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The masks sell for $17.00. Budgeted fixed manufacturing overhead for the most recent year was $396,000. Actual production was equal to planned production. Required: Under each of the following conditions, state (a) whether operating income is higher under variable or absorption costing and (b) the amount of the difference in reported operating income under the two methods. Treat each condition as an independent case. 1. Production 110,000 units Sales 107,000 units 2. Production 88,000 units Sales 93,000 units 3. Production 80,100 units Sales 80,100 units
What is the amount of depreciation expense for each of the five using the straight line method and what is the amount of depreciation expense for each of the five years using the double declining balance method?
the regression equation and the high-low equation, find the increase in revenues for each $1,000 spent on advertising within the relevant range?
Daniel's marginal tax rate is 35% and he has $120,000 of other capital gains (taxed at 15 %), evaluate the tax savings from the special tax treatment?
Determine the operating income for the olive oil division using your recommendation.
The bank will charge a 2 % finance charge on the amount of receivables transferred. The bank will collect receivables straight from customers. The sale criteria are met.
In recent times, there has been a case of accounting for changing price, from the traditional historical cost accounting to more "appropriate" methods.
Prepare general journal entries to account for the capital contributed by the partners. Include narrations and prepare a statement of financial position on the day of formation.
What is the present value of the cash flow stream that the company is offering you
Show the effects of recognizing the NSF check on the financial statements by recording the appropriate amounts in a horizontal statements model
What discount rate did you use to evaluate the investment alternatives offered by the proposed capital expansion and replacement program?
What strategic objectives this Information System address and in each strategic objective (from answer 1), how does Information System improve business process?
The company's net income for the year was $12,000 higher under variable costing than below absorption costing. Specified these facts, Find the number of units of product in inventory at the starting of the year
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