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If total fixed costs are $1,200,000 and variable costs as a percentage of unit selling price are 40%, then the break-even point in dollars is.. A. $2,000,000 B. $480,000 C. $3,000,000 D. not determinable with the information given.
Cash flows from operating activities, indirect method - Prepare a schedule of cash flows from operating activities using the indirect method.
Evans made an installment sale on 2-1-2012 totaling $200,000. The merchandise cost $140,000. Ignore interest. Collections totaled $40,000 in 2012, $80,000 in 2013 and $30,000 in 2014. Using the cost recovery method, how much profit would be shown ..
Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.
Through the year, Designs, Inc. made estimated tax payments of $1,500 each quarter to the IRS.
Compute the new cost per unit for each of the products considering the increase in capacity. Show the computation for each per unit product cost in detail and What is the cost of the unused capacity
What was the amount of direct materials charged to Job number 83 and the ending inventory was 25% complete as to the conversion cost. 100% of direct material was added at the beginning of the process. What was the total cost transferred out?
Why is a code of conduct important? What should it contain and in the long run, many agencies will adopt an automated tool to assist in the documentation, testing and evaluation of internal control. Why is that?
Advise whether there have been any breaches of the directors' duties in relation to insolvent trading. Also advise whether any defences are available to the directors
Identify the key steps in the closing process that provide the most opportunity to make mistakes in processing account transactions. Make at least two (2) recommendations for improving the accuracy and reliability of the information in the gaps
Prepare the cash flows from operating activities section using the direct method.
Gilberto Company currently manufactures one of its crucial pars at a cost of $4.45 per unit. This cost is based on a normal production rate of 65,000 units per year. Variable costs are $1.95 per unit, fixed costs related to making the part are $65..
Discuss the actions of Leo in relation to the new company. Does the new company have to pay the lease and if so what would be the procedure?
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