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At a sales volume of 41,000 units, Thoma Corporation's sales commissions (a cost that is variable with respect to sales volume) total $824,100. To the nearest whole dollar, what should be the total sales commissions at a sales volume of 40,250 units? (Assume that this sales volume is within the relevant range.)
Assume that the company produced the equivalent of 11,700 units of product during the year just completed. What was the average cost per unit for direct materials? What was the average cost per unit for fixed manufacturing overhead?
Phipps Company borrowed $25,000 cash on October 1, 2009, and signed a six-month, 8% interest-bearing note payable with interest payable at maturity. Assuming that no adjusting entries have been made during the year, the amount of accrued interest ..
brees inc.has current assets of 3800 net fixed assets of 19900 current liabilities of 3000 and long-term debt of 11500.
What gain or loss is recognized by the corporation when it issues its shares to John? What is the basis to the corporation of the property it received from John?
What is shareholder's equity, how is it calculated, and where and how is it reported? What is comprehensive income and how does it influence equity? What happens to shareholder's equity when the firm issues more shares or buys back shares in the o..
Prepare the incremental analysis for the decision to make or buy the lamp shades. Should shannon Inc buy the lamp shades.
Northwest paid freight charges of $7,500. Merchandise with an invoice amount of $5,000 was returned for credit. Cost of goods sold for the year was $380,000. What is ending inventory assuming Northwest uses the gross method to record purchases?
Provide the necessary journal entries to record the transactions for Wilcox for the period January 2, 2011 through December 31, 2012.
in april a tornado damage a crane and a dump truck at one of its construction sites. the crane was acquired 2009 for
The period 30,000 units remained which were 40% complete. The amount of equivalent units in Department A's work in progress inventory at the end of the period is what?
a company has preferred stock that can be sold for 28 per share. the preferred stock pays an annual dividend of 5 based
Gomez has $300,000 in 8 percent debt outstanding, and a similar company with no debt has a cost of equity of 11 percent. According to the Miller model, what is Gomez's value of equity?
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