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Jetson Co. sold 20,000 units of its only product and incurred a $50,000 loss (ignoring taxes) for the current year as shown here. During a planning session for year 2012 activities, the production manager notes that variable costs can be reduced 50% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $150,000. The maximum output capacity of the company is 40,000 units per year.Contribution Margin Income StatementFor Year Ended December 31, 2011Sales 750000 Variable costs 600000 Contribution margin 150000 Fixed costs 200000 Net loss (50000). Prepare a forecasted contribution margin income statement for 2012 that shows the expected results with the machine installed. Assume that the unit sales price and the number of units sold (20,900 units) will not change, and no income taxes will be due. I am having trouble computing the variable cost. Can someone please help me? I tried to compute 20900*19.20 and 20900*19.19 but it isn't the correct answer. Everytime I ask this question this is the answer I get.
what you would bring to the diversity in a college community, or an encounter that demonstrated the importance of diversity to you.
After deciding to incorporate, each of the three investors recieves 20,000 shares at $2 par common stock on June 12 2011, in exchange for their co owned building and $100.000 total cash they contribute to the business.
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Hare is conducting an ethical debate on the institution of slavery. He is writing to justify the use of Utilitarian ethics in resolving the issue. . Think about and try to answer the following questions in preparation of our class discussion of thi..
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