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1. Classify the five costs listed in the terms of their behavior: variable, step-variable, committed fixed, discretionary fixed, step-fixed, or semi variable. Show calculations to support your answers for mining labor/fringe benefits and royalties. 2. Calculate the total cost for next February when 1,650 tons are expected to be extracted. 3. Comment on the cost-effectiveness of hauling 1,500 tons with respect to Antioch's trucking/hauling cost behavior: Can the company's effectiveness be improved? How? 4. Distinguish between committed and discretionary fixed costs. If Antioch were to experience severe economic difficulties, which of the two types of fixed costs should management try to cut? why? 5. Speculate as to why the company's charitable contributions cost arise only in December.
Use the contribution margin ratio CVP formula to compute Peyton Travel's break-even sales in dollars. If the average sales price of a ticket is $660.00; how many tickets must be sold to reach break-even
During the year, Accounts Receivable decreased from $88,000 to 78,000, a decrease of $10,000. Illustrate what amount of cash did Lab Commercial Products receive from customers during 2010?
The risk-free rate is 4%. The expected market rate of return is 11%. If you expect stock X with a beta of .8 to offer a rate of return of 12 percent, then you should.
Explain how you would use variance analysis against this project's before defined cost objects, drivers, budget, and decision making framework
Canliss Mining uses the replacement method to evaluate depreciation on its office equipment.
Evaluate the total Gross estate and determine the total gross deductions?
The main issues for A/R are avoiding uncollected sales and evaluating the proper amount of uncollectible accounts for the financial statements.
Evaluate the material purchase price variance and the material quantity variance and evaluate the labor rate, labor efficiency, and total labor variance.
Sandler Corporation bases its predetermined overhead rate on the estimated machine hours for the upcoming year. Data for the upcoming year appear below. Calculate the company's predetermined overhead rate.
Present arguments in favor of cost allocation Does cost allocation provide relevant information? Would a current-value approach to computation of fixed assets be preferable? Why?
We have an problem dealing with an international lease. The lease is from the U.S. parent company, to a UK subsidiary.
Finding Economic ordering Quantity - evaluate the net advantage to leasing. (Problem requires MARCS tables.)
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