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Eckels Wares is a division of a major corporation. The following data are for the latest year of operations:
Sales $24,900,000Net Operating Income $1,319,700Operating Assets, 1/1/2012 $6,200,000Operating Assets, 31/12/2012 $5,800,000The company's minimum required rate of return 12% Required:Compute the following for the year 2012:
a. What is the division's margin?b. What is the division's turnover?c. What is the division's return on investment (ROI)?d. What is the division's residual income?
WHAT IS LABOUR COST?
explain one operation: unit or output cost
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Bases of Cost Classification These various bases of cost classification are summarized in the diagram underneath as: Here, we will usually refer to either of these ter
Use a selected company or your current work environment to identify at least one cost or expense that would fit under each of the following categories: • Variable • Fixed • Mixed •
what is the procedure of purchase of materials in large organisation?
Material Price Variance (MPV) This may be described as the difference amoung the actual price and the standard price of the materials consumed. MPV = Actual quantity used (S
You are the manager of a firm that sells output at a price of $40 per unit. You are interested in hiring a new worker who will increase your firm's output by 2,000 units per year.
i have a factory and 87 employees . we have a closure plan in 12 months. what would be the charges?
Why is it important for financial statements and other external reports to be based on generally accepted accounting principles?
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