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Ford Automobiles uses a standard part in the manufacture of sevral of its trucks. The cost producing 40,000 parts is $120,000, which includes fixed cost of $60,000 and variable costs of $60,000. The company can buy the part from an outside supplier for $3.00 per unit, and avoid 30% of the fixed costs.
Assume the factory space freed up by purchasing the part from an outside source can be used to manufacture another product that can be sold for $12,000 profit. If Harvey Automobiles makes the part, what will its operating income be?
Lemon, Inc. has earnings per share of $3.56 for the year 2009. Orange, Inc., its competitor, has earnings per share of $4.78 for the same period. Which of the following are possible explanations for the higher earnings per share of Orange, Inc.?
Assume the same information as in the previous problem, except that Parent has no "significant influence." Prepare the entries and present the investment account.
nick and jolene are married. nick is 61 and retired in 2011 from his job with amalgamated company. jolene is 56 and
You just turned 25. you plan on saving a equal amount in your 401K at the of each year for 40 years (your 65th birthday). You expect to earn 9% pa during this time frame.
Many corporations are emphasizing green technology in their operations. This often costs the company more money in terms of expenses. What are the legal and ethical implications of this?
Rental income of Personal income taxes system in the US. Is it a progressive taxation system? Why or why not?
XYZ wrote off uncollectible accounts totaling $20,000 during 2010. Under the cash basis of accounting XYZ would have reported 2010 sales of ?
The purchase of Truffles Inc. will require an investment of $800,000 and with the synergy between the two companies will increase the Boxed Candy Division's operating income by $76,000. The residual income for the Boxed Candy Division after the pu..
hillside issues 1500000 of 6 15-year bonds dated january 1 2013 that pay interest semiannually on june 30 and december
Bailey Company sells 25,000 units at $15 per unit. Variable costs are $8 per unit, and fixed costs are $35,000. The contribution margin ratio and the unit contribution margin, (rounding to two decimal points) are:
Why do you think Toyota is expanding so aggressively outside of Japan instead of focusing more on manufacturing in Japan and exporting to other countries?
prepare adjusting entries required of financial statements for the year ended date of 123111. assume that prepaid
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