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Question - Sanchez & Ryan, Inc, sells a single product. This year, 20,000 units were sold resulting in $130,000 of sales revenue, $60,000 of variable costs, and $17,500 of fixed costs.
a) What is the contribution margin per unit?
b) What is the breakeven point in units for a year?
Calculate ending inventory and cost of goods sold assuming the average cost method and a periodic inventory system.
NPV Project K costs $52,125, its expected net cash inflows are $12,000 per year for 8 years, and its WACC is 12 percent. What is the project's NPV?
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Read the email the junior accountant sent you and identify the best next step to take in the accounting cycle. Please explain your reasoning.
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Customer amounts on account are collected 40% in the month of sale and 60% in the following month. Compute the amount of cash Jent will receive during November
mg lighting had sales of 2000 units at 85 per unit last year. the marketing manager projects a 12 percent decrease in
Direct materials and direct labor are variable costs. Manufacturing overhead costs can be a combination of variable and fixed
arizona corporation has a sales budget for next month of 200000. cost of goods sold is expected to be 100000. all goods
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Machinery purchased for $72,280 by Carver Co. in 2008 was originally estimated to have a life of 8 years with a salvage value of $5,560 at the end of that time. Depreciation has been entered for 5 years on this basis.
The magazine sells 60,000 subscriptions in January at $15 each. What entry is made in January to record the sale of the subscriptions
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