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Frank Co. is currently operating at 80% of capacity and is currently purchasing a part used in its manufacturing operations for $5 a unit. The unit cost for Frank Co. to make the part is $6, which includes $.40 of fixed costs. If 4,000 units of the part are normally purchased each year but could be manufactured using unused capacity, what would be the amount of differential cost increase or decrease for making the part rather than purchasing it?
1. as compared to the aicpa code of professional conduct ifacs international code of ethics for professional
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Assume that this transfer qualifies as a like-kind exchange except for the amount of boot (if any). Bert assumes the $240,000 mortgage on the strip mall. Show your work!
Adam & Eve form an LLC and Adam contributes land worth $200,000 (basis of $120,000) with a liability of $80,000 to the partnership. Eve will contribute cash to match Adam's contribution. Adam's basis in his partnership interest is what?
What are the common errors and frauds in the personnel and payroll cycle? Which control characteristic are auditors looking for to prevent or detect these errors and frauds?
rooters cleaning services provided data concerning the costs incurred to clean hotel rooms for which hotel customers
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What is the break-even point expressed in dollar sales? How many units must be sold to earn a net operating income of $100,000 per year? Prepare a formal income statement for the year ended December 31, 2011 under the following:
Is the WACC an average concept or a marginal concept in your opinion? Should we use the historical WACC or the marginal WACC as the appropriate rate to use in capital budgeting analyses?
debt securities sold to investors that must be repaid at a particular date some years in the future are calledaccounts
a business is operating at 90 of capacity and is currently purchasing a part used in its manufacturing operations for
on october 29 2010 lue co. began operations by purchasing razors for resale. lue uses the perpetual inventory method.
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