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Question - Bronze Star Company sells various flavors of beverages and the April 2021 income statement for selected flavors is presented:
Carrot Flavor Corn Flavor
Net Sales Revenue $21,000 $39,000
Cost of Goods Sold
Variable $13,000 $21,000
Fixed $7,000 $10,000
Gross Profit $1,000 $8,000
Selling and Admin Expenses
Variable $5,000 $5,000
Fixed $4,000 $4,000
Operating Income ($8,000) ($1,000)
If Bronze Star drops a flavor, the fixed selling and administrative expenses can be avoided but none of the fixed cost of goods sold can be avoided. Which of these two flavors should be dropped or not?
lthough the directors have the general power to manage the company, power to carry out certain functions is given to the shareholders either in general meeting or by written resolution. State and explain these shareholder powers.
Entries for Costs in a Job Order Cost System - Depreciation of office building was $30,000; of office equipment, $7,500; and of factory equipment, $60,000
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knowshon sole owner of moreno inc. is contemplating electin s status for the corpoation. provide recommendations
Design project 2: MC74AC245 is an octal bidirectional transceiver with 3-state inputs/outputs. One pair of it can be shown by the symbol in Fig. 1. DM74LS153 is a dual 1-of-4 line data selectors/multiplexers. The symbol for 4-to-1 is shown in Fig..
denny manufacturing had a bad year in 2012. for the first time in its history it operated at a loss. the companys
Mason Co. issued $900,000 of four-year, 12% bonds with interest payable semiannually, Determine the present value of the bonds payable
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Why do the corporate and market betas differ
What information should management disclose in the footnotes to the financial statements concerning this purchase commitment
How much of the payments toward Darren's health insurance will he be able to deduct as an adjustment to income
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