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Question 1
This week you are analyzing the costs and calculating break-even for your cookie company. In this discussion forum please talk about your different products and packaging configurations. How could you positively affect your profit using sales mix? What are some ways you can decrease your break-even point?
Question 2
The International Accounting Standards Board (IASB) is always working on new projects. Navigate to the IASB's website and locate the current projects. Select one of the current projects and read through the information presented on the website. Briefly discuss what you learned about the project with your classmates. In your post, describe the project, the accounting issues, and what the IASB is doing to deal with the accounting issue. Identify why you feel this project is important to defining international standards.
Question 3
The way a company markets their product is essential in the competitive marketplace. In the food industry for instance, Wendy's and McDonalds have taken totally different approaches when it comes to product marketing. Wendy's has taken the adult approach, basically overlooking the market of the children. McDonalds, on the other hand, has long pursued the children's market through their advertising and toy giveaways.
Taking a look at the perspectives of these organizations and their different approaches toward attaching opportunity and facing potential threats, which company do you think is positioned better going forward in the future? Explain each position in detail.
Your company will generate $55,000 in revenue each year for the next eight years from a new information database. The computer system needed to set up the database costs $250,000.
On April 1, 2005, Hofiani Company purchased a one year insurance policy for $3,600. What was the journal entry which Hofiani Company made on April 1, 2005?
millenium bought a custom-made piece of equipment for 36000. this equipment has a useful life of 6 years. millenium
How should Strickland report the gain or loss on the disposition of machine and on restructuring of debt in its 2010 income statement?
Patience and kindness has been the key to your business success.
it costs lannon fields 14 of variable costs and 6 of allocated fixed costs to produce an industrial trash can that
Discuss the advantages of understanding accounting as it relates to your current or future position. (Consider careers in management, sales, business operations, finance, and business ownership.)
four yards of material are required to lay out the dress pattern. some material remains after cutting which can be sold
madsen company had five convertible securities outstanding during all of 2014. it paid the appropriate interest and
income from operations for division z is 150000 total service department charges are 400000 and operating expenses are
marissa inc has a contribution margin of 40 and fixed costs of 220000. what sales revenue is needed to attain a 60000
organization demonstrates the ability to analyze content logically concisely and in an appropriate manner to
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