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The Dynamaco Company uses cost-plus pricing with a 50% mark-up. The company is currently selling 100,000 units at $12 per unit. Each unit has a variable cost of $6. In addition, the company incurs $200,000 in fixed costs annually. If demand falls to 80,000 units and the company insists on a 50% mark-up, what price should the company charge?
Prepare the sales portion of the entry for this sale on Janet's books and Prepare the cost of sales portion of the entry for this sale on Janet's books
Journalize the subsequent transactions in the books of Mr. Walter.
Evaluate the proceeds Amazon received for the issuance of $3.0 billion notes in November 2012.
You plan to deposit these funds in a bank account that pays 8% per year. Explain how much money you would have accumulated just after you make the 5th deposit?
Calculate the amount Dennis may deduct as travel expenses for the trip. Dennis, the owner of Dennis Company, incurs the following expenses while away from home on a three-week business trip during the current tax year
What dividends are the preferred stockholders entitled to receive in the current year before any distribution is made to common stockholders and evaluate Milner's earnings per share
Find what is the journal entry to record the issuance of bonds on 1 st January, 2010?
The new sewing machine would be depreciated according to the declining-balance method at a rate of 20%. The salvage value is expected to be $379,200. This new equipment would require maintenance costs of $95,900 at the end of the fifth year. The c..
At the beginning of 2011, there was $2,000 of materials on hand. During the year, the company purchased $305,000 of materials; however, it paid for only $292,500. Explain how much inventory was requisitioned for use on jobs during 2011?
Prepare an adjusting entry, if necessary, to record the year-end fair values adjusting for the portfolio of short-term investment in available –for-sale securities.
Determine the maximum utilization of days per 1,000 members that the nursing home can experience before it begins to lose money
Activity Based Costing - Theory which cost method would you use to manage this business and why
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