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In 2014, X Company sold 54,500 units of its only product. The following is budgeted per-unit information for 2015:
Selling price
$32.90
Direct materials
5.61
Direct labor [all variable]
5.81
Variable overhead
4.44
Variable selling and administrative
5.24
Fixed overhead and fixed selling and administrative costs are expected to total $305,200. If X Company wants to earn $41,000 after taxes in 2015, and the tax rate is 31%, how many units must it sell?
prepare direct materials price variance efficiency variancelabor rate variance labor efficiency variance and pass
Under Plan II, there would be 300,000 shares of stock outstanding and $10 million in debt outstanding. The interest rate on the debt is 10 percent, and there are no taxes. If EBIT is $1.5 million, which plan will result in the higher EPS?
Break-even-analysis - What effect would the purchase of the new machine have on Acme's break-even point in units
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Blank Co. acquired 25% of the 500,000 shares of outstanding common stock of Overload Inc. on December 31, 2014. The purchase price was $3,600,000. Overload declared and paid $1.20 per share cash dividends on June 18, 2015, and on November 29, 2015. O..
What is the total direct labor rate (price) variance for October? What is the total direct labor efficiency variance for October? What is the total direct materials purchase price variance for October?
1-during march tile company purchases and uses 6600 pounds of materials costing 26730 to make 3000 tiles. tile
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What is the effect on reported net income for 2010 of this error, assuming straight-line amortization of the discount? What entry is necessary to correct for this error, assuming that the books are not closed for 2010?
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