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Shore Co sells two products, Kayaks and Motors. Last year Shore sold 12,600 units of Kayaks and 23,400 units of Motors. Related data are:
Product Unit Selling price Unit variable cost unit contribution margin
Kayaks $120 $80 $40
Motors $80 $60 $20
Assuming that last year's fixed costs totaled $910,035, what was Shore Co.'s break-even point in units?
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Identify and discuss the arguments presented by Chwastiak (1999) in her critique of the assumptions of positive accounting theory, and in her vision for a more transformative role of accounting.
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Prepare a horizontal common-size analysis with change in dollars, using March 31, 2012 and prepare a vertical analysis for the years ended March, 2012 and 2013
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