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A product sells for $200 per unit, and its variable costs per unit are $130. The fixed costs are $420,000. What is the break-even point in dollar sales?
The Haskins Company manufactures and sells radios. Each radio sells for $23.75 and the variable cost per unit is $16.25. Haskin's total fixed costs are $25,000, and budgeted sales are 8,000 units. W
Write a well-developed and well-supported 500-word essay analyzing the character of Gabriel as an inhabitant of the modern wasteland as it is depicted in "The Dead.
but would like to maintain its current selling price per unit. How many units must the company sell next year to earn $1,000,000?
Ginger Company's product has a contribution margin per unit of $11.25 and a contribution margin ratio of 22.5%. What is the selling price of the product?
During 2010, Sandwick issued 20,000 shares at $12 per share, purchased 2,000 shares of treasury stock at $13 per share, and sold 2,000 shares of treasury stock at $14 per share. What is the amount o
What is its return on equity capital? Is the ROE you have calculated good or bad? What information do you need to answer this last question?
Explain the conventional accounting concept of depreciation accounting.
The 2008 financial statements of Leggett & Platt, Inc. include the following information in a footnote. What are the company's gross accounts receivable at the end of 2008? (in millions)
What amount does Allstate report for available-for-sale securities on its 2008 balance sheet?
Badgers Inc. issued a 120-day note in the amount of $80,000n on 12/14/08 with an annual rate of 9%. What amount of interest has accrued as of 12/31/08?
Tickets Now does not take control of the ticket inventory. Average ticket prices for the event is $75. How much revenue should tickets Now recognize for each Riverdance ticket sold?
Acme Inc. receives a bill from RoadRunner Inc. for $15,000. RoadRunner has credit terms of 3/15, net 45. If Acme takes advantage of the discount, how much cash do they pay to RoadRunner?
Yahoo! reported the following in its 2008 financial statements (in thousands):What is Yahoo's common-size product development expense for 2008?
What is the purpose of having both a partner-in-charge and a consulting partner on each audit engagement? should the partners be rotated among thier clients periodically? why or why not?
Williams Electric Corp sells $50,000 of bonds to private investors. The bonds have an 8% coupon rate and interest is paid semi-annually. The bonds were sold to yield 9%. What periodic interest
The cost of operating the cutting department two more hours each day is $1,600. The contribution margin of the finished products is $6 each. Inventory carrying costs are $0.40 per unit per day.
Pinick Corp. owns 90% of the outstanding common stock of Shell Company. On December 31, 2011, Shell sold equipment to Pinick for an amount greater than the equipment's book value but less than its o
If a company follows a practice of isolating variances at the earliest point in time, what would be the appropriate time to isolate and recognize a direct material price variance?
If group auditors make no reference to component auditors whose work they have relied on as a part of the basis for their report, the group auditors:
Establishing an accounting policy regarding the minimum dollar amount of purchase that will be considered for capitalization.
What was the annual amount of depreciation for the years 2005, 2006, and 2007, using the straight-line method of depriciation
The 2008 financial statements of BNSF Railway Company report total revenues of $17,787 million, accounts receivable of $873 million for 2008 and $805 million for 2007. what is the company's accounts
The income tax footnote to the financial statements of Life Technologies Company for the year ended December 31, 2008, includes the following information (in thousands). How much of the income tax e
CarMax Inc. reports sales of $6,973,966 and cost of sales of $6,005,796 for the year ended February 28, 2009. what is the gross profit for the year ?