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Question 1: Star of the Sea School has annual fixed costs of $150,000 and variable costs of $550 per student. Star of the Sea expects 345 students for the upcoming year. If the school wishes to earn a profit of $10,000, what should tuition per student be (round answer to nearest $)?
Question 2: The total master-budget variance for Stallon Corporation for the month of June was $7,000 unfavorable; the total flexible budget variance was $3,000 unfavorable.
Actual results for the month showed $3,000 of net operating income.
a. What was the amount of operating income the flexible budget would have shown for the actual activity level for June?
b. What was the amount of operating income in the master budget for the month of June?
Net profit for the year 2011 amounted to Rs. 45,000. Prepare cash flow statement.
Selected sales and cost data for a special job: Direct materials used 100,000. Calculate the Indirect Costs for job
The main objective of Bob Reep is acquiring a lease that would potentially minimize the monthly cost of meeting trucking requirements for a new project without dismissing off the employees i.e. following his no-layoff policy and using personal driver..
BUS103 Accounting for Managers Team Assignment. Describe the principal activities of the company? Define the revenue recognition criteria of the company
Does it appear that the company pays commissions to its sales staff and what is the likely effect on the $4.50 unit cost of direct materials if next year's production increases? Why?
What transfer price(s) will lead the manager of the peanut division to act in a manner that will maximize company profits? Compute the annual gross profit
Knight Company reports the following costs and expenses in May.From the information, determine the total amount of:Manufacturing overhead
Explain the utility curve with reference to the three perceptions of risk. Which of these best describes your attitude toward risk?
When the company sells 17,250 units, what is the total indirect selling expense that cannot be readily traced to individual sales representatives?
Overhead is applied on the basis of direct labor hours. Coen's total overhead variance and evaluate the ToolTime's total variance
question 1in order to assist the manager you are compiling a resource which will define the various management
If Jim increases production to 350,000 units per year, what will be the new equivalent cost per unit?
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