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Question - The following April transactions were extracted from the accounting records of Tidal Corporation:
Borrowed $150,000 from a bank.
Collected $30,000 from a sale made in March.
Sold $35,000 in cash and $65,000 on credit.
Required - What is Tidal's revenues for the month of April?
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Direct labor rate variance for the company is $150 unfavorable, but the direct labor efficiency variance is $60 favorable. What might cause combo of variances
Solve K and J Bakery Inc's breakeven point in both units and sales dollars. Also, calculate the sales needed in order to achieve a monthly profit of $1,000.
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