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Question - IKS has a production capacity of 5,000 hours that can be used to produce either A or B products. The following data is available:
Product A
Product B
Unit selling price
27$
30$
Unit raw material
9$
7$
Direct labor (variable) per unit
5$
Indirect manufacturing costs variable per unit
3$
6.50$
Fixed indirect manufacturing costs per unit
Production time
2 heures
0.5 heures
Required - If the firm chooses to manufacture only A, what is the total contribution margin for product A given the constraint (5,000 hours)?
Zee Corp. reports beginning inventory of $190 and ending inventory of $150. Purchase during the year total $500. Calculate Zee gross profit percentage
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a company has 1000 shares of 8 50 par value cumulative preferred stock and 50000 shares of 1 par value common stock
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Prepaid expenses of 17, 500 and accrued expenses of 5,000 are to be recognized. Compute the amount of cash to be invested by Mendez
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