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The following information is available for each unit of the finished product produced and sold: Sales price 55SR Variable manufacturing cost 15 Fixed manufacturing cost 10 Variable marketing and administrative cost 4 Fixed marketing and administrative cost 2 The unit fixed manufacturing cost and fixed marketing and administrative cost are based on an estimated volume of 4,000 units produced and sold. Determine full absorption cost, variable cost, full cost, gross margin, and operating profit per unit.
the cavy company estimates that the factory overhead for the following year will be 1250000. the company has decided
which of the following is an example of achange in accounting principle?1a change indepreciation methods.2a change in
Educational Incentives
explain the value of separating cash flows into operating activities investing activities and financing activities to
Revenue represents the benefit a company experiences from operating its business. In accounting terms, revenues are increases in assets or decreases in liabilities resulting from business operations. Accrual accounting requires companies to recogn..
For the month of March, the company planned for activity of 5,700 units, but the actual level of activity was 5,660 units. The actual selling and administrative expense for the month was $522,860.
Expenditures were $3,000,000 in 2006 and $2,015,000 in 2007, including a change order in the amount of $15,000. What amount should be added to net capital assets in the governmental activities accounts in 2007?
johnson complex fabrications is a metal parts manufacturing company. it has developed a new process for producing
inventory purchase budget using the sales-managers estimate 1st 2nd 3rd 4th sales 380000 310000 280.000 480000 cost of
At the break-even point of 1,500 units, variable costs are $60,000, and fixed costs are $30,000. What would operating income be if 1,501 units are sold?
For several years a client's physical inventory count has been lower than what was shown on the books at the time of the count so that downward adjustments to the inventory account were required. Contributing to the inventory problem could be weak..
Prepare an income statement for the year ended December 31,2009. Assume that 11,000 shares of stock are outstanding.
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