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Clyde's Marina has estimated that fixed costs per month are $300,000 and variable cost per dollar of sales is $0.40.
Required:
a. What is the break-even point per month in sales dollars?b. What level of sales dollars is needed for a monthly profit of $60,000?c. For the month of July, the marina anticipates sales of $1,000,000.What are the expected level of profit?
We want a flexible budget because costs are difficult to predict. We need the flexibility to change budgeted costs as input prices change.' Does a flexible budget serve this purpose? Explain.
During the current month, a company that uses a job order cost accounting system incurred a monthly factory payroll of $ 175,000, paid in cash.
Determine the estimating cost function with machine-hours as the cost driver Use the high-low method to determine the estimating cost function with kilowatt-hours as the cost driver.
What are the advantages and disadvantages of standard costing in management accounting?
The following data are available for Jupiter Consultants for the year just ended:
i have already paid you 35 dollars for this solution but have not received it how do i complete the
Compute or identify the following profitability ratios of Hershey for its years ending December 31, 2009, and December 31, 2008. Interpret its profitability using the results obtained for these two years.
Consider the analysis of the decision performed by the company's chief accountant and compare it to your analysis in part a. What is the fundamental flaw in the chief accountant's work?
What is full costing? Define and compare job order costing and activity-based costing.
milton and rhodes perform consulting services for e-commerce consulting and information systems in western australia.
jay rexford president of photo artistry company was just concluding a budget meeting with his senior staff.nbsp it was
Compute the direct materials cost variances, including its price and quantity variances and compute the direct labor variances, including its rate and efficiency variances.
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