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Baker Company's sales mix is 3 units of A, 2 units of B, and 1 unit of C. Selling prices for each product are $20, $30, and $40, respectively. Variable costs per unit are $12, $18, and $24, respectively. Fixed costs are $320,000. What is the break-even point in composite units?
cost of merchandise sold, $4,000,000; administrative expenses, $500,000; interest expense, $30,000; rent revenue, $100,000; net sales, $6,500,000; and selling expenses, $750,000. Prepare a single-step income statement.
Twelve percent of the containers were not returned. The deposits are based on the container cost marked up 20%. What is cost of goods sold relative to this forfeiture?
london purchased a piece of real estate last year for 82200. the real estate is now worth 103400. if london needs to
youre starting a retirement savings program and expect to need 2500000 in 41 years. you begin with a deposit of 500 and
On August 1, it distributed property with an adjusted basis of $5,000 and a fair market value of $8,000 to its sole shareholder, Pedro Urritia. How much of the distribution will be treated as a dividend?
On that date, when the market price of Matile was $14 per share, there were 270,000 shares of Stinson outstanding. What gain and net reduction in retained earnings would result from this property dividend?
the general manager of qantas had two concerns the companys worsening cash position 3000 cash and no bank loan at the
Jadelis Resources, a computer consulting firm, has decided to write off the $12,500 balance of an account owed by a customer. Journalize the entry to record the write-off.
the following information was taken from the records of cantu inc for the year 2012. income tax applicable to income
performance products corporation makes two products titanium rims and posts. data regarding the two products follow
the phoenix kings of the united basketball league have a moody center by the name of orlando dawkins. dawkins is under
Depreciation of general capital assets is not recorded in the accounts of any of the governmental funds. If a building is transferred from the General Fund to an internal service fund because the character of its use changes, should the internal s..
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