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Cost-plus, time and materials, ethics. R & C Mechanical sells and services plumbing, heating, and air conditioning systems. R & C's cost accounting system tracks two cost categories: direct labor and direct materials. R & C uses a time-and-materials pricing system, with direct labor marked up 100% and direct materials marked up 60% to recover indirect costs of support staff, support materials, and shared equipment and tools, and to earn a profit. R & C technician Greg Garrison is called to the home of Ashley Briggs on a particularly hot summer day to investigate her broken central air conditioning system. He considers two options: replace the compressor or repair it. The cost information available to Garrison follows: Labor Materials Repair option 5 hrs. $100 Replace option 2 hrs. $200 Labor rate $30 per hour
Required • 1. If Garrison presents Briggs with the replace or repair options, what price would he quote for each?
on december 31 2010 lopez co lessee signed a 3-year non-cancelable lease for the use of manufacturing equipment now
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From the following information, compute the ratios indicated. Assume the average for the year is the same as the ending balances for the balance sheet accounts.
u201ci know headquarters wants us to add that new product lineu201d said fred halloway manager of kirsi productsu2019
Agler Company's Speedo calculator sells for $40. Variable costs per unit are estimated to be $28. What are the contribution margin per unit and the contribution margin ratio?
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An introduction to internal controls, explaining in your own words the two primary goals of internal control.
can a trading rule based on the past history of a stocks price ever produce returns that are consistently above
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