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Boise Corp had a margin of safety of $394,000 last month, with sales revenue of $1,120,000 and fixed costs of $333,960.
a.What are break-even sales?
b.What is the contribution margin ratio?
c.How much profit did Boise earn last month?
d.How much would sales have to increase for Boise to earn profit of $652,280?
Donald Corporation owns machinery with a book value of $670,000. It is estimated that the machinery will generate future cash flows of $560,000.
This year the trust is terminated. Albert has a 40% interest in the trust, and Barbara has a 60% interest. Barbara receives a capital loss pass-through of:
Determine the amount of depreciation expense for each year using the straight line method. Journalize the depreciation expense entry used by Caribe Company for the end of fiscal year 2005 and 2006.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
the process of initially recording business transactions in a journal isa posting.b sliding.c journalizing.d
which of the following isare conditions to be met in determining a suitable overhead cost rate?i fair
Beginning inventory was 15,000 units and ending inventory was 10,000 units. The fixed manufacturing overhead was $8 per unit. How will absorption cost net income differ from variable cost net income?
At the high level of activity in November, 7,00 machines hours were run and power cost were $12,000. In April, A month of low activity 2,000 machine hours were run and power costs amounted to $6,000. Using the high-low, the estimated fixed cost el..
A firm has experienced a constant annual rate of dividend growth of 9 percent on its common stock and expects the dividend per share in the coming year to be $2.70.
During September 50,000 units were started; 5,000 of these were still in process at the end of September and were 3/5 finished. The equivalent units for the conversion costs in September were:
globals special order also requires 500 kilograms of genatope asolid chemical regularly used in the companys products.
Use of historical costing including the possibility of general price-level adjustments. Why do you think he has made this choice?
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