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Suppose Flow Cruiselines decides to offer two types of dinner cruise. Regular cruise includes complimentary cocktails and five course dinner on the upper deck assumes that fixed expense remain at $210,000 per month and that the following tickets prices and variable expense apply. Regular Executive Sale price per ticket $ 50 $130 Variable expense $ 20 $40 Assuming that Flow Cruiselines expects to sell four regular cruises for every executive cruise, compute the weighted average contribution margin per unit. It is higher or lower than a simple average contribution margin? Why it is higher than the regular cruise contribution margin of $ 30. Why? Will this new sales mix Cruise Flow Cruiselines breakeven point to increase or decrease from what it was when it only sold regular cruises. Assuming that Flow Cruiselines expect to sell for regular cruises for every one executive cruise, compute the weighted averaged contribution margin per unit. Determine the formula then complete table one section at a time. Round answers to two decimal places.
With the globalization of corporate business and cross border security listings, the need for a common set of accounting standards to be applied worldwide emerged to the surface. Both the IASB and the FASB have taken steps towards this goal.
XYZ Company has forecasted June Sales of 600 units and July sales of 1000 units. The company maintains ending inventory equal to 125% of next month's sales. June inventory reflects this policy. What is June's required production?
Accrued Vacation Pay
You're an IT auditor working for $15 million sales per year speciality chocolate candy manufacturer. The company is planning to engage in e-commerce over Internet. What would be your five biggest concerns regarding risk and why?
the mcgraw company has the following information availablemonth budgeted salesjune 68000july 72000august 74000september
Prepare an income statement and a supporting schedule of cost of goods manufactured for the year ended December 31, 2009.
At the end of your accounting cycle, you have $500,000 in customer deposits. How do you state and properly account for this activity in your financial statements?
Detailed audit procedure:Select a sample of sale from the sale journal
What is accounting cycle? What is accounting procedure? What are the books of maintenance?
the manufacturing overhead budget of inch corporation is based on budgeted direct labor hours. the september direct
On July 6 Zonker Company acquired the plant assets of Doonesbury Company, which had discontinued operations. The appraised value of the property is:
over the past few years microsoft founder bill gates net worth has fluctuated between 20 billion and 130 billion. in
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