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Hall Company had sales in 2014 of $1,560,000 on 60,000 units. Variable costs totaled $720,000, and fixed costs totaled $500,000. A new raw material is available that will decrease the variable costs per unit by 25% (or $3.00). However, to process the new raw material, fixed operating costs will increase by $150,000. Management feels that […]

The unadjusted trial balance of Glenn Real Estate Appraisal at June 30, 2009 follows.                  Glenn Real Estate Appraisal              Trial Balance              June 30, 2009                         […]

At the end of May, the first month of operations, the following selected data were taken from the financial statements of Julie Mortenson, Attorney at Law, P.C.   Net Income for May   $127,500 Total assets for May 31   $480,000 Total liabilities for May 31    $150,000 Total Stockholders’ Equity for May 31   […]

Case Scenarios  The Case Scenario assignments for this class will be found in Unit IV (Scenarios #1 and #2) and Unit VIII (Scenarios #3 and #4). Read the selected case scenarios below, and answer the questions that follow. Your answers should include information from your course materials and/or research when required, but, again, should be […]

On January 3, 2012, Trusty Delivery Service purchased a truck at a cost of $90,000. Before placing the truck in service, Trusty spent $3,000 painting it, $1,500 replacing tires, and $4,500 overhauling the engine. The truck should remain in service for five years and have a residual value of $9,000. The truck’s annual mileage is […]

This is the trial balance of Mimosa Company on September 30.                   Debit             Credit   Cash             8200   Accounts Receivable  2600 Supplies        2100 Equipment       8000 Accounts Payable     […]

  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) plan, so they are familiar with […]

Operations Management Assignment 7: Inventory ControlI would like like the solution “step by step”  The manager of a construction firm has determined from historical records that demand for cement averages 5 tons per week with a standard deviation of 3 tons. The supply lead time is 4 weeks. The cost of a ton of cement […]

Towne Architects incorporated as licensed architects on April 1, 2012. During the first month of the operation of the business, these events and transactions occurred:    Apr. 1 Stockholders invested $18,000 cash in exchange for common stock of the corporation. Apr. 1 Hired a secretary-receptionist at a salary of $375 per week, payable monthly. Apr. […]

Final Paper The purpose of the Final Paper is for you to culminate the learning achieved in the course by demonstrating your knowledge of organizational management by synthesizing the information from class into work and life experience. Focus of the Final PaperThink of an organization you have worked for or one with which you are very […]