How much is the selling price per unit
At the break-even point of 2,000 units, variable costs are $55,000, and fixed costs are $34,000. How much is the selling price per unit?
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On January 1, Patel Company has a beginning cash balance of $21,000. During the year, the company expects cash disbursements of $170,000 and cash receipts of $145,000.
Mizzou Mining Company mines an iron ore called Alpha. During the month of December, 400,000 tons of Alpha were mined and processed at a cost of $742,500.
In 2011, Masset sold 3,000 units at $300 each. Variable expenses were $210 per unit, and fixed expenses were $120,000. The same selling price, variable expenses.
The Durn Company began operations at the beginning of 2010. At the end of 2010 the company reported taxable income of $9,800 and financial income of $11,200, because of a single temporary difference.
In 2010, Thornton sold 3,000 units at $500 each. Variable expenses were $250 per unit, and fixed expenses were $200,000. The same selling price is expected for 2011.
Use the following information to decide whether the this lease qualifies as an operating or capital lease for Keller, and give an explanation using the four classification criteria.
Madison Industries has equivalent units of 2,000 for materials and for conversion costs. Total manufacturing costs are $160,000. Total materials costs are $120,000. How much is the conversion cost per unit?
The equipment has an estimated economic life of seven years and has zero residual value at the end of this time. Straight-line depreciation is used for similar assets.
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