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In the month of March, New Day Spa services 570 clients at an average price of $120. During the month, fixed costs were $21,000 and variable costs were 65% of sales.
Compute contribution margin and break-even point.(SO 5, 6)Instructions
(a)Determine the contribution margin in dollars, per unit, and as a ratio.(b)Using the contribution margin technique, compute the break-even point in dollars and in units.
On January 1, 2010, Fishbone Corporation sold a building that cost $262,300 and that had accumulated depreciation of $101,600 on the date of sale. Fishbone received as consideration a $251,400 noninterest-bearing note due on January 1, 2013.
the drive to incorporate sustainability into every corporations operations is a growing trend in the global economy.
Setting discount rates are too high due to fear of future rates tends to bias decisions against making strategic investments.
for each of the 4 accounts below prepare an example of a journal entry that would cause the account to be 1 debited and
Buffon Electronics Company issues a $1,000,000, 10%, 20-year mortgage note on January 1. The terms provide for semiannual installment payments, exclusive of real estate taxes and insurance, of $58,276. After the first installment payment, the prin..
1. income from operations for divison b is 150000 total service department charges are 400000 and operating expenses
These amounts include $30,000 of monthly depreciation plant and equipment expense. Cash payments are paid such that 60% are paid in the month incurred and 40% are paid in the following month. What are the budgeted cash payments for August?
marinos frozen pizza inc. has determined from its production budget the following estimated production volumes for 12
fussner medical clinic measures its activity in terms of patient-visits. last month the budgeted level of activity was
magnolia inc. manufactures bedding sets. the budgeted production is for 30100 comforters in 2012. each comforter
Is Margaret's behavior regarding the cost information she provided to Susan unethical? Explain your answer.
larry james is planning to invest 25200 today in a mutual fund that will provide a return of 0.09 each year. what will
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