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Can someone help explain IN DETAIL how to get the answers for the second part of the question where it asks about how it would appear AFTER the proposed changes? Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove, sells for $50 per unit. Variable expenses are $32 per stove, and fixed expenses associated with the stove total $108,000 per month. At present, the company is selling 8,000 stoves per month. The sales manager is convinced that a 10% reduction in the selling price would result in a 25% increase in monthly sales of stoves. Prepare two contribution format income statements, one under present operating conditions, and one as operations would appear after the proposed changes. Show both total and per unit data on your statements.
an accounting system that provides information that management can use to evaluate the profitability andor cost
Calculate the number of months that the loan was outstanding (i.e.,the number of months Franklin Co. borrowed the money for).
jim taylor wants taylor company to use cvp analysis to study the effects of changes in costs and volume on the company.
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variable costing versus absorption costing. the mavis company uses an absorption-costing sys- tem based on standard
The two optional steps in the accounting cycle are preparing? a) a post-closing trial balance and reversing entries b) reversing entries and a worksheet c) an adjusted trial balance and a post-closing trial balance d) a worksheet and post-closing tri..
1. discuss the difference between accounting and finance?2. how does financial accounting and financial management
frieden companys contribution format income statement for the most recent month is given belownbspnbspsales 47000
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mighty corporation manufactures end tables. each end table requires 4 direct labor hours for each table. mighty
During December 2008, Fashion Vixen Publishing sold 2,500 12-month annual magazine subscriptions at a rate of $30 each. The first issues were mailed in February 2009. Prepare the journal entries on Fashion Vixen's books 1) to record the sale of th..
On January 1, 2011, Franklin Industries leased equipment on an eight-year term at $15,000 annual rental payments, paid in advance. There is a bargain purchase option on December 31, 2018 (end of lease), of $24,000. The economic life of the equipme..
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