Entries by mary WAMBUGU

One of the major assumptions limiting the reliability of breakeven analysis is that A. Efficiency and productivity will continually increase.

August 27, 2019 in /by

One of the major assumptions limiting the reliability of breakeven analysis is that   A. Efficiency and productivity will continually increase. B. Total variable costs will remain unchanged over the relevant range. C. Total fixed costs will remain unchanged over the relevant range. D. The cost of production factors varies with changes in technology. The […]

 

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cash+short-term investments+net current receivables divided by current liabilities. Current Liabilities are: 33,899 in millions.

August 27, 2019 in /by

Hello!I am trying to figure out the acid test ratio for Amazon.com for 2015.I cannot for the life of me, choose the right numbers off the Security 10-K.  Here is the formula I am using: cash+short-term investments+net current receivables divided by current liabilities. Current Liabilities are: 33,899 in millions. I think cash is “cash and […]

 

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Your friend tells you that the IRS is offering free tax preparation software, “Free File: Do Your Federal Taxes for Free”, to taxpayers.

August 27, 2019 in /by

Your friend tells you that the IRS is offering free tax preparation software, “Free File: Do Your Federal Taxes for Free”, to taxpayers. Visit the IRS website and review the software selections and, then write a summary for your friend, analyzing the strengths and weaknesses which you see. Write your findings in a short paper (it does […]

 

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Lee Manufacturing uses a standard cost system with overhead applied based on direct labor hours. The manufacturing budget for the production of 7,000 units for the month of June included 12,500 hours of direct labor at $17.00 per hour, or $212,500.

August 27, 2019 in /by

Question #1. Lee Manufacturing uses a standard cost system with overhead applied based on direct labor hours. The manufacturing budget for the production of 7,000 units for the month of June included 12,500 hours of direct labor at $17.00 per hour, or $212,500. During June, 6,400 units were produced, using 12,500 direct labor hours, incurring […]

 

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