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1. Wayne owns a shaved ice stand. He sells 700 shaved ice cups per month at $1.50 each, making the total revenue $1050. Each shaved ice costs Wayne $0.50 and he has fixed cost of $750, making his total cost $1100.Therefore, he realizes a loss of $50 a month. Help him determine what his break-even point is.
2. Based on the above Excel Problem; if the total capacity for this business is 725 will you stay in it? If you want to stay in it what price you need to obtain a break-even point of 725?
On January 2, 2013, Bering Co. disposes of a machine costing $ 44,000 with accumulated depreciation of $ 24,625. Prepare the entries to record the disposal under each of the following separate assumptions.
koffee express operates a number of espresso coffee stands in busy suburban malls. nbspthe fixed weekly expense of a
dt co. produces picture frames. it takes 3 hours of direct labor to produce a frame. dts standard labor cost is 11.00
A fixed asset with a cost of $41000 and accumulated depreciation of $36000 is traded for a similar asset priced at $50000. Assuming a trade-in allowance of $4000, the cost basis of the new asset is?
Kevin is a candidate for an undergraduate degree at a local university. During 2010, he was granted a fellowship that provided the following: What amount can Kevin exclude from gross income in 2010?
Do you think the Sarbanes-Oakley Act has made a difference in the ethical behavior of companies reguarding their financial accounting?
Emerson produces all of its toasters in a single plant. Normal activity is 45,000 units per year. Standard overhead rates are computed based on normal activity measured in standard direct labor hour. During the year, Emerson experienced the follow..
context corporation reports the following components of stockholders equity on december 31 2011. common stock-10 par
Accounting for Extractive Industries Production commences in Site One
from the enron case assume that you are new members of the board of directors for enron. what questions would you ask?
please give correct answer and explain how you got that answer. i chose c and got 12 credit for it being partially
STL Entertainment is considering the acquisition of a sight-seeing boat for summer tours along the Mississippi River. The following information is available:
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