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Currently the unit selling price of a product is $300, the unit variables cost is $225, and the total fixed costs are $720,000. A proposal is being evaluated to increase the unit selling price to $345. a. Compute the current break-even sales (units). b. Compute the anticipated break-even sales in units, assuming that the unit selling price is increased and all costs remain constant.
Profit performance effects for Variable manufacturing cost variance and Identify the major cause of Markley Division's unfavorable profit performance
Fill journal entries appropriate to be recorded these transactions - In November sold $4,000 of gift cards. $700 of these was redeemed.
Calculation of number of tickets to be sold for the more deluxe event in order to yield the same profit as the original plan.
What are the main problems caused by worldwide accounting diversity for a multinational corporation?
Determine the positions taken by Amos and Susan and by the IRS agent with respect to the Lear jet deduction.
the auditor must have an adequate understanding of what an internal control system is. List the five components of an internal control system and the importance of each.
Determine the total depreciation to be taken over the useful life of the delivery truck for both book and tax purposes. Explain why depreciation for book and tax purposes will generally be different over the useful life of a depreciable asset.
In theory, when a periodic system is in use, which inventory price flow assumption could assign inventory cost to cost of goods sold even though the inventory has not yet been purchased by the merchandiser?
Cost of goods sold was $10,800,000 for Webb and $6,400,000 for Rand. What was consolidated cost of goods sold?
Flax, LLC purchased only one asset during 2011. It placed in service a computer (5-year property) on January 16th with a basis of $14,000. Calculate the maximum depreciation expense. (Ignoring Section 179 and bonus expensing).
Base on the ratios computed in requirement a, comment on the apparent effects of Whirlpool's acquisition of Maytag. Assume any significant change in these ratios was the result of the aquistion. Calculate the ratios?
Determine the estimated warranty liability at December 31 for the units sold in November and December. Prepare the journal entries to record the estimated liability for warranties and the costs incurred in honoring 900 warranty claims. (Assume actu..
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