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Malibu Corporation has monthly fixed costs of $66,000. It sells two products for which it has provided the following information: Sales Price Contribution Margin Product 1 $15 $9 Product 2 20 4
a. What total monthly sales revenue is required to break even if the relative sales mix is 30 percent for Product 1 and 70 percent for Product 2? (Round your answer to the nearest dollar amount.)
b. What total monthly sales revenue is required to earn a monthly operating income of $16,000 if the relative sales mix is 20 percent for Product 1 and 80 percent for Product 2?
five trucks were leased by pleasantville under terms qualifying as a capital lease. these trucks are to be used by the
Dogwood City's water enterprise fund received interest of 10,000 on long term investments. How should this amount be reported on the statement of cash flows?
med max buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to hundreds
Assuming there are no antidilutive securities, what is the number of shares Feterik should use to compute diluted earnings per share for the year ended December 31, 2011?
record in good journal entry format the following transactions1. april 10 300 units of raw materials were purchased at
Hazel has investments in two nonrental passive activities: What is the total of Hazel's suspended losses from these activities?
from the following information for alfred industries compute the overhead spending variance and the volume
a company has bonds outstanding with a par value of 100000. the unamortized discount on these bonds is 4500. the
burgh industries sold 190000 of kitchen appliances during september under a one-year warranty. the cost to repair
Use the checklist to outline phases of the internal control evaluation. You may use the (1) components of internal control, or (2) relevant assertions as headers within your checklist.
On January 1, 2011, Tonge Industries had outstanding 450,000 common shares (par $1) that originally sold for $20 per share, and 4,000 shares of 10% cumulative preferred stock (par $100), convertible into 40,000 common shares.
A truck costs $16,000 with a residual value of $1,000. It has an estimated useful life of 5 years. If the truck was bought on July 3, what would be the book value at end of year 1?
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