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Managerial accounting help with the homework?
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Question 1. (special order) You sell high-quality fake IDs to college students at a regular price of $80. Your financial results for 2009 are summarized in the following contribution margin statement: 2009 Sales volume (#units) 120 Revenue $9,600 Variable costs $1,800 Contribution...
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the ibunez tool coopnay has two product: a plain circular saw and a professional circular saw. The plain saw sells for $70 and has a variable costs of $55. The professional saw sells for $100 and has a variable cost of $75. 1. compute contribution margins and contribution margin ratios for...
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Scenario: Forbes & Associates, Inc. uses a participatory budget process in which managers submit budgets for their respective divisions, which are then reviewed by Lee Blackmon, the chief financial officer (CFO). Divisional managers take the task seriously, as salary increases and bonuses are based...
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hi, I have two questions if someone wouldn't mind helping me with! Thanks Question 1: The contribution margin ratio is 30% for the Honeyville Company and the break-even point in sales is $150,000. If the company's target net operating income is $60,000, sales would have to be: Question...
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A tile manufacturer has supplied the following data: Boxes of tiles produced and sold 580,000 Sales revenue 2,842,000 Variable manufacturing expense 1,653,000 Fixed manufacturing expense 784,000 Variable selling and administrative expense 145,000 Fixed selling and... View more questions Search
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