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At a sales volume of 37,500 units, Thoma Corporation's sales commissions (a cost that is variable with respect to sales volume) total $611,250. To the nearest whole dollar, what should be the total sales commissions at a sales volume of 36,000 units? (Assume that this sales volume is within the relevant range.) (Do not round intermediate calculations.)
At December 31, 2008, Mongo, Inc. reported in its balance sheet a net loss of $3 million related to its pension plan. The actuary for Mongo at the end of 2009 increased her estimate of future salary levels. Mongo's entry to record the effect of th..
What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2011
a corporation has 60000 shares of 25 par value stock outstanding that has a current market value of 120. if the
in 2006 ellen contributed property with a basis of 500000 and a fair market value of 3000000 to a qualified small
supply club inc. sells a variety of paper products office supplies and other products used by businesses and individual
Why is the SEC reluctant to accept IAS, now very willing to allow firms using IFRS to issue securities in the US stock market without reconciling to US GAAP?
1. in 2013 rocio invested 30000 in a cattle-feeding partnership that used nonrecourse notes to purchase 100000
What makes a CPA license valuable? a. Time, effort and education it takes to get the license. b. Continuing education after receiving the license. c. Monopoly on public accounting services.
Peter is currently raising corn on his 100-acre farm and earning an accounting profit of $100 per acre. However, if he raised soybeans, he could earn $200 per acre. Is he currently earning an economic profit? Why or not?
updraft systems inc. makes paragliders for sale through specialty sporting goods stores. the company has a standard
Tierney Construction, Inc. recently lost a portion of its financial records in an office theft. The following accounting information remained in the office files: Direct labor cost incurred during the period amounted to 2.5 times the factory overh..
products kappa and sigma are joint products. the joint production cost of the products is 800. kappa has a market value
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