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Trin Company needs to reduce the selling price of its product in order to be competitive. Currently, Trin has fixed costs of $346,400 and variable costs per unit of $2.50. If Trin can sell 80,000 units, what price should it charge in order to break-even?
Prepare a value analysis and an evaluation and distribution of excess schedule for the investment in Salmon.
You can purchase the equipment through the dealer's finance company over time and it will cost an additional $12,000 in interest. Illustrate what is the effective annual interest rate you will be paying using each of the following methods?
What is your choice of the controller and president's reasoning? Is the president's order ethical? Who benefits and who is harmed if the organizer follows the president's order?
Journalizing adjusting entries and Journalize the adjusting entry needed at December 31 for each of the following independent situations.
Rice Co. exchanged merchandise that cost $24,000 and normally sold for $36,000 for a new delivery truck with a list price of $40,000. The delivery truck should be recorded on Rice's books
Evaluate the basic and diluted consolidated EPS for the year ended 31 st December, 2014. Use quarterly share averaging.
work in progress inventory on December 31, 2010, is expected to be 197,600. What is the budgeted cost of goods manufactured?
What are the ethical issues involved in this case? What are Saras alternatives?
How well reported net income of $100,000 in 2010 and $120,000 in 2011 while paying $40,000 in dividends each year. Compute the amount of unrealized intra-entity inventory profit to be deferred on December 31, 2010 and 2011?
Illustrate what is the working capital, current ratio, quick ratio, accounts recivable & inventory turnover, number of day's sales in receivables & inventory, ratio of fixed assets to long term liabilities? Assume 365 days a year.
Analysis of unfavorable income variance and standard variable manufacturing costs per unit and the budgeted monthly fixed manufacturing costs established for the current year
How much of the long-term capital loss may be deducted in 2011, and how much is carried back or forward under the following circumstances?
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