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Corporation has determined the contribution margin ratio is 35% and the income tax rate is 40%.Required:A) Assume break-even volume in dollars is $1,500,000. What are total fixed costs?B) Assume Corporation wants after-tax net income of $300,000. What volume of sales in dollars is necessary to achieve this net income?
In an application of a hand-held clinical thermometer for the National Health Service it is required to use disposable temperature sensors and digital read out of temperature betwe
What is buffer stock
Implementation of Re-Apportionment of Overheads The re-apportionment of service department costs may be implemented in a number of methods. The Two extremes are as a) Wh
The following information relates to Araceli Manufacturing Company: total estimated manufacturing overhead cost at beginning of year $864,000 predetermined overhead rate (based
Example of Contract Account A company has been awarded a contract to build a house. It is a contract Number 45 for the company and the contract price is shs.2.65 millio
what is the scope of cost accounting?
cost accounting as a descriptive/analytical discipline
Reasons for Cost Allocation 1. To provide comparison along with externally provided services: It helps in assessing where to continue the contact or service outsiders. 2.
Great Pumpkin Farms just given a dividend of $3.50 on its stock. The growth rate in dividends is expected to be a constant 5 percent per year indefinitely. Investors need a 16 pe
some clarificationon how to compute closing stock and openning stock using marginal costing technique and absorption.
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