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Corporation has determined the contribution margin ratio is 35% and the income tax rate is 40%.Required:A) Assume break-even volume in dollars is $1,500,000. What are total fixed costs?B) Assume Corporation wants after-tax net income of $300,000. What volume of sales in dollars is necessary to achieve this net income?
Valuation of Inventory or Closing and Issues Stocks Valuation of inventory aims on attaching a monetary value in the issued or stores for production. It is useful in producing
Your organization (City Rehab) has been approached by an MCO looking for an exclusive arrangement for the rehabilitation of its hip replacement patients. The MCO is aggressively po
While we are looking for sources funds it is other than natural to start searching from home. What do we have? During examining the requirement for working capital we could also ma
is ppe taxable
Tony Allan Inc is a small manufacturer of metal products in Toronto. The company rents its factory building. It uses a job order costing system because it has a wide variety of p
how to prepare separate accounts for each process given having been givent normal loss,output,overhead and output passes to next process
Physical Measure and Net Realizable Value Physical Measure/Unit Joint costs are assigned to the joint products according to the ratio of physical measurement of the outpu
how does idle capacity effect cost behavior patterns and factory overhead application methods
Methods of Labour Remuneration There Labour remuneration methods can be broadly classified into two factors as: i. Time rate or on the basis of the time spend in the factor
concepts of accounting
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