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A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (5,000 units): Direct materials $70,000 Direct labor 20,000 Variable factory overhead 10,000 Fixed factory overhead 2,000 $102,000 Operating expenses: Variable operating expenses $17,000 Fixed operating expenses 1,000 18,000 If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, what is the amount of the contribution margin that would be reported on the variable costing income statement?
x2 issued callable bonds on january 1 2012. the bonds pay interest annually on december 31 each year. x2s accountant
What is the Expected cost to the company for next year and the CFO wants to set a budget amount that we have a confidence level of 85% that we won't go over budget. What figure should be used?
during 2011 the corporation had the following transactions and events pertaining to its stockholders equity. feb. 1
questionnbspone idea that the consultant had was to reduce prices to bring in more customers. if average prices were
coffee bean inc. cbi is a processor and distributor of a variety of blends of coffee. the company buys coffee beans
Discovery Barn, a not-for-profit science center for children, received a contribution for $30,000 explicitly designated for the acquistion of computers. Prepare all required journal entries, being certain to indicate the type of fund in which each ..
jared enterprises issues bonds dated january 1 2010 that have a 2430000 par value mature in 10 years and pay 7 interest
gtb inc. has a 33 percent tax rate and has 90 million in assets currently financed entirely with equity. equity is
the cbs companys manufacturing accounting system uses direct labor costs to apply overhead to goods in process and
nbspnbspnbspnbspnbspnbsp nbspnbsprodriguez corporation nbspnbspissues 6000 shares of its common stock for 81800 cash
Despite the fancy look, the main purpose of the report is to provide the year's financial data, which comes from the corporation's accounting system.
John's basis in his stock is $25,000. What gain or loss will John and Bass Corporation recognize on the distribution of the land?
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