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Slugger Products manufactures a single product with the following full unit costs at a volume of 2,000 units: Direct materials --------------------------------------------------$ 900 Direct labor ----------------------------------------------------------360 Manufacturing overhead * --------------------------------------600 Selling expenses (50% variable) -----------------------------300 Administrative expenses ** -----------------------------------280 Total per unit -----------------------------------------------------$2,440 *Note that per unit manufacturing overhead costs include $840,000 fixed costs **Note that per unit administrative expenses include $500,000 fixed costs. A company recently approached Slugger's management about buying 200 units of product. Slugger currently sells its product to dealers for $2,600 per unit. Capacity is sufficient to produce the extra 200 units. No selling expenses would be incurred on the special order. What is the minimum price Slugger should charge just to break even on the special order?
Discuss the key factors that should be considered when determining whether an item should be expensed. Speculate how Joe Carter arrived at his decision to expense the carpets replaced in the apartments.
Determine the gross profit under the (a) LIFO and (b) FIFO assumptions, given the following information.
Smith has decided to write off the franchise over the longest possible period. How much should be amortized by Smith Co. for the year ended December 31, 2008?
on january 1 2013 the mason manufacturing company began construction of a building to be used as its office
an investor is considering starting a new business. the company would require 475000 of assets and it would be financed
in january the knox comapny requisitions raw materials for production as follows job 1 900 job 2 1400 job 3 700 and
In your own words, what are the benefits of a decision tree plan that displays decision alternatives? As it is, there are expected values of decision alternatives As I understand it, it is beneficial for decision analysis problems.
During 2011 Thomas earned $36,000 of cash revenue, paid $20,000 for cash expenses, and paid a $2,000 cash dividend to the stockholders.
Issued 5,000 ordinary shares at P45 per share, less cost related to the issuance of the share totalling P7,000.00
at the beginning of 2008 fastforward has stockholders equity of 251000. during 2008 net income was 51000 and dividends
determine the key steps in the closing process that provide the most opportunity to make mistakes in processing account
griffith delivery service purchased a delivery truck for 33600. the truck has an estimated useful life of six years and
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