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High-low methodThe following cost data pertain to 19X6 operations of Heritage Products:Quarter 1 Quarter 2 Quarter 3 Quarter 4Shipping costs $58,200 $58,620 $60,125 $59,400Orders shipped 120 140 175 150
The company uses the high-low method to analyze costs.a. Determine the variable cost per order shipped.b. Determine the fixed shipping costs per quarter.c. If present cost behavior patterns continue, determine total shipping costs for 19X7 if activity amounts to 570 orders.
Blocker, Inc. had $10,000 of notes coming due on January 10, 2011- how much of the $10,000 note should be shown as current?
Depreciation of general capital assets is not recorded in the accounts of any of the governmental funds. If a building is transferred from the General Fund to an internal service fund because the character of its use changes, should the internal s..
What controls should an organization like Tyco implement to ensure that such transactions do not take place in the future?
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Mary (Who is single with no dependants and who does not itemize) owns 100% of Beezer Tweezer Co, which is organized as a C-Corporation. Beezer Tweezer has $400,000 of taxable income in 2011 and Mary has $34,500 of outside taxable income before any..
You read in the wall street journal that 30 day US treasury bills are currently yielding 8%. your brother in law, a broker, a broker at Kyoto Securities, has given you the following estimates of current interest rate premiums:
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