ACCOUNTING 569 MIDTERM 1 FALL 1995 NAME ______________________ ID # I. 15 Points 1. Otis Corp. has the following data: Selling price $50/unit Variable manufacturing costs $20/unit Fixed costs: Manufacturing $100‚000 Selling and admin. $ 50‚000 a.(3 points) The breakeven point is: b.(3 points) Given a volume of 15‚000 units‚ operating leverage is: c.(4 points)
Premium Variable cost Costs Cost
CHAPTER 4 Consolidation of Wholly Owned Subsidiaries Acquired at More than Book Value ANSWERS TO QUESTIONS Q4-1 The carrying value of the investment is reduced under equity method reporting when (a) a dividend is received from the investee‚ (b) a differential is amortized‚ (c) an impairment of goodwill occurs‚ and (d) the market value of the investment declines and is less than the carrying
Premium Balance sheet Asset Goodwill
Abusive relationships should never be acceptable‚ but many women believe they contributed or deserve the abuse. Being in an abusive relationship is something no one individual should go through. So why do women and men accept this way of life? Though there are many reasons for the abuser to abuse his or her partners‚ abuse should never be accepted as a way of life. A common attribution battered women make about themselves is that they somehow provoked the violence or that they should have been
Premium
SEMESTER SPRING 2013 FINANCIAL ACCOUNTING (MGT101) ASSIGNMENT NO. 01 DUE DATE: 2nd May 2013 MARKS: 20 TOPIC TO BE TESTED : • Application of “Rules of debit and credit” LEARNING OBJECTIVES: • To develop an understanding for applying the rules of debit and credit ASSIGNMENT QUESTION On 1st March 2013‚ Mr. Adnan organized a business called A.R Rentals. Mr. Adnan’s new business was able to begin operations immediately by purchasing the assets and taking over the location of Ammar Rentals‚ an equipment
Premium Bookkeeping Citation 1922
response. Look at what happened recently when masses of Twitter users defied a court injunction against naming a prominent footballer accused of adultery. However‚ others might say that you can regulate any form of communication‚ if you have the will to do so: ask the Chinese. Even without calling for draconian censorship of online chatter‚ it could still be argued that mainstream news organisations should set the standards for public discourse‚ and should gather and report the news in an
Premium Mass media Twitter Report
JWS Transport Company’s employees earn vacation time at the rate of 1 hour per 40-hour work period. The vacation pay vests immediately (that is‚ an employee is entitled to the pay even if employment terminates). During 2013‚ total wages paid to employees equaled $404‚000‚ including $4‚000 for vacations actually taken in 2013 but not including vacations related to 2013 that will be taken in 2014. All vacations earned before 2013 were taken before January 1‚ 2013. No accrual entries have been made
Premium Inventory Balance sheet 2007
Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) If the marginal benefit of pizza exceeds the marginal cost of pizza‚ then compared to the allocatively efficient quantity‚ we are producing too ________ pizza and too ________ of other goods. A) little; much B) little; little C) much; little 1) D) much; much Answer: A 2) ________ is the difference between the value of a good and the price paid for it summed
Premium Economics English-language films Supply and demand
“We do what we have to do‚ so we can do what we want to do” Amalia Prida 14-0663 Orientation November 8th‚ 2013. UNIBE In life‚ everything is earned and nothing positive or good comes our way for free. We have to earn the things we want and sometimes do some things we don’t necessarily want to do. “We do what we have to do‚ so we can do what we want to do” is a famous‚ yet genuine quote that can be considered as a life lesson. This phrase is applicable to college students
Premium Personal life 2008 singles
maturely in public. My dreams and aspirations are to be so successful that I am not dependent on anyone else. Ever since I was a little girl‚ I have wanted to be someone with power. To obtain power‚ I have to first obtain the knowledge‚ and to do that‚ I need to go to college. I have seen people become too dependent on others‚ and if anything upsets that relationship‚ the dependent one just crumbles. I don’t want that happening to me‚ so I plan to study hard‚ make good grades‚ and be a top executive
Free High school College Higher education
Reference 6 1-Introduction A good understanding of the relationship between cost and activities in a company is necessary for managers in every type of organization and this clothing manufacturing company is concerned because they do not have this understanding and what benefits it has for guiding managers to understand the changes and effects different future business decisions and alteration of those decisions have on the expenses and profit but. Although there are benefits to
Premium Contribution margin Management accounting Cost-Volume-Profit Analysis