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Is considering the production and sale of a new product with the following sales and cost data: unit sales price $18; unit variable costs $8.10; and total fixed costs of 8,250. legacy is subject to a 25% tax rate. determine the dollar sales needed to generate an after-tax income of 33,000.
federal unemployment compensation taxes are $5,250. at the federal rate of 0.8% and state rate of 5.4%. Create the journal entry to record the payroll tax expense for the period.
The movement of a company's administrative offices from New York City to New Jersey where rent costs are lower and The use of two work shifts instead of three in the manufacturing plant.
George and William Phelps are considering a 6 year project that would require a cash outlay of $80,000 for equipment and an additional $20,000 for working capital that would be released at the end of the project.
Beginning inventory was 20% complete for conversion cost. Ending inventory was 70% complete for concersion costs. Compute the cost of the units transferred out during July and the ending inventory July 31 using the weighted-average method.
Evaluate the number of shares used to determine basic earnings per share for the year ended December 31, 2013.
What is the firm's net income after taxes - If the company's tax rate was 34 percent, what is its net income after taxes?
The shift in the amount of manufacturing overhead costs applied to the mix of products produced that occurs when using a single cost driver rate as compared to using activity-based costing rates
When a corporation has both preferred and common stock outstanding, earnings per share is computed by dividing net income
Which principle states that assets acquired by the business should be recorded at their actual price and company performed services for a customer on account
What is the cash break-even level of output for this project
Purpose an entry Parchment needs to make and compute the balance in Parchment's investment in Silky account. (Do not round calculations of new interest).
elucidate the applicable theories and appropriate accounting for items that arise from less than 100% ownership, including the reporting of assets, liabilities, revenues and expenses.
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