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Borderbooks Company has two locations, downtown and at a suburban mall. During March, the company reported net income of $271,000 and sales of $1.2 million. The contribution margin in the downtown store was $320,000. The segment margin in the mall store is $200,000. Direct fixed costs are $85,000 in the downtown store and $98,000 in the mall location.what are total fixed costs?
Overhead is applied on the basis of direct labor hours. Three direct labor hours are required for each product unit. Planned production for the period was set at 8,000 units. Manufacturing overhead for the period is budgeted at $204,000, of which ..
What would be the flexible budget amounts at an activity level of 12,000 machine hours if indirect materials is a variable cost and factory rent was a fixed cost?
How do ethics codes apply to project selection and capital budgeting? What are the potential risks to a company of unethical behaviors by employees? What are potential risks to the public and to stakeholders? Please explain how Saint Leo's core value..
excalibur corporation manufactures and sells video games for personal computers. the unadjusted trial balance as of
There were no other pension related costs. The journal entry to record the annual pension costs will include a debit to pension expense for:
a. Prepare an amortization schedule for the three-year period. b. Organize the information in accounts under an accounting equation.
What are some of the views on capitalization of leased assets?
The partnership made an ordinary cash distribution of $10,000 to Marcie, and paid guaranteed payments to partners Marcie, Alice, and Pat of $20,000 each ($60,000 total). How much will Marcie's adjusted gross income increase as a result of the abov..
Prepare journal entries to record Tasha's income tax expense for the current year. Show well-labeled supporting computations for the income tax payable, the valuation allowance, and the change in the deferred tax asset account.
at the beginning of the current season on april 1 the ledger of flint hills pro shop showed cash 2660 inventory 3500
The company requires a minimum pretax return of 15% on all investment projects. The net present value of the proposed project is closest to:
a firm operated at 80 of capacity for the past year during which fixed costs were 210000 variable costs were 65 of
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