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Red River Hospital’s controller estimates that the hospital uses 30 kilowatt-hours of electricity per patient day, and that the electric rate will be $.12 per kilowatt hour. The hospital also pays a fixed monthly charge of $1,250 to the electric utility to rent emergency backup electric generators.
Instructions:
Construct a flexible budget for the hospital’s electricity costs using each of the follow techniques.
Formula flexible budget.
Columar flexible budget for 30,000, 40,000, and 50,000 patient days of activity. List variable and fixed electricity costs separately.
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Round to the nearest unit. b) How many orders will be placed each year if the EOQ is used? c) What are the valves carrying and ordering costs if the EOQ is used?
A review of the ledger of Felipe Company at December 31, 2012, produces the following data pertaining to the preparation of annual adjusting entries.
multiple choice question based on cash flow statement.1. if a gain of 10000 is incurred in selling for cash office
Calculate the present value of the cash flows, rounding to the nearest dollar and prepare a chronological list of the investment's cash flows. Note: Greene is entitled to the 19X3 dividend.
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Astaire Company uses the gross profit method to estimate inventory for monthly reporting purposes. Presented below is information for the month of May. Compute estimated inventory at May 31, assuming that the gross profit is 25% of cost.
The company wants to maintain the Allowance for Doubtful Accounts at 6% of gross accounts receivable
What are companies registered with the Securities & Exchange Commission (SEC) required to include with their financial reports and what are SEC financials required to adhere to and what additional information is required of SEC registrants that is no..
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