetic control systems.How do they relate to results/output controls?
evaluate corporate managements comfort level with stable earnings trends and identify what you believe is the most
nbspmr. jones states that such benefits meet the definition of an asset. woulda you agree to allow a new client for
ringstaff corporation produces and sells a single product. data concerning that product appear below per unit percent
1. the federal income tax applicable to corporationsa. allows a deduction for the standard deduction.b. requires the
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