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Assume that a farmer has 2.8 ha shared as follows:
Enterprise Gross margin
Cabbage in 0.4 Ha 8,000
Potatoes in 0.4 Ha 7,000
Cattle 2 Ha 50,000
Total 2.8 Ha 65,000
2.8 Ha fixed cost 7,000
Question 1: Which enterprise should the farm/farmer expand and why? What is the profit of the farm? Clearly show all analyses and interpretations.
Collateral security pass journal entries
Prepare a contribution margin income statement for the month. What is the contribution margin ratio? What volume, in terms of units, must the company sell to break even?
What will be the operating profit for 8,000 students? What would be the operating profit if the tuition per student (that is, sales price) decreased by 10 percent? Increased by 20 percent?
Calculate the profit for the year if a full cost price is charged. Calculate the profit-maximising price. Assume in both (a) and (b) that 50,000 units of timm are produced regardless of sales volume.
Which is false regarding variances? Favorable variances occur whenever actual prices or actual usage of inputs are lower than standard prices or standard usage.
zubick corporation produces and supplies 2 types of component parts to industrial equipment manufacturers. these parts
Cost-Volume-Profit Analysis Process Costing Job costing Budgeting Activity-Based Costing Strategic Pricing Benchmarking
budgeting is an important internal activity. preparing budgets involves forecasting sales and estimating costs. for
Calculate the total dollar amount of Supervisions cost that would have been allocated to the Shapez product line, if activity-based costing had been used in the last quarter.
Determine the net present value of the investment if the required rate of return is 10 percent. (Ignore taxes.)
Prepare a single-step pro forma income statement for Calcor Company for the year ended November 30, 2010, assuming that Calcor's planned actions would be carried out and that the 5% increase in unit sales would be realized.
You also learn that the overhead during the month of November was overapplied by $1,200. Compute the cost of the work-in-process inventory lost in the disaster.
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