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Problem 1: The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $85.97. The variable cost per unit is $26.68, Poseidon Swim has average fixed costs per year of $6472. Assume that current level of sales is 383 units. What will be the resulting percentage change in EBIT if they expect units sold to changes by 8.1 percent? (You should calculate the degree of operating leverage first)
What is Archware's net income needs to be stated in billions
Prepare the journal entries that should be recorded in 2011 relative to the premium plan and premium Entries to stimulate the sales of its Alladin breakfast cereal, Loptien Company places 1 coupon in each box. Five coupons are redeemable for a prem..
What is the variable cost per? minute? (Round your answer to the nearest? cent.) The phone bill for a company consists of both fixed and variable costs
$7,000 was spent for demolishing an old building on the land before land could be used. Under the cost principle, the cost of land would be recorded at
Riverwood Ltd guarantees the $5 000 residual value of the boat. What is the amount of Riverwood Ltd's lease liability on the commencement day of the lease?
Prepare journal entry for pension expense and year end balance in related to pension account. The following defined pension data of Rydell Corp.
FINC 305 - Entrepreneurial Finance - Calculate the length of Munich Exports' cash conversion cycle for 2020 - Calculate the cash build, cash burn, and net
If the selling price is increased to $14 per unit and fixed general and administrative expenses are cut by $33,465, what will the new breakeven point be in units?
Assume the following: Payment #1 totals $1,600 ($1,200 principal and $400 interest expense); Payment #2 totals $1,600 ($1,300 principal and $300 interest expense); and the remaining principal balance before these two payments is $50,000. If the amort..
The department actually completed 10,000 hours of production. The appropriate total budget for the department, assuming it uses flexible budgeting, is
If the yield on AA rated bonds is still 290 basis points ? higher than a gov't bond, what is the new price of the bond? (note: round to the nearest cent)
A manufacturer's marginal-revenue, If r is in dollars, find the change in the manufacturer's total revenue if production is increased from 400 to 800 units
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