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Question: Xcelerate Productions Inc. manufactures and sells three different products of different qualities. They are referred to as: Normal, High, and Superior. The accounting department provides the following information on these products:
Normal High Superior
Selling price per unit $34 $41 $57
Variable costs per unit $28.67 $35 $53
Contribution margin per unit $5.33 $6.00 $4.00
Machine hours required 0.02 0.04 0.08
If the limited resource can be increased by 700 hours, calcuate the maximum increase in the contribution margin. Assume that xcelera can sell all products manufactured.
Peroni Company paid wages of $165,400 this year. Of this amount, $116,800 was taxable for net FUTA and SUTA purposes. The state's contribution tax rate is 3.1%.
Determine the equivalent units and costs per equivalent unit for materials and conversion costs. Are the ending balances in the WIP and Finished Goods inventory as shown correct? If they are not correct, what should the ending balances be?
On December 20, DeCort Company received a $400 bill for advertising in December. The liability account, Accounts Payable, needs to be recognized along with the related expense.
aampa products is in the process of preparing interm financial statements. since they take physical on an annual basis
An assumed interest of 8% is implicit in the purchase price.Prepare the journal entries that would be recorded for the purchase and for the payments and interest on the following dates.
amr corporationnbspparent company ofnbspamerican airlines reported the following for 2009 in millions.service
Find the bond's price today and 6 months from now after the next coupon is paid. What is the 6-month holding-period return on this bond?
Pamela Oliver operates a sole proprietorship business that sells golf equipment. In 2013, Oliver agrees to transfer her assets and liabilities to a partnership that will operate The Golf Shop. Oliver will own a two-thirds interest in the capital o..
Compare Shareholder Value at Risk with premium risk. Is there any information on how accurate a tool SVAR is when it comes to measuring the synergy risk?
Describe the maturity matching principle. What are the risks of not matching maturities? How would you characterize a firm that ignores the principle? Can you think of situations in which it would be advisable for an otherwise prudent firm to dev..
An industrial group reports that there were approximately 122,000 industrial robots operating in a region last year. The graph shows the percentages of industrial robot units assigned to each of six task categories.
the following data have been provided by kelch corporation from its activity-based costing accounting system factory
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