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Eat Covers Produced & Sold 1,500 units 1,700 units 2,100 units Total Costs: Variable Costs 15,750 Fixed Costs per year TOTAL Costs Per Unit Variable Costs per unit Fixed Costs per unit Total Cost per unit 31.00 2) & 3) Seat Covers Produced & Sold 1,500 units 1,700 units 2,100 units Total Revenue/Sales Less Total Variable Costs Contribution Margin Less Fixed Costs Profit Contribution Margin Ratio
1.)complete the table
2.) Identify three costs that would be classified as fixed and three as variable costs for this company.
3.) Suppose Paddle Away sells its canoes for $500 each. Calculate the contribution margin per conoe and the contribution margin ratio.
4.) Next year Paddle Away expect to sell 800 canoes. Prepare a contributions margin income statement for the company.
Case that financial executives have a higher threshold for materiality than either certified public accountants or financial analysts who, in turn, have a higher materiality threshold than users.
A company purchased a POS cash register on January 1 for $5,400. This register has a useful life of 10 years and a salvage value of $400. What would be the depreciation expense for the second-year of its useful life using the double-declining-bala..
Discuss FOUR methods of valuing stock and distinguish between „Cost? and „Net realizable value?.
If I bought 400 shares of AllTell stock for $15 per share and one year later, sold the stock for $21 per share, and receive a $0.90 cash dividend:
Prepare the stockholders' equity section of the company's balance sheet at the end of the current year.
your company has been offered credit terms of 430 net 90 days. what will be the nominal annual percentage cost of its
Prepare a Balance sheet, income statement, and cash flow statement for the data below?
landel corporation issued 1000000 of 10-year 9 bonds onjanuary 1 2009. the bonds pay interest semiannually. how much
Prepare a comparative common-size income statement for Stamps Music Ltd. using the 2014 and 2013 data of exercise E13-14 and rounding percentages to one-tenth percent
How are bad debts accounted for under the direct writeoff method and what are the disadvantages of this method?
The St. Augustine Corporation originally budgeted for $360,000 of fixed overhead. Production was budgeted to be 12,000 units. The standard hours for production were 5 hours per unit.
Use the gross profit method to estimate the cost of the ending inventory for November - Estimating ending inventory by the gross profit method
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