3-24 Cambridge, Inc., is considering the introduction of a new calculator with the following price and cost characteristics: Sales price………………….$ 18 each Variable costs…………….. 10 each Fixed costs…………………. 20,000 per month Required a. What number must Cambridge sell per month to break even? b. What number must Cambridge sell to make an operating profit […]
1. Woodscross LLC had the following events occur during the month of July: Received $40,000 from investors for contributed capital Borrowed $15,500 from the bank Paid $4,100 for rent Made sales on account for $12,500 Made cash sales to customers totaling $29,700 Repaid part of bank loan for $6,000 Purchased new equipment for $5,000 Paid […]
Use and Misuse of Percentages One of the concepts you encountered in the readings this module was how to recognize the use and misuse of information presented in the form of percentages. In this discussion assignment, you will conduct an Internet search to find several examples of the use of percentages. These can be examples […]
Question One: After reading chapter 7, explain what Cultural Pluralism means IN YOUR OWN WORDS. Give me 2-3 clear sentences. Be sure you have a good understanding of this concept, as the rest of the assignment relies on your accurate use of it. (50 points possible) Question Two: Chose a movie that demonstrates the concept […]
P8-3 Accelerator Inc. (Materials and labor variances analyses) Accelerator, Inc. manufactures a fuel additive, Stomp, that has a stable selling price of $44 per drum. The company has been producing and selling 80,000 drums per month. In connection with your examination of Accelerator’s financial statements for the year ended September 30, management has asked […]
Halogen Laminated Products Company began business on January 1, 2011. During January, the following transactions occurred: Jan. 1 Issued common stock in exchange for $100,000 cash. 2 Purchased inventory on account for $35,000 (the perpetual inventory system is […]
In the Instructor’s Introduction I gave the example of how the people of Aceh viewed the 2004 tsunami “more as the latest obstacle life has thrown at them than as a cataclysmic blow” (Miller, 2005, p. 1031). This raises an interesting issue of how a group’s culture can affect the way its people are impacted […]
Breakfasttime Cereal Company manufactures two breakfast cereals in a joint process. Cost and quantity information is as follows: Joint Cost Cereal Quantity at Split-Off Point Sales Price per Kilogram $30,000 Yummies ………………… 12,000 kilograms ………………………………. $2.00 […]
Visible light is only one of seven bands (or types) of electromagnetic radiation. What is the name given to the other six radiation bands used in astronomy? What can they tell us that visible light alone cannot. Astronomical telescopes used for viewing visible light may be divided into two general classes, refractors and reflectors. […]
Assignment 1: LASA: Understanding 401(k) and IRAs For this assignment, you will prepare a PowerPoint presentation evaluating and explaining the 401(k) and Individual Retirement Accounts (IRAs) at a local community center, where you have been invited to speak. The audience will be a group of people who already work for companies that provide a 401(k) […]