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Cobb Corporation produces three products, A, B and C. The normal volume is 900 units of A, 120 units of B and 180 units of C. The price per unit is $5, $7, $10, for products A, B, and C, respectively. The variable cost per unit is $2, $3, $4, for products A, B, and C. respectively. The total fixed costs are $5,800.
What is the weighted average contribution margin per unit?
1. Earnings per share (EPS) indicate the portion of the company's profit that has been allocated to each share of common stock. EPS is a profitability ratio.
What are the pros and cons of monetary rule vs monetary discretionary rule? This a very hot topic in for congress, for the Fedral Reserve, and for economists. Another thought is the interest that the FEd pays on reserve balances rule or discretion?
Calculate general administrative , and selling expenses of sales for the years ended January 31, 2009, and January 31, 2008, By what percent did these expenses increase or decrease from fiscal year 2007 and 2008? The company's fiscal year ends on ..
Ekman Company issued $1,500,000, 14-year bonds and agreed to make annual sinking fund deposits of $71,300. The deposits are made at the end of each year into an account paying 6% annual interest. What amount will be in the sinking fund at the end of ..
Compare revenue recognition criteria of U.S. GAAP and IFRS. Be prepared to give examples from real-life experiences, research, and/or readings
The trustee has a $700 short term capital loss carryover starting prior year. Prepare a Form 1041, and any required Schedule K-1 for Barclay Trust. Ignore alternative minimum tax . The bond is not private activity bonds. Attach schedule to illustr..
Multiple Choice questions based on basics of accounts and Communication of economic events is the part of the accounting process that involves
Cosby uses a weighted-average process-costing system. All materials are added at the beginning of the process; conversion costs are incurred evenly throughout production. The company finished 40,000 units during the period and had 15,000 units in pro..
When a new partner is admitted to a partnership
Evaluate a few ratios and compare Reed's results with industry averages. (Some industry averages are shown in Exhibit.) What do these ratios indicate?
computing ending inventory and cost of goods sold under fifo and lifo cost-flow assumptions.cost flow assumptions -
List out the items that must be certified by corporate management in accordance with the provisions of the Sarbanes-Oxley Act. Discuss how these responsibilities have likely changed the period-to-period activities of the certifying managers.
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