Entries by Grace Wahito

What are opportunity costs?

What are opportunity costs?What are avoidable costs?What are common costs?What are joint costs? Give examples of each cost.   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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How does a business go about changing break even point?

How does a business go about changing break even point? Provide an example. ThanksIs the contribution margin ratio of a grocery store likely to be higher or lower than that of a plastic manufacture?ABC Company has a product line that is unprofitable. What circumstances may cause overall company net income to decrease if the unprofitable […]

 

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Assume that we are manufacturing a product,

Assume that we are manufacturing a product, and assume that the sales price per unit is $70, the variable cost is $20 per unit, and the fixed cost is $85,000; a) how many units would we need to sell to break even? b) How many units would we need to sell to earn a profit […]

 

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Wolf Co. estimatesthat its employees will work 400,000 direct labor hours

Wolf Co. estimatesthat its employees will work 400,000 direct labor hours during the coming year. Total overhead costs are estimated to be $9,600,000 and direct labor costs are estimated to be $12,500,000. Direct Labor hours are actually 450,000. If Wolf Co. allocates overhead based on direct labor HOURS, what is the predetermined overhead rate?   Looking for […]

 

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