Describe how many units must be sold
A product sells for $525 per unit, and its variable costs per unit are $305. The fixed costs are $1,538,500. If the firm wants to earn $67,500 pretax income, how many units must be sold?
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Zytel Corporation produces cleaning compounds and solutions for industrial and household use. While most of its products are processed independently.
A hot air balloon has a volume of 4.00 x 10^5 L at 30 deg. C and pressure of 748 mmHg. If the avg molar mass of air is 29.0 g/mol, what is the mass of the hot air balloon?
Explain the circumstances under which Randy's decision would be acceptable under GAAP and circumstances under which it would definitely be unacceptable.
Porter Corporation owns all 30,000 shares of the common stock of Street, Inc. Porter has 70,000 shares of its own common stock outstanding. During the current year.
Walmart acquires a tract of land on January 1, 2009 for 100,000 cash. On December 31, 2009, the current market value of the land is 150,000. On December 31, 2010 the current market value of the land is 120,000.
Johnston Co cleans and applies powder coat paint to metal items on a job-order basis. Johnston has budgeted the following amounts for various Overhead categories in the coming yr.
Newell Rubbermaid Inc. manufactures and markets a broad array of office products, tools and hardware, and home products under a variety of brand names, including Sharpie, Paper Mate, Rolodex, Rubbermaid, Levolor, and others.
Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department.
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