Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Foto Company manufactures and sells a product called JYMP. Results from last year from the sale of JYMP appear below:
Sales revenue (8,000 JYMPs @ $120 each) .............. $960,000 Variable costs ....................................... 640,000 Contribution margin .................................. 320,000 Fixed costs: Salaries of line supervisors ......................... 100,000 Advertising expense .................................. 160,000 Allocated general overhead ........................... 132,000 Net loss ............................................. <72,000>
Foto Company is considering eliminating the JYMP product line. The company has determined that if the JYMP product line is discontinued, the contribution margin of its other products will increase by $120,000.
Calculate the increase in company profits if the JYMP product line is discontinued. Do not use decimals or type the word increase after your answer.
Assuming no impairment in value prior to transfer, assets transferred by a parent company to another entity it has created should be recorded by the newly created entity at the assets:
Stone Co. owns 3,000 of the 10,000 outstanding shares of Maye Corp. common stock. During 2007, Maye earns $180,000 and pays cash dividends of $50,000. Stone should report investment revenue for 2007 of
Determine the adjusted ending balance in the Estimated Liability for Warranties account. Example: You invest $1,000 for 3 years earning 9% simple interest. How much will you have at the end of three years?
1.the new turn-around management team at ajs pizza intentionally overestimates significantly the amount of its
Delta Company's flexible budget formula for overhead costs is $100,000 per month foxed costs plus $26.00 per unit variable costs. Standard volume is 5,000 units a month. Actual overhead costs for June were $280,000, and output was 6,000 units.
the following information relates to interstate trucking for its first year of operations data in millions of
what is the service life on an asset? how do we determine the service life of an asset under straight line and activity
Should any overhead costs be added to Job Q at the end of the year?
Prepare the necessary journal entries for the years ending December 31, 2011, 2012, and 2013. Show all computations.
polk company builds custom fishing lures for sporting goods stores. in its first year of operations 2012 the company
Calculate the overhead variances, overhead volume variance and overhead efficiency variance.
For the year ended December 31, 2011, Blake reported income of $63,000 and paid cash dividends of $14,000 on its common stock. What is the proper carrying value of Clyde's investment in Blake at December 31, 2011?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd