to Problem 1‚ compute the average markup percentage for setting prices as a percentage of the full cost of the product. Student Answer: Direct materials $60‚000 Direct manufacturing labor $40‚000 Factory overhead-variable $30‚000 Factory overhead-Fixed $50‚000 Selling and administrative expenses-variable $20‚000 Selling and administrative expenses-Fixed $30‚000 Full cost of the product $230‚000 Sales = $300‚000 Profit = $300‚00 - $230‚000 = $70‚000 Average markup percentage = 70‚000/230‚000 x
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Consumer Preference for Coffee Product Attributes in PPALMA‚ North Cotabato‚ Philippines Author: Michelle Ragocos-Ortez College of Business and Accountancy‚ Southern Christian College‚ Quezon Avenue Poblacion 5‚ Midsayap‚ North Cotabato‚ 9410 Philippines Email: mish_ragocos@yahoo.com Tel: +63 929-187-2390 Co-Author: Ms. Mary Pleasant Natural Resource and Environment Management‚ 1910 East West Road‚ Sherman Lab 101‚ University of Hawaii‚ Honolulu‚ HI 96822‚ USA Email:myounkin@hawaii
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Week 5 – Homework – Answer Key Due Feb. 23‚ 2013 A total of 20 points are possible for this homework 1. A black guinea pig is crossed with an albino guinea pig‚ producing 12 black offspring. When the very same albino is crossed with another black guinea pig‚ 7 black and 5 albinos are obtained. Explain this genetic outcome by writing out the genotypes for the parents‚ gametes‚ and offspring in both crosses. First Cross: The fact that all F1 offspring are black suggests that the parents of the first
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forever. (2014 CCH Federal Taxation: Comprehensive Topics‚ 2013) 3. Please describe the purpose of Schedules M-1 and M-3. When is a Schedule M-3 required in lieu of a Schedule M-1. (5 pts.) Schedule M-1 and M-3 is attached to Form 1120. Schedule M-1 is the Reconciliation of Income (Loss) per books with Income Per Return; this schedule is needed when net income differs from taxable income that was reported on the return. Schedule M-3 Net Income (Loss) Reconciliation for Corporations With Total Assets
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2.1 It is important to take a balanced approach to risk management because its children’s natural inclination to take risks when they play‚ those responsible for children have to take a balanced‚ thoughtful approach to managing risk. This is particularly important for play because children today tend to have less freedom than in the past‚ and hence may have fewer opportunities for risk-taking as a normal part of their everyday lives‚ however as early years providers we must ensure that we take all
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deep processing of limestone powder. Clirk limestone pulverizer with high efficiency‚ low energy consumption can product the fineness of limestone powder to 300-30000 mesh. If any other questions of stone pulverizer or rock pulverizer‚ please contact us. Contact person: Alice Tao Email: alice@clirik.com Hotline: 0086-21-20236178 http://www.stone-pulverizer.com/news/Hot-sale-product-limestone-pulverizer.html Currently‚ Limestone pulverizer is popular among our customers. We know limestone
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Chapter 8 Problem 6 The following are the historic returns for the Chelle Computer Company: Year Chelle Computer General Index Year chelle computer general index 1 37 15 2 9 13 3 -11 14 4 8 -9 5 11 12 6 4 9 Based on this information‚ compute the following: a. The correlation coefficient between Chelle Computer and the General Index. Answer : r= .1305 b. The standard deviation for the company and the index
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Chivonne M. Joseph ACCT553 Week 1 Homework _________________________________________________________ Please provide your answer to each question in the space provided below. When finished‚ submit to the DropBox. Chapter 1 (5 pts) 1. Briefly discuss the purpose of the Sixteenth Amendment. The 16th Amendment allowed Congress to impose taxes on whatever source derived. The sourced could be direct or indirect and without regard to census. The purpose of the taxes was to help
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in the vendor master file. c. (3) expand testing of automated application controls used to reduce control risk to cover greater portions of the fiscal year under audit. d. (3) The sales system automatically computes the total sale amount and posts the total to the sales journal master file. 12-18 a. (1) A system that performs relatively uncomplicated processes and produces detailed output. b. (3) completeness of sales transactions. c. (3) completeness of input. d. (3) procedures contained within the
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PROFESSIONAL NEGLIGENCE THE CHANGING COASTLINE OF LIABILITY John L. Powell Q.C. Even the briefest acquaintance with the world’s major financial centres‚ and especially Hong Kong‚ London or New York‚ immediately confirms that we live in world dominated by professionals. The magnificent multi-storey edifices adorning the shores of this and similar cities are the castles and palaces of the present age‚ proclaiming the influence and power of professionals
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