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The McKnight Company manufactures and sells pens.? Currently, 5,000,000 units are sold per year at $0.50 per unit. Fixed costs are $1,140,000 per year. Variable costs are $0.20 per unit. Consider each case? separately: 1. a. What is the current annual operating? income? b. What is the present breakeven point in? revenues? Compute the new operating income or loss for each of the following? changes: 2. A $0.08 per unit increase in variable costs 3.A 20?% increase in fixed costs and a 20?% increase in units sold 4.A 40?% decrease in fixed? costs, a 40?% decrease in selling? price, a 10% decrease in variable cost per? unit, and a 35?% increase in units sold Compute the new breakeven point in units for each of the following? changes: 5. A 20?% increase in fixed costs 6. A 20?% increase in selling price and a $10,000 increase in fixed costs
Of the potential strategies available to Regal Marine, have they chosen differentiation, cost leadership, or quick response? Do you think that is a good choice for a boat manufacturer? Why or why not?
Determine the company's return on investment (ROI) and residual income (RI).
The manufacturing overhead budget at Cutchin Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 2,900 direct labor-hours will be required in September. The variable overhead rate is $5.60 per direct labor-hour..
Rhianna and Jay are married filing jointly in 2011. They have six children for whom they may claim the child tax credit. Their AGI was $123,440. What amount of child tax credit may they claim on their 2011 tax return?
So assume we own 10% of another company. That company has net income of 80,000 ans makes dividend distributions of 50,000. What is our journal entry(ies)?
Currently directors, not shareholders, have the right to manage corporate business. What might happen if shareholders won part of that role? What are your thoughts on the wisdom of letting shareholders have decision-making power in a corporation?
In the Income Tax Regulations, where would you find all the CCA classes and their rates? In what class would you find small tools and utensils (
Discuss the above quotation. Explain and evaluate the arguments for and against regulation. What is your opinion of the current level of accounting regulation?
You want to have $75,000 in your savings account 12 years form now, and you've prepared to make equal annual deposits into the account at the end of each year. If the account pays 6.8 percent interest, what amount must you deposit each year? What is ..
Rey Company's single product sells at a price of $216 per unit. Data for its single product for its first year of operations follow. Prepare an income statement for the year assuming (a) absorption costing and (variable costing)
Prepare a performance report for Tang Company for the year. What does the report indicate about the production manager’s control of costs?
Green Company produces 1,000 parts per year, which are used in the assembly of one of its products. The annual impact on the company's net operating income as a result of buying the part from the outside supplier would be:
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