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Compute the contribution margin ratio, Break even point and Margin of Safety and number of units sold to earn targeted profits.
The following is Alsatia Corporation's contribution format income statement for last month:
Sales
$1,400,000
Variable expenses
900,000
Contribution margin
500,000
Fixed expenses
300,000
Net operating income
$200,000
The company has no beginning or ending inventories and produced and sold 10,000 units during the month. Required: a. What is the company's contribution margin ratio? b. What is the company's break-even in units? c. If sales increase by 100 units, by how much should net operating income increase? d. How many units would the company have to sell to attain target profits of $225,000? e. What is the company's margin of safety in dollars? f. What is the company's degree of operating leverage?
The company's fiscal year ends on February 28. Debbie's sold 500 shares of common stock at $6 per share on April 1. Illustrate what impact does the entry to record the April 1 transaction have on total stockholders' equity?
Prepare consolidation worksheet for Crain and Downey at December 31, 2005.
Ending Inventory Calculation for each product & as a whole. Tanzy Company's ending inventory includes the following items. Determine the lower cost or market for ending inventory
The firm earned 423,300. The partners to share income by providing annual salary allowances of 39,000 to kim. 34,000 to tere. and 46,000 to josh. Granting 10 percent interest on the partners beginning capital investements and sharing the remainder..
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D3 is a dummy variable that is equal to one in the third quarter and zero otherwise. Forecast the level of sales in the second quarter of time period ten
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Prepare a cash flow forecast for the appropriate period. Assume that the restaurant will be run for six years, at the end of which the building could be sold for 300,000 pounds but the equipment will have no value at all
how manynbsp unitsnbsp were started and completed from the given data.honeybutter inc. manufactures a product that goes
Approximately, 30% of the inventory purchased during any one year is not used until the following year: Illustrate what is the noncontrolling interest’s share of rockne’s 2011 income? b.Prepare Doone’s 2011 consolidated entries requir..
Evaluate the responsibilities of the contracting officer during the proposal evaluation process
identifying the relavant costs from the given data.a number of costs are listed below that may be relevant in decisions
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