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Problem - Company sells two products, A ang B. Last year, Company sold 12,000 units of A and 24,000 of B. Related data for last year are: Product - A Unit SP - 120 Unit VC -80 Unit CM -40 Product - B Unit SP - 80 Unit VC -60 Unit CM -20. Assuming that last year's fixed costs totaled P910,000, what was Company's composite breakeven point in units?
1. Suppose the tax schedule is T = - 3000 + 0.3Y, where T is the amount of tax paid when the taxpayer's income is Y.
What internal controls are missing to enable the theft to occur? List 3 audit procedures that might detect the theft.Serena is the assistant controller of Opus.
Explain the difference between a program revenue and a general revenue. Why does the GASB require this distinction? Be sure to include the sources of the funds.
Bronson's fiscal year end is June 30. What would the depreciation expense be for 2020 if Bronson Co. used the double-declining-balance method
What is the weighted average number of common shares Howard will use in computing its earnings per share
Prepare Green Production's contribution margin income statement for 175 shows performed in 2016. Report only two categories of costs: variable and fixed.
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The standard costs for a batch of chocolate (5,000 bars) are as follows: Determine the standard direct materials cost per bar of chocolate
Vincent Company paid within the discount period. Prepare entries that Vincent should record for (a) the purchase and (b) the cash payment
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