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Angie's Bake Shop makes birthday chocolate chip cookies that cost $2 each. Angie expects that 10 percent of the cookies will crack and be discarded. Angie wants a 60 present markup on cost and produces 100 cookies. Angie prices the cookies at $3.56 each. Suppose that Angie can sell cracked cookies for $1.10 each. What could Angie price each cookie?
The materials price variance was $80,000 favorable. Evaluate the standard price per pound?
What is the incremental income associated with accepting the special order? Evaluate the incremental revenue associated with accepting the special order?
Consider the alternative to trashing is choosing the more profitable of the two alternatives (that the new employee looked at and did not like). Find effect will the trashing option (that the new employee wants) have on net income
State carrying value and whether every asset/ asset class should be amortised. Identify any choice of method permitted for IP Ltd.
Case studies using excel spreadsheet
Find comparative income statements for the company similar to Exhibit 6.8 for the three different inventory costing methods of FIFO, LIFO, and weighted average.
Using information, complete the worksheet on the subsequent page for Mann's Copy Shop for the month of September you have to prepare for the month ending 30 th September, 2008:
Should the shipment on 31 st December be recorded as a sale? Show the ethics of Hasbrow's
Find how much overhead is allocated and evaluate what is the over/under absorbed overhead - Make a job order cost sheet for the 100 widgets
How much ending inventory of plastic should be reported on the company's balance sheet at September 30
what is Capital's after-tax WACC and what balance could appear in the investment in Holister account as of December 31, 2009?
Strategies for managing risk - Evaluate what is a strategy for managing risk and what are some potential future risks?
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