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1- Consider the following data: fixed costs = $10 million, variable cost per inpatient day = $400, and revenue per inpatient day = $1,200. What is the contribution margin?
2- Assume the following cost and revenue data for General Hospital: fixed costs = $15 million, variable cost per inpatient day = $250 and revenue per inpatient day = $1,000. What is the expected profit at a volume of 25,000 inpatient days?
The company allocates any under applied or over applied overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts.
on january 2 2007 picard enterprises issued 2400000 of 8 percent 15 year semi-annual coupon bonds to yield 7.5
Evaluate operating income for RIM and TIP, discretely, and the net operating income for both.
Suppose that if the thermostats were purchased, Climate-Control, Inc., could use the freed capacity to launch a new product. The segment margin of the new product would be $65,000 per year. Should Climate-Control, Inc., accept the offer to buy the..
1) Materials purchased through January 2) Cost of Goods Sold through January 3) Overhead applied through January 4) Underapplied and Overapplied overhead for January (you have to tell me both the amount and whether it is over or under for ..
Actual activity turns out to be the same as expected activity, the total amount of overhead cost allocated to Product X would
Prepare an incremental analysis for the 4 years showing whether Shellhammer should keep the existing machine or buy the new machine - calculate the annual rate of return for the new machine
Blapper., purchased 10% of Nicks Enterprises for $1,000,000 on January 1, 2013. Nicks recognized a total of $440,000 net income during 2013, paid $40,000 of dividends to Blapperduring 2013, and at December 31, 2013, the market value of the Nicks inve..
Compute the annual breakeven number of meals and sales revenuefor the restaurant. Also compute the number of meals and the amountof sales revenue needed to earn operating income of $75,600 for theyear. How many meals must the Homs serve each night..
The project would generate before tax annual cash inflows of $28,500. The tax rate is 35% and the company’s discount rate is 14%. What is internal rate of return?
determined that the economic benefits of the patent would not last longer than 6 years from the date of acquisition. Illustrate what amount should be reported in the balance sheet for the patent, net of accumulated amortization, at December 31, 2..
Prepare the consolidated financial statements for Peony at December 31, 20X6 using the direct method. Show all your work.
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