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Oak recently sold 70,000 units generating sales revenues of $4,900,000 the company variable cost per unit and total fixed cost amounted to $20 and $ 2,8000,000 respectively .
case 1 managment wants to lower the firm's break-even point to 52,000 units all other thing being equal. what must happen to fixed costs to archieve this objective?
case 2 the company anticipates a $ 2 hike in the variable cost per unit all other thing being equal if the selling price remains constant what must happen to the firm's total fixed costs?
1. calculate the total bond interest expense over the bonds' life. 2. Prepare a straight-line amortization table like Exhibit 10.11 for the bonds' life. 3. Prepare the journal entries to record the first two interest payments.
Gandolph Game Company has established the following standards for the prime costs of one unit of its chief product, dartboards.
What it the NPV of the proposed acquisition? Note that you must first calculate the value to Blazer of Laker's equity.
Assume variable manufacturing overhead is allocated using machine-hours. Give three possible reasons for a favorable overhead efficiency variance. Which reason is most persuasive? Why?
What is the income or gain recognized? What is his basis in the partnership interest?
Assume that the company computes variances at the earliest point in time. Taylor's direct-material price variance was:
For each of the following independent cases, use the equation method to compute the economic order quantity.
would an increase in variable costs cause a company's break-even point to increase or decrease? why?
prepare summary journal entries for 2011 and 2012 to account for the installment sales and cash collections the company uses the perpetual inventory system.
Accounts receivable arising from sales to customers amounted to $40,000 and $35,000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $110,000. Exclusive of the effect of other adjustments, t..
A friend has $950 that has been saved from her part-time job. She will need her money-Calculate the interest earned on the savings account for six months.
Ernie's executor elects to claim the marital deduction for the QTIP transfer. At the time of the surviving spouse's death, the value of the QTIP trust is $3.6 million. The amount of the QTIP trust included in the surviving spouse's gross estate is..
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