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Products Alpha and Beta are joint products. The joint production cost of the products is $800. Alpha has a market value of $400 at the split-off point. If Alpha is further processed at an additional cost of $600, its market value is $1,400. Product Beta has a market value of $1,200 at the split-off point. If Product Beta is further processed at an additional cost of $300, its market value is $1,400. Using the relative sales value method, calculate the joint product cost that would be allocated to Alpha and Beta. How do you know if one of the products should be further processed?
A company must incur annual fixed costs of $2,000,000 and variable costs of $300 per unit and estimates that it can sell 20,000 pumps annually and marks up cost by 30 percent. Using cost-plus pricing, what is the cost per unit and the price? What are advantages and disadvantages of cost-plus pricing?
The tax rate is 30% and the FIFO method will result in income before taxes of $5,460. The LIFO method will result in income before taxes of $4,935. What is the difference in tax that would be paid between the two methods?
page inc. a computer manufacturer located in texas lost an uninsured building due to the infrequent and unusual
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the peace company has the following functional traditional income statement for the priornbspmonth.sales50 100000
eat covers produced amp sold 1500 units 1700 units 2100 units total costs variable costs 15750 fixed costs per year
eampk company has a net book value of 220000. the company has a 10 cost of capital. the firm expects to have profits of
suppose you just won the state lottery and you have a choice between receiving 2550000 today or a 20-year annuity of
Suppose that the total cost for your current year in college equals $20,000. Approximately how much would your parents have required to invest twentyone years ago in an account paying 8 percent compounded annually to cover this amount?
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