Sales total $400,000 when variable costs total $300,000 and fixed costs total $50,000. The breakeven point in sales dollars is ________.
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Refer to the previous question. What is the accounts receiva…
Refer to the previous question. What is the accounts receivable balance on December 31?
For any actual level of output, the efficiency variance is t…
For any actual level of output, the efficiency variance is the budgeted price multiplied by the difference between actual quantity of input purchased and the budgeted quantity of input allowed to produce budgeted output.
Richard Hamilton owns a fast food franchise and must pay a f…
Richard Hamilton owns a fast food franchise and must pay a franchise fee each year of $35,000 plus 3% of sales. In terms of cost behavior, the franchise fee would best be described as a:
Dunham Inc. provided the following information regarding its…
Dunham Inc. provided the following information regarding its only product: Sales price per unit $50.00 Direct materials per unit $8.00 Direct labor per unit $9.25 Variable manufacturing overhead per unit $6.00 Variable selling and admin expenses per unit $3.50 Fixed manufacturing overhead $65,000 Fixed selling and administrative expenses $12,000 Units produced and sold 20,000 Assume no beginning inventory Assuming there is excess capacity, what would be the effect on operating income of accepting a special order for 3,000 units at a sales price of $45 per product assuming additional fixed manufacturing overhead costs of $5,000 is incurred? (NOTE: Assume regular sales are not affected by this special order.)
One-time-only special orders should only be accepted if ____…
One-time-only special orders should only be accepted if ________.
You are given the following selected data on costs of materi…
You are given the following selected data on costs of materials related to production:Month Cost Units Produced Jan $168,000 3,000 Feb $196,000 3,500 Mar $182,000 3,250 Apr $266,000 4,750 Given the above data, you can conclude that material is most likely a:
Walker LLC. is considering whether to upgrade its equipment….
Walker LLC. is considering whether to upgrade its equipment. Managers are considering an option that costs $400,000, has a useful life of 10 years, and a residual value of $50,000. If the equipment will annually generate $100,000 of operating income, what is the accrual accounting rate of return?
Groves & Co. budgeted 2,250 units at $18/unit of materials,…
Groves & Co. budgeted 2,250 units at $18/unit of materials, but actually produced 2,500 units using $21/unit of materials. The materials flexible-budget cost is ________.
Purpose / use
Purpose / use