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Gorfin, Inc. currently sells 15,000 units a month for $50 each, has variable costs of $20 per unit, and fixed costs of $300,000. Gorfin is considering increasing the price of its units to $60 per unit. If the price is changed, how many units will Gorfin need to sell for profit to remain the same as before the price change?
Involving employees in the identification and solution of problems often yields the best results. What types of incentives programs could companies put into place to encourage employees to contribute their ideas?
How much goodwill will be reported in the consolidation financial statements on December 31, 2012, at the end of Allen's fiscal year? What is the excess amortization expense for the period ending December 31, 2012?
An auto plant costs $100 million to build but can produce a new line of cars that will produce cash flows with a present value of $140 million if the line is successful. Illustrate the option to abandon in (b) using a decision tree.
what are the steps in the systems development life cycle? which step is most important? why? what are the ramifications
Prepaeration of government-wide financial statements requires the elimination from fund-bases statements of
Is the transaction taxable?
Explain the impact on internal controls if a company decides to "go public." What is the company doing right? Should they buy the indelible ink machine? What is the company is doing wrong? Make recommendations for improvement. Be sure to reference th..
assume that next year research in motion sells off its interest in tip communications one of its subsidiaries.
limbaugh co. uses a job order cost system in the production of unique test equipment for oil drilling. limbaugh planned
Moran Company uses a job order cost system and has established a predetermined overhead application rate for the current year of 150% of direct labor cost, based on budgeted overhead of $900,000 and budgeted direct labor cost of $600,000. Job no. ..
Relate your explanation to the audit functions in your organization, or an organization with which you are familiar.
Calculate coefficient of range for the data in 37, 80, 82, 41, 49, 60, 38, 61, 64, 29
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