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You received an email from Carl the operations manager from the California Container division. They produce packaging for cell phones. Carl understands that his product is an important cash producer for the company. •The delivery price is based on long term contracts. •The price of the supply of cardboard has increased due to a .15 fuel surcharge added to the cost. •Carl has a fixed monthly cost of $257,000 and delivers 3.3 million packages in the same time period for a price of $3.24. •The variable cost of the previous package was a $1.37. Provide the following information to Carl in an email •At what volume was the old break-even and what is the new break-even? •In order to make the same profit how many more packages needs to be produced?
Q. Objectives of financial reporting? Financial reporting objectives are the broad overriding objectives sought by accountants engaging in financial reporting. According to the
Government: In a mixed economy this is seems to be the duty of the Government to direct the operation of the economic system in that a way which it subseries the general good. Con
Terry Dorsey started Dorsey Hardware a tiny hardware store two years ago and has struggled to make it successful. The first year of operations effected in a substantial loss in the
Q. External users of accounting information? The external users of accounting information grouped into groups; everyone has different interests in the company and wants answers
The Bayside Company uses the LIFO cost flow method to value inventory. In the current year, profit at Bayside is running unusually high. The corporate tax rate is also high this ye
stion 8 of 20 5.0 Points Merchandise lists for $5,000 with a trade discount of 10% and terms of 5/30, 3/60, n/90. If the purchaser is invoiced on April 12th and payment is m
After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $673,400, and Allowance for Doubtful Accounts has a balance of $11,90
Under both GAAP and tax depreciation, an asset cannot be depreciation until it has been
Honesty AL, CPA, is compiling financial statement of significant accounting policies, Honesty AL discovers that the method used to value inventory in the past was stated as "invent
Current Assets are $70,000, non-current assets are $150,000, current liabilities are $40,000 and long term liabilties are $30,000. What is the debt to equity ratio? 0.47 Stock h
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