The variable cost per unit
Kolinchak, Inc. sells its one product for $150 per unit. The variable cost per unit is $75. The fixed cost per year are $500,000. What is the contribution margin per unit?
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Kolinchak Company's expected gross payroll for the period is $300,000. Assuming that its FICA rate is 7.65%, its FUTA rate is 0.8% and its SUTA rate is 5.4%, what is the expected payroll tax for the period?
Companies that move into a new country are often faced with a dilemma of adjusting to local practices or enforcing the company's standard practice.
Roester, Inc., set it's cost per a unit at $120. Its markup percentage is 50 percent. What is Roester's selling price? What is its selling margin? What is its selling margin percentage?
Immediately prior to this transaction the corporation had assets, liabilities, and owners' equity in the amounts of $163,000, $36,500, and $126,500 respectively. What is the total amount of Beta Corporation's assets after this transaction has been
Roberto Corporation was organized on January 1, 2011. The firm was authorized to issue 100,000 shares of $5 par common stock. During 2011, Roberto had the following transactions relating to shareholders' equity:
Dreary Days, Inc. sells raincoats at a selling price of $25.00 for each raincoat. The variable cost per raincoat is $15.00. Total fixed costs are $160,000. What is the breakeven point in units?
Indicate the type of evidence obtained (i.e., physical, confirmations, documentary, written representations, mathematical, oral, or analytical) from each substantive test. (Use a tabular format for your answers with one column for each part.)
Prepare the entries to record the interest expense and conversion on April 30, 2013. Reversing entries were made on January 1st 2013
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