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RSE Corporation sells its product for $11 per unit. Its variable cost is $2 per unit, and total fixed costs are $600. Assuming next period’s estimated sales are 240 units and that 240 units is within the relevant range, calculate the following amounts:
a. Degree of operating leverage
b. Margin of safety in units
c. Margin of safety in revenues (in $)
d. Estimated income or loss (indicate which)
Gunst Company produces three video games: Android, Bio-Mutant, and Cyclops. Cost and revenue data pertaining to each product are as follows: Android Bio-Mutant Cyclops Selling price $ 100 $ 61 $ 125 Direct labor 48 24 60 Direct materials 9 8 16 Varia..
During the year, Hamlet Inc. paid $20,000 to have bond certificates printed and engraved, paid $100,000 in legal fees, paid $10,000 to a CPA for registration information, and paid $200,000 to an underwriter as a commission. What is the amount of bond..
During 2013, the first year of operations, oak inc. pays salaries of $295,000 at the end of the year employees have earned salaries of $20,000 which are not paid by oak until early in 2014. what is the amount of the deduction for salary expense
What is the accounting break-even quantity?- What is the cash break-even quantity?- What is the financial break-even quantity?
In addition, the company also paid $2,800 to clear the land and another $5,000 to tear down the old building. Some of the contents of the old building were sold from $1,400.
The Note Payable was issued on December 1, 2011. The terms of the note state that the principal and interest is to be paid two years from the issuance date. The interest rate stated on the note is 3 percent.
present entries to record the selected transactions described belowa issued 3250000 of 10-year 8 bonds at 97. b
give an overview of the accounting for retirement compensation benefits given by employers. in your discussion contrast
You are working as a consultant for a local landscape supply company. One of the possibilities that has consistently come up in conversation with the owners is making your own mulch instead of continuing to buy mulch in bulk from the distributer. Pre..
Carole owns 75% of Pet Foods, Inc. As CEO, Carole must travel extensively and does so on the company jet. In addition, she also uses the jet to take several personal vacations. Carole reports the value of the personal use of the jet, $140,000, as add..
question 1a special districts balance sheet maynt capture its economic resources as well as obligationsa special
What is the required return on Green's equity after the restructuring? Required Return?
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