Reese Inc. produces pliers. Each pair of pliers sells for 8.00. Variable costs per unit total 5.60
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If the sales price per unit is $150.00, variable cost per unit is $80.00, targeted net income is $44,000, and total fixed costs are $33,000, the number of units that must be sold is?
Abbot Corporation has an average collection period of 49 days, an inventory conversion period of 83 days, and a payables deferral period of 36 days. What is Abbott's cash conversion cycle?
Related Book For
Management Accounting
ISBN: 978-0132570848
6th Canadian edition
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
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