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    Break-even point determined

    Sales total $200,000 when flexible (variable) costs total $150,000 and capacity-related (fixed) costs total $30,000. The break-even point in sales dollars is ____. $200,000, $120,000, $40,000, or $30,000 please advise answer & why - thanks!

    Contribution Margin Equals

    The contribution margin equals________. revenues minus manufacturing support costs, revenues minus total manufacturing costs, revenues minus flexible (varible) costs, or revenues minus capacity-related (fixed) costs

    Accounting/ I am a little lost and needed help with this problem

    Dr. Stephanie White, the Chief Administrator of Uptown Clinic, a community mental health agency, is concerned about the dilemma of coping with reduced budgets next year and into the foreseeable future, but increasing demand for services. In order to plan for reduced budgets, she must first identify where costs can be cut or redu

    Market Research

    The following applies to all 4 parts: After conducting a market research study, Morla Manufacturing decided to produce a new interior door to complement its exterior door line. It is estimated that the new interior door can be sold at a target price of $60. The estimated annual target sales volume is $20,000 interior door

    Critical Success Factors

    Introduction: Kirsten Malon has found a way to profitably exploit her computer know-how. She has started a firm that offers consulting services for computer and software repair and analysis. Most of her customers have purchased computers or software systems with little vendor support and need help in installing and using th

    Greatest portion of a firms' assets are fixed rather than variable

    When the greatest portion of a firms' assets are fixed rather than variable______. the firm enjoys lower financial risk, offering discounts during non-peak times will generally increase profits, incremental costs will also be proportionately higher, or the firm should use full-cost pricing Please answer answer and why

    Plant Capacities and One-time Special Orders

    When there is no plant capacity, considerations for a one-time special order include _________. expanding capacity with the use of subcontractors, temporarily dropping another product, authorizing overtime at time-and-half of the current wage rate, or all of these Please advise answer & why - again thanks much!

    Car purchase decision

    The following applies to both parts: Jerry's 5-year Chevy Geo Prism requires $3,000 in estimated repairs. His friend suggested that he buy a 5-year Honda Civic for the $3,000 cash. The following is the estimated costs for the two cars: Chevy Geo Prism

    Support assignment base for productions

    Units of production are most appropriate as a support assignment base when _____. several well-differential products are manufactured, only one product is manufactured, direct labor costs are low, or factories produce a complex and varied mix of products I belive - factories produce a complex and varied mix of products

    Support Costs for Product Proportions

    Different products consume different proportions of manufacturing support costs because of differences in all of the following except - sales prices, customers' customization specifications, setup times, or product design I believe - sales prices - is the answer. Please advise of answer and why. Thanks!

    Activity Costs for Long Run Resources

    Activity costs are described as ________ over the long run because management adjusts the amount of resources employed to correspond to the demand for those resources. fixed, varible, committed, or non-discretionary

    Costs

    A key reason for assigning selling and distribution costs to products for analytical purposes is that -- all direct costs must be assigned, different processes, products and/or customers require different qualtities of selling and distribution activtities, customers demanded it, or controllers demanded it I believe - a

    Introducing a New Prodct to Market

    Company X is a small firm innovative in the production and sale of electrical business products. The company is well known for its attention to quality and innovations. During the past 15 months, a new product has been under development that allows users handheld access to email and video images. Company X code named the

    Support Costs

    The following applies to the following two parts: A company manufactures pipes and applies manufacturing support costs tp production at a predetermined rate of $15 per direct labor hour. The following data are obtained from the accounting records for June 20x2: Direct materials

    Fixed; Variable and Semivariable Costs

    Valley Meat Company produces one of the best sausage products in Pennsylvania. The company's controller compiled the following information by analyzing the accounting records: 1. Meat costs the company $2.80 per pound of sausage produced. 2. Compensation of production employees is $2.00 per pound of sausage produced. 3. Sup

    ACCOUNTING PROBLEM: PARTNERSHIPS

    Instructions: For each plan, determine the division of the net income under each of the following assumptions: (1) net income of $150,000 and (2) net income of $90,000. Present the data in tabular form, using the following columnar headings: PLEASE SHOW THE BASIC CONCEPT ON HOW TO ANSWER A-F. WHAT IS THE BEST WAY TO SET UP

    10 MULTIPLE CHOICE INTRO ACCOUNTING PROBLEMS

    1. After the physical inventory is completed, A) quantities are listed on inventory summary sheets. B) quantities are entered into various general ledger inventory accounts. C) the accuracy of the inventory summary sheets is checked by the person listing the quantities on the sheets. D) unit costs are determined by dividing

    Accounting in the organization

    Scenario: Lava Rock Bicycles, headquartered in San Miguel, California builds bikes for novice to mid-level cyclists, triathletes, and world-class athletes interested in cross-training. Lava Rock is beginning its 6th year of business. It continues to grow its product line and target customer market and it recently became a publ

    Accounting MGM

    Scenario: Lava Rock Bicycles, headquartered in San Miguel, California builds bikes for novice to mid-level cyclists, triathletes, and world-class athletes interested in cross-training. Lava Rock is beginning its 6th year of business. It continues to grow its product line and target customer market and it recently became a publ

    Case: Lake Champlain Sporting Goods Company- Break even analysis. Compute Lake Champlain Sporting Goods' estimated break-even point in sales dollars for the year ending December 31, 20x4, based on the budgeted income statement prepared by the controller.

    Subject: Sales Commissions in a Wholesale Firm; Income Taxes CASE - Lake Champlain Sporting Goods Company, a wholesale supply company, engages independent sales agents to market the company's products throughout New York and Ontario. These agents currently receive a commission of 20% of sales, but they are demanding an incre

    Accounting in the Organization

    Lava Rock Bicycles, headquartered in San Miguel, California builds bikes for novice to mid-level cyclists, triathletes, and world-class athletes interested in cross-training. Lava Rock is beginning its 6th year of business. It continues to grow its product line and target customer market and it recently became a public company b

    Cost Accounting: Manufacturing problem

    Fowler Industries produces two bearings: C15 and C19. Data regarding these two bearings follow. C15 C19 Machine hours required per unit 2.00 2.50 Standard cost per unit: Direct material $ 2.50

    Accounting Firm Accountability

    With the recent prevalence of corporate scandals in the United States recently, there have been many efforts made towards reform. I need help evaluating the following statement: "Accounting firms should be liable to pay stockholders if they give a company a clean audit and it goes bankrupt within a year."

    Disciplinary action situations in an organization

    There are numerous discipline issues that can arise in any organization. Listed below are different situations that could indicate the need for disciplinary action. For each situation, indicate what type of disciplinary action would be appropriate and why. In your answer explain how your suggested approach to this situation

    Economic Order Quantity and Terms of Sale

    Chapter 20, Problem 10, Page 558 Economic Order Quantity. Genuine Gems orders a full month's worth of precious stones at the beginning of every month. Over the course of the month, it sells off its stock, at which point it restocks inventory for the following month. It sells 200 gems per month, and the monthly carrying cost is

    Master budgets calculating

    I have already done the calculating but am having a problem writing verbiage to go along with each schedule.. If an OTA can help with the verbiage for each schedule I would greatly appreciate it. Thanks in advance

    Evaluation Methods

    Use one of the job evaluation methods identified below: 1- Ranking-simplest method of job evaluation that involves ranking each job relative to all other jobs, usually based on overall difficulty 2- Job Classification-a method for categorizing jobs into groups, eg. Classes or Grades 3- Point Method-job evaluation method in

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