Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Margin of Safety a. If Armstrong Company, with a break-even point at $660,000 of sales, has actual sales of $880,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. $ 2. % b. If the margin of safety for Lankau Company was 25%, fixed costs were $2,325,000, and variable costs were 60% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even in sales dollars first.)
Purpose a report that reconciles the total cost assigned to the ending work in process inventory and the units transferred out with the costs in the beginning inventory and costs added during the period.
An asset costs $80,000 and has a salvage value of $7,000. It has a four-year life. Using double-declining-balance depreciation, Year 2 depreciation would be:
Prepare summary journal entries to record (i) the requisition slips, (ii) the time tickets, (iii) the assignment of manufacturing overhead to jobs, and (iv) the completion of Job No. 429. Post entries to Work in Process Inventory, and prove the agree..
Sadowski Video Center accumulates the cost and market data
Phyllis maintained an IRA account at the brokerage firm ABC. On February 11 of the current year, she requested a check for the balance of her account. She received the check made out in her name and deposited it the same day in a new IRA account at t..
The Cunningham Factory has determined that its budgeted factory overhead budget for the year is $6,750,000 and budgeted direct labor hours are 5,000,000. If the actual direct labors for the period are 175,000 how much overhead would be allocated to t..
ABC Solar Company produces garden lamps. the annual fixed costs are $110,00 and variable cost to make the solar garden lamps is $7.00 per unit. The expected selling price is $15.00. Determine the numbers of units need to sell to break even. What is t..
On July 1st 2015 ACME Company issued $20 million non-interest 1 year note to the bank who has a stated 10% discount rate. Principal and interest will be paid at maturity. What was the effective interest rate that ACME paid on this note?
Aaron was reimbursed $1,300 by his insurance company for the medical expenses attributable to the skiing accident. Calculate Aaron’s deduction for medical expenses in 2011.
question 1since easing the credit policy generally lengthens the collection period and worsens the aging schedule why
The December 31, 2009 balance sheet showed $135,000 in the common stock account and 2.6 million in the additional paid in surplus account.
Make two income statements and the Retained Earnings Statement. Use the single-step format and multiple-step income formats and find the Basic earnings per share
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd