Showing 631 to 640 of 1900 Questions
  • From the following list of activity bases for an automobile dealership, select the base that would be most appropriate for each of these costs: (1) Preparation costs (cleaning, oil, and gasoline costs) for each car received, (2) Salespersons’ commission of 3% of the sales price for each car sold, and (3) Administrative costs for orderin

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  • From the following list of activity bases for an automobile dealership, select the base that would be most appropriate for each of these costs: (1) Preparation costs (cleaning, oil, and gasoline costs) for each car received(2) Salespersons’ commission of 3% of the sales price for each car sold(3) Administrative costs for ordering cars.a

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    116
  • Fry Corporation manufactures two products with the following characteristics.If Fry’s machine hours are limited to 2,000 per month, determine which product it shouldproduce.

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    193
  • Gabby Kittson sells homemade knit scarves for $ 14 each at local craft shows. Her contribution margin ratio is 62.5%. Currently, the craft show entrance fees cost Gabby $ 1,400 per year. The craft shows are raising their entrance fees by 25% next year. How many extra scarves will Gabby have to sell next year just to pay for rising entranc

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  • Gabby’s Wedding Cakes creates elaborate wedding cakes. Each cake sells for $600.The variable cost of making the cakes is $250, and the fixed cost per month is $7,700.Requireda. Calculate the break-even point for a month in units.b. How many cakes must be sold to earn a monthly profit of $10,000?

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    49
  • Gaber Company currently produces and sells 20,000 units of a telephone per year that has a variable cost of $8 per unit and a fixed cost of $420,000. The company currently earns a $180,000 annual profit. Assume that Gaber has the opportunity to invest in a new machine that will enable the company to reduce variable costs to $7 per unit. T

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  • Gaelic Industries Inc., operating at full capacity, sold 22,350 units at a price of $150 per unit during 2010. Its income statement for 2010 is as follows:The division of costs between fixed and variable is as follows:Management is considering a plant expansion program that will permit an increase of $900,000 in yearly sales. The expans

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  • Gagliano Company has decided to introduce a new product. The new product can be manufactured by either a capital-intensive method or a labor-intensive method. The manufacturing method will not affect the quality of the product. The estimated manufacturing costs by the two methods are as follows.Gagliano’s market research department has

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  • Gail Sawyer has just started a new catering business in Dallas, Texas. Instead of establishing a fixed menu, she has decided to make whatever the customer wants until she knows how well different dishes will be received.Gail has been invited to bid on the rehearsal dinner for the wedding of the mayor's son. If she wins the bid and gets th

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  • Gallagher Company sells a product for $ 50 per unit. Variable costs are $ 30 per unit, and fixed costs are $ 2,000 per month. The company expects to sell 500 units in September. Calculate the contribution margin per unit, in total, and as a ratio.

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