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Small Steps sells step stools. Their budget information is shown below.
selling price: $40 per stoolVariable expense:$30 per stoolFixed Expense:$24,000
use the above information to answer the following questions.1. Draw a CVP Graph for Small Steps and label the parts.2. Calculate the Contribution Margin and contribution margin ratio.3. Calculate Break Even in Units4. How many steps stools would small steps need to sell to reach a profit of $10,000?5. If they have a profit (net income) of $10,000 what is their Margin Safety Ratio?
As a potential investor, what is the problem with different countries having different accounting standards? As the president of a multinational company, what is the problem with
Variable costs are the cost that are directly proportionate with the quantity of manufacture and or directly associated with the service.
given the following : Constant $21,800 Std.error of Y Est. 4,500 R squared 0.7832 Observations # 22 X coefficient 11.75 Std.error of Coef.
what is the direct cost
Q. Is there barely one way to conduct fca? Ans. No. It is significant for each area to put the FCA process in perception with its waste management goals. Every community w
1. The Initial Borrowings required are determined by the amount required to start the project less the Cash Invested by the Corporation. The loans will always be principle & inte
Find a journal article online about just-in-time inventory systems. In the subject line of your post, include the title of the article that you read. Post a link to that article wi
Fixed Overheads Variance This is defined like the difference between the fixed overheads attributed and the standard cost of fixed overheads absorbed in the production achieve
Candler Inc a computer software development firm has stock outstanding as follows: 40,000 shares of $2 nonparticipating, noncumulative preferred stock of $10 par, and 250,000 share
Management Accounting It is the part of accounting such provides special-reason statements and reports to other persons and management inside the organization. The informatio
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