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Question - The predicted 2014 costs for Osaka Motors are as follows:
Variable
$ 100,000
$300,000
Fixed
220,000
200,000
Average total assets for 2014 are predicted to be $5,000,000.
(a) If management desires a 12 percent rate of return on total assets, what are the markup percentages for total variable costs and for total manufacturing costs?
(b) If the company desires a 10 percent rate of return on total assets, what is the markup percentage on total manufacturing costs for (1) unassigned costs and (2) desired profit?
the emergency room at rochester general hospital uses a flexible budget based on patients seen as the measure of
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barn company uses a process costing system. during august the mixing department transferred out 65000 units. the august
a company has 5000 shares of 2 par value common stock and 2500 shares of 7 120 par noncumulative preferred stock
Prepare separate entries for each transaction for Emma Company. The merchandise purchased by Thomas on June
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Write a letter to Apollo Shoes addressing the key points listed below; assume the role of an auditor at a local firm when composing the letter.
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