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What is the value of total contribution and net profit per unit in the case discussed below? Sales (Units) 100000 Selling Price $ 10 Per Unit Direct Material $ 3 Per Unit Direct Labor $ 2 Per Unit Variable Manufacturing Overheads $ 1 Per Unit Variable Selling Overheads $ 1.5 Per Unit Fixed Manufacturing Overheads $ 2 Per Unit
On January 1, 2011 Phoenix Co. acquired 100 percent of the outstanding voting shares of Sedona Inc. for $600,000 cash. At January 1 2011, Sedona's net assets had a total carrying amount of $420,000.
what types of industries have unearned revenue?why is unearned revenue considered a liability?when is the unearned
During 2011, Gamma accrued warranty expenses of $900 and paid cash to honor warranties of $500. Gamma's taxable income for 2011 would be:
Nichols Company has a selling price of $150 per unit, variable costs $90 per unit and total fixed costs of $300,000. The number of units that Nichols Company must sell to reach targeted operating income of $90,00 is:
an auto plant that costs 220 million to build can produce a line of flexfuel cars that will produce cash flows with a
If fixed costs are $700.000 and the unit contribution margin is $14, what amount of units must be sold in order to realize an operating income of $100.000
The Chandler Corporation began business on January 2, 2007. It is now time for Chandler to prepare its financial statements for 2007. The bookkeeper at Chandler was able to complete the asset section of the balance sheet, but he needs your help to..
write company has a maximum capacity of 200000 units per year. variable manufacturing costs are 12 per unit. fixed
abc company has office furniture that cost 40000 an estimated life of 10 years and a 4000 salvage value. as of january
Prepare journal entries for investments using the fair value and the equity method. How does it relate to the practice of accounting and its uses in business?
A company budgeted unit sales of 102,000 units for January, 2010 and 120,000 units for February, 2010. The company has a policy of having an inventory of units on hand at the end of each month equal to 30% of next month's budgeted unit sales.
Assuming Karen is single, what are the amount and character of the loss recognized on the sale of the Central Corporation stock?
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