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Variable costs = 56% of sales Fixed costs = $187,100 Management's net income goal = $82,092 Contribution margin ratio = (100%-variable cost percentage) Contribution margin ratio = (100%-56%) Contribution margin ratio = 54% Required sales to reach target income of $82,092 = (Total fixed cost + Target income)/(Contribution margin ratio) Required sales to reach target income of $82,092 = (187100+82092)/54% Required sales to reach target income of $82,092 = $498,503.7 Answer wrong according to book a) Manufacturing cost per unit (variable costing) = Direct material + Direct labor + Variable manufacturing overhead Manufacturing cost per unit (variable costing) = $7.73 + $2.52 + $5.92 Manufacturing cost per unit (variable costing) = $16.17 per unit b) Variable costing income statement:- POLK COMPANY Income statement For the year ended December 31, 2012 Variable costing
Find decisions that managers like Choi must make in applying depreciation methods and is Choi's rule an ethical violation, or is it a legitimate decision in computing depreciation?
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when oprah gave away pontiac g6 sedans to her tv audience was the value of the cars taxable?on labor day weekend in
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