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Question - In the month of June, Jose Hebert's Beauty Salon gave 3,900 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $16,600 and variable costs were 75% of sales.
Determine the contribution margin in dollars, per unit and as a ratio.
Using the contribution margin technique, compute the break-even point in dollars and in units.
Compute the margin of safety in dollars and as a ratio.
Discuss the significance of the accounting concept, your solution, and how your arrived at your solution.
prairie fire snowmobile corp. manufactures and sells snowmobiles in wisconsin minnesota and the dakotas. a publicly
Journalize the entry to record the semiannual receipt of interest on September 1. Refer to the Chart of Accounts for exact wording of account titles
Suppose instead you invest the $100,000 in preferred stock paying 6% perannum with the dividend taxed at 20% per year.
Compute taxable income. Prepare the journal entries to record income tax expense and any related deferred tax assets and liabilities for 2014.
analog computers needs to borrow 785000 from the midland bank. the bank requires a 13 compensating balance. how much
Explain the purpose and key features of reports on internal controls. Explain the difference between restricted-use reports and general-use reports.
Krenz Foundry has 3 support departments and 2 operating departments. If the direct method of allocation is used, calculate the maintenance department cost
Euker's legal counsel has determined that under Euker's property and casualty insurance policy, Euker is entitled to insurance recovery for the fair value of the manufacturing plant in excess of the deductible, and that such recovery is probable.
For one of the following situations, indicate whether the organization should recognize the described contributed services as revenue (offset by a corresponding expense). Briefly justify your response or identify key issues.
on january 1 2002 abc company purchased equipment for 100000. the equipment was assigned an estimated life of 10 years
salta company installs a manufacturing machine in its factory at the beginning of the year at a cost of 87000. the
In the next year, he received $525 in dividends and sold the stock for $43,000. What was his internal rate of return
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