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Eagle Company makes the MusicFinder, a sophisticated satellite radio. Eagle has experienced a steady growth in sales for the past five years. However, Ms. Luray, Eagle's CEO, believes that to maintain the company's present growth will require an aggressive advertising campaign next year. To prepare for the campaign, the company's accountant, Mr. Bednarik, has prepared and presented to Ms. Luray the following data for the current year, Year 1: Variable costs: Direct labor (per unit) $ 100.00 Direct materials (per unit) 45.00 Variable overhead (per unit) 20.00 Total variable costs (per unit) $ 165.00 Fixed costs (annual): Manufacturing $ 400,000 Selling 300,000 Administrative 800,000 Total fixed costs (annual) $ 1,500,000 Selling price (per unit) 400.00 Expected sales revenues, Year 1 (25,000 units) $ 10,000,000 Eagle has an income tax rate of 35 percent. What is the break-even point in units for Year 1?
designer fads company a local retail clothing store was established april 1 2013. the company issued 8500 shares of 10
nancy tercek the financial vice president and margaret lilly the controller of romine manufacturing company are
rosen and noble decide to organize a partnership. rosen invests 15000 cash and noble contributes 12000 cash and
portland companys ironton plant produces precast ingots for industrial use. carlos santiago who was recently appointed
For the most recent week (Big Bob's is open 7 days a week), Big Bob served 1,200 1-pound hamburgers using 1,250 pounds of ground beef for the 1,250 pounds of ground beef. In addition, Big Bob paid his supplier $3.20 per pound of ground beef for th..
listed below are the transactions that affected the shareholders equity of branch-rickie coporation during the period
Alberta, a large segment of the press release was devoted to outlining all of the expected benefits to be received from the assets acquired. The acquisition price represented a 35 percent premium over Gulf a closing share price on the announcement..
the following information pertains to the east division of saturn companynet
ti co a manufacturer of stero started its production as retailer in oct 08 for 3 years then decided to turn it to stero
novelties inc. produces and sells highly faddish products directed toward the preteen market. a new product has come
The Act of 2010 to modernize German accounting reflects both a willingness to change as well as to retain traditional German accounting practices. Do you agree with the preceding statement? Explain.
aero inc. had the following balance sheet at december 31 2011.aero inc.balance sheetdecember 31 2011cash 23210
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