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Rapid Auto has over 200 auto-maintenance service outlets nationwide. It provides primarily two lines of service: oil changes and brake repair. Oil change-related services represent 65% of its sales and provide a contribution margin ratio of 20%. Brake repair represents 35% of its sales and provides a 60% contribution margin ratio. The company's fixed costs are $16,000,000 (that is, $80,000 per service outlet). Calculate the dollar amount of each type of service that the company must provide in order to break even. (Round computations for weighted-average contribution margin to 2 decimal places, e.g. 10.50, and final answers to 0 decimal places, e.g. 125.) Oil changes $ Break repairs $ The company has a desired net income of $60,000 per service outlet. What is the dollar amount of each type of service that must be provided by each service outlet to meet its target net income per outlet? (Round answers to 0 decimal places, e.g. 125.) Oil changes $ Break repairs $
A company bought a new machine for $27,000 on January 1. The Machine is expected to last 10 years and have a residual value of $4,000. If the company uses the double-declining balance method, accumulated depreciation at the end of year 2 will be:
ollie mace has recently been appointed controller of s. dilley amp company a family-owned manufacturing firm founded 28
The present value of an annuity due of 1 for six years at 8% is 4.99271. Metcalf should record the leased asset at ??
Calculate the income recognized by Parcell under the percentage-of-completion method of accounting in each of the years 2007, 2008, and 2009.
The entry to record the requisition of supplies from the storeroom would include which of the following?
research a specific franchise opportunity or 2 research a general article or two on franchising.for option 1 post your
please help me figure out the problems below1. on december 2 2013 leggs purchased land and building for 380000 the land
Based on your analysis of the scenario and the meeting design practices covered in this module, address the following. What measures will you take to ensure that you achieve the purpose of the meeting. List and briefly explain the rationale for usin..
during 2010 nielsen company started a construction job with a contract price of 1886400. the job was completed in 2012.
Purchased merchandise from Johns Company under the following terms: $3,300 price, invoice dated April 2, credit terms of 2/15, n/60, and FOB shipping point.
Determine the amount of total assets that Davidson would report on the December 31, 2013, balance sheet.
country cap company ccc manufactures and sells ball caps with a special logo on the back of the cap that it has
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