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Question - Journey Co. budgeted sales of 400,000 calculators at $40 per unit for the year. Variable manufacturing costs were budgeted at $16 per unit, and fixed manufacturing costs at $10 per unit. A special order offering to buy 40,000 calculators for $18 each was received by Journey in March. Journey has sufficient plant capacity to manufacture the additional quantity; however, the production would have to be done on an overtime basis at an estimated additional cost of $3 per calculator. Acceptance of the special order would not affect Journey's normal sales and no selling expenses would be incurred. What would be the effect on operating profit if the special order were accepted?
Your 12 year old niece shows you a dozen or so innocent photos of herself and a brief biography, including address and cell phone number that she plans to post on Facebook. What advice might you offer her about posting personal information and photos..
Consider a bipolar differential amplifier in which the collector resistors RC are replaced with simple current sources implemented using pnp transistors. Sketch the circuit and give its differential half-circuit. If VA =20 Vfor all transistors, fi..
The condensed financial statements of Elliott Company for the years 2013 and 2014 are presented below. ELLIOTT COMPANY Balance Sheets December 31.
A fire completely destroyed the entire inventory of Printing Delight Company on April 10, 2014. Fortunately, the books were not destroyed in the fire. The following information is taken from the books of Printing Delight Company for January 1 to A..
Which of the following common ratios measures leverage? A compound average growth rate (CAGR) takes volatility into account
Which of the following statements is incorrect regarding the taxation of C corporations? a. The highest corporate marginal tax rate is 39%. b. Taxable income of a personal service corporation is taxed at a flat rate of 39%.
a. Calculate the predetermined overhead allocation rate. b. Calculate the overhead cost applied during the year.c. Determine the amount of over- or underapplied overhead.
Concord Audio, Inc. manufactures speakers. Raw materials acquired for cash $82800. How much is cost of goods manufactured for March
If fixed costs are $1,500,000, the unit selling price is $210, and the unit variable costs are $130, what is the amount of sales required to realize an operating income of $200,000? a)14,166. b)12,500. c)16,000. d)11,538.
Compute the direct labor rate variance and the direct labor efficiency variance. Indicate whether each variance is favorable or unfavorable.
Use the total-cost approach to determine the present value of the cash flows associated with each alternative. (Any cash outflows should be indicated by a minus
Nojob issues 5,000 previously unissued shares of common stock in the market for $50 per share. Assume outsiders buy the stock. What journal entry is required
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