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Start with the original assumptions. Notice that managed care plan #1 receives a much lower price in return for sending a larger volume of patients. Managed care plan #2 (MC#2) wants to pay a lower cost per case and is willing to send 250 more patients to the clinic in return for a rate of $110 per case. Assume that the average cost per case drops to $90 due to the economies of scale. All other assumptions are unchanged. What is the new required price?
Hess Co. manufactures a product that sells for $12 per unit. Total fixed costs are $96,000 and variable costs are $7 per unit. Hess can buy a newer production machine that will increase total fixed costs by $22,800 but variable costs will be decre..
Martin Company sells a certain product for $15 per unit. The beginning inventory is 40,000 units, and the desired ending inventory is 32,000 units. If budgeted production is 100,000 units, what is the forecasted sales revenue from the product?
What amount should Munoz report as its current federal income tax liability on its December 31, 2011 balance sheet?
which of the following types of cost would not form part of the prime cost of a product?the factory overhead costs.the
The following transactions occurred during March 2013 for the Wainwright Corporation. The company owns and operates a wholesale warehouse.
a retail clothing company began operations in 2014 with assets of 43800. the following additional data have been taken
Review the provisions of the Sarbanes-Oxley Act which was created in 2002 to address the accounting scandals in the late 90s early 00s (Enron, WorldCom, etc.). Identify the provisions that you feel made the biggest impact.
Jay transferred his farm land to an LLC in exchange for a 50% interest in the capital, profits and losses. His basis in the land was $600,000 and its fair market value was $1,000,000.
Determine the contribution margin in dollars, per unit and as a ratio and using the contribution margin technique, compute the break-even point in dollars and in units.
in may 2011 french real estate company issued convertible bonds with a total face value of 480 million. each 1000 bond
Compute the current ratio for each year and comment on your results - balance sheets of Bob Evans Farms
Who has the authority to define accounting standards? Why are standards needed?
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