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Contribution margin is important because it tells us how much we have to keep towards the fixed costs. What if our contribution margin is negative? Is that a product that we definitely shouldn't keep selling? Why or why not?
Hall Company had sales in 2014 of $1,812,500 on 62,500 units. Variable costs totaled $875,000, and fixed costs totaled $402,600. A new raw material is available that will decrease the variable costs per unit by 29% (or $4.06). However, to process the..
investment losses need not impair the principal of not-for-profits endowment funds. in 2014 the rubin center for the
Prepare the necessary closing entries at December 31 and prepare a post-closing trial balance at December 31
Generally accepted accounting principles require that the inventory of a company be reported at:
Operating profit is analysed before taxation as CGD has no control over group tax planning and estimates that its allocated overheads will drop by 80% the introduction of the owner driver scheme.
Bernstein Inc. Bernstein Inc. is a local retailer. The following selected information is available from their 2011 and 2012 financial statements: Refer to the Bernstein Inc. information above. What was Bernstein's accounts receivable turnover ratio f..
Calculate NPV and IRR to determine capital return analysis - Perform sensitivity analysis - Calculate the changes in the NPV.
Wahoo Inc. Has fixed costs per unit of $20 when the company produces 25,000 units. At the same level of production, total variable costs are $200,000. Illustrate what is the total cost when Wahoo produces 50,000 units?
Why does the GAAP not allow a company to use the percentage of sales and the percentage of receivables methods at the same time?
In Jan. Lance sold stock with a cost basis of $26,000 to his brothe, James for $24,000, the fair market value of the stock at the time of sale. Five months later, James sold same stock for $27,000. Illustrate what is the tax effect of these transa..
In 2015, Mitchell actually produced 5,000 units of product. Mitchell spent $497,250 on 25,500 pounds of DM (all of these materials were requisitioned by the production department in 2015). Mitchell spent $194,750 on 9,500 DL hours. Mitchell spent $19..
a city government estimates that they must accrue 1.5 million per employee to finance each employees retirement
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