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The company's variable costs are 75% of the sales price per unit and their fix costs are $240000. if the company earned $60000 in selling 150000 units what was the sales price per unit?
In Walker's December 31, Year 1 elimination of the intercompany sales transaction, the intercompany profit that must be eliminated from ending inventory is:
carter company earned net income of 350000 last year. this year it wants to earn net income of 450000. the companys
Audit working papers are an integral part of an examination in accordance with generally accepted auditing standards. a) Describe three major functions of the audit working papers. b) Distinguish between the permanent working paper file and the curre..
in the month of march picard spa services 500 clients at an average price of 120. during the month fixed costs were
For the year ended December 31, Laramie Industries has a depreciation expense per its tax return greater than its financial statement tax expense, and had recorded warranty expense
A company enters into a futures contract with the intent of hedging an account payable of DM400,000 due on December 31. The contract requires that if the U.S. dollar value of DM400,000 is greater than $200,000 on December 31, the company will be r..
please explain with answer on june 1 2013 dirty harry co. borrowed cash by issuing a 6-month noninterest-bearing note
Mark Company currently sells a video recorder with a selling price of $300 per unit. The variable expense per unit is $175 and fixed expenses are $100,000. If the company reduces variable expenses by $20 per unit and increases the fixed expenses b..
Publicly traded firms are required to report to the investors using an accrual not a cash-basis approach. Do you think they should? What are the advantages? The drawbacks?
the fasb was influenced by feedback from interested parties when pension accounting rules were developed. please cite
A loss of $35,000 from the sale of equipment would be included in which of the activities sections of the statement of cash flow.
on february 5 land building and equipment were purchased for a total amount of 1220000. the assessed values of these
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