What is the companys projected operating income
The Gillett company's breakeven point in units is 25,000. Assuming that variable costs are 50% and fixed costs are $500,000, what is the company's projected operating income if sales are $1,250,000?
Expected delivery within 24 Hours
Given the following information, compute the ending balances of the Materials Inventory, Work in Process Inventory, and Finished Goods Inventory accounts.
During the month of April, Macon Co. had cash receipts from customers of $85,000. Expenses totaled $78,000 and accural basis net income was $21,000. There were no gains or losses during the month
Hector P. Wastrel, a careless employee, left some combustible materials near an open flame in Salter Company's plant. The resulting explosion and fire destroyed the entire plant and administrative office.
May 1, 2010 - Bonds payable with a par value of $900,000, which are dated January 1, 2010, are sold at 106 plus accrued interest. They are coupon bonds.
$170. Variable costs are $130 per unit, and fixed costs per month average $6,240. Management is considering increasing the selling price to $190 per unit.
Wendy deposits $1,000 at the beginning of each year for 15 years into a savings account. During the first 5 years, the annual effective interest rate is 4%.
Monterey Corporation is considering the purchase of a machine costing $36,000 with a 6-year useful life and no salvage value. Monterey uses straight-line depreciation.
In addition in Feb2011 XYZ accepted a $ 6000 note for a cusome whose a/c was over due. King collected $2,300 on this note during Dec 2011.
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