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Malibu Corporation has monthly fixed costs of $65,000. It sells two products for which it has provided the following information:
a. What total monthly sales revenue is required to break even if the relative sales mix is 40 percent for Product 1 and 60 percent for Product 2? (Round your answer to the nearest dollar amount. Omit the "$" sign in your response) Sales revenue $ b. What total monthly sales revenue is required to earn a monthly operating income of $12,000 if the relative sales mix is 25 percent for Product 1 and 75 percent for Product 2? (Round your answer to the nearest dollar amount. Omit the "$" sign in your response)
1. What effects does stock-based compensation have on the financial statements of an entity? 2. How does this affect the investor's opinion of a company? 3. What advantages or problems due to you see with this type of payment?
Smith Manufacturing's bank has just informed the company's CFO that an audit is required to obtain an operating line of credit (LOC). The company needs the LOC to maintain its cash flow.
the following information pertains to aampe co.s defined benefit pension plan for the year 2013.projected benefit
during clean dirt inc.s first year of business salary expense was 60000. at the end of its first year of business clean
question 1 the cost to produce part a was 20 per unit in 2012. during 2013 it has increased to 23 per unit. in 2013
Prepare journal entries to record the actual revenues and expenditures. Assume all transactions resulted in increases or decreases in cash.
Compute taxable income and income taxes payable for 2013.
a dairy allocates the cost of unprocessed milk to the production of milk cream butter and cheese. for the current
Assuming the lawsuit was resolved in February of 2012 (at which time a $200,000 loss was recognized for tax purposes) and that Begal's tax rate is 30 percent for both 2011 and 2012, what amount should Begal report as asset for net deferred income ..
x company a merchandising company had the following transactions during the year1 received 8175 in cash contributions
april may juneoccupancy 1500 1650 1800day manager salary 4200 4200 4200night manager salary 3700 3700 3700cleaning
Which of the following methods of determining bad debt expense does not properly match expense against revenue?
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