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Presto Candle Supply makes candles. The sales mix (as a percent of total dollar sales) of its three product lines is: birthday candles 30%, standard tapered candles 50%, and large scented candles 20%. The contribution margin ratio of each candle type is as follows. Candle Type Contribution Margin Ratio
Birthday 10% Standard tapered 20% Large scented 45%
What is the weighted-average contribution margin ratio? (Round answer to 3 decimal places, e.g. 2.250.)
Purpose a statement of cash flows. Use the indirect method of reporting cash flows from operating activities
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Tyro Co. uses a standard cost system. The subsequent information pertains to direct labor for product B for the month of May
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the total amount of interest incurred by Clay during Year 8 was $102,000. Illustrate what amount should Clay report as capitalized interest at December 31, Year 8?
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If the predertimed overhead rate is base on machine hours, illustrate what is the total amount credited to the factory overhead account for the year for carlson?
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