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Apple is using the high low method in determining its profits from the sale of iPads for the month of May. Apple sells each iPad for $500. For the last six months sales and costs are as follows: Month Production Cost November 1.2 million $100 million December 1.4 million $110 million January 1.6 million $120 million February 1.1 million $90 million March 1 million $80 million April 900,000 $70 million What are Apple's total costs for the month of May if Apple is forecasting sales of 800,000 units?
for august mcguire manufactering estimated sales revenue at 200000. it pays sales comissions that are 4 of sales. the
In reviewing the tax credits , there are just as many for small businesses as for individual taxpayers, Explain how the IRS determines and measures the impact of enacting these credits on both types of taxpayers. Provide support for your opinion.
If all the current assets were liquidated today, the company would receive $855,000 cash. What is the book value of Klingon's assets today?
Reported net income of $670,000. What was the balance in the Investment in Lennon Co. account found in the financial records of Pacer as of December 31, 2011?
on january 12011 jws corporation issued 770000 of 7 bonds due in 10 years. the bonds were issued for 717679 and
The net present value of the investment, excluding the intangible benefits, is -$326,237. To the nearest whole dollar how large would the annual intangible benefit have to be to make the investment in the aircraft financially attractive?
Amber City borrowed $1,000,000 secured by a 5-year mortgage note. The cash from the note was used to purchase a building for vehicle and equipment maintenance. Show how these two transactions should be recorded in the General Fund and governmen..
you are doing a review services and related tax work engagement for murphy construction company. you have made
danford trucking purchased a tractor trailer for 147000. danford uses the units-of-activity method for depreciating its
Which description best fits Chester in your industry? For clarity: - A differentiator competes through good designs, high awareness, and easy accessibility. - A cost leader competes on price by reducing costs and passing the savings to customers.
paul bunyon lumber co. produces several products that can be sold at the split-off point or processed further and then
a company purchases equipment for 225000 on july 12009 with an estimated useful life of 10 years and expected salvage
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