Answer:anywhere you would think
Explanation:
 
        
             
        
        
        
Answer:
The correct answer is False. 
Explanation:
Schedule M-1 is required when the gross income of corporations or their total assets at the end of the year is greater than $ 250,000.
Schedule M-3 asks certain questions about the financial statements of the corporation and reconciles the net income (loss) of the financial statements for the corporation (or group of consolidated financial statements, if applicable).
 
        
             
        
        
        
Answer:
See below
Explanation:
Activity rate = Overhead costs/Estimated driver 
Customer service : 175 per serv. req.
Project bidding : 400 per bid
Engineering support : 750 per design change 
Activity costs allocated = Activity rate × Driver consumed 
 Activity costs
Gough industries. 39,800
Been inc. 47,150
The Martin group. 139,300
Artic Air inc.
Customer profitability report for the year ended, December 31
Gough industries Been inc. Martin Grou
Revenues
1,800,000 960,000 240,000
Cost of goods sold 
840,000 448,000 112,000
Gross profit
960,000 512,000 128,000 
Selling and administrative activities:
Customer service
6,300 4,900 20,300
Project bidding
20,000 16,000 38,000 
Engineering support
13,500 26,250 81,000 
Total selling and administrative support
39,800 47,150 139,300
Operating income(loss)
920,200 464,850 (11,300)
 
        
             
        
        
        
Answer:
Option B, $45,000, is the right answer.
Explanation:
Given actual sales = $450000
Actual units that is sold = 30000 units
Actual selling price = $15 per unit
Planned sales = $540000
Planned units = 45000
Planned selling price = $12 per units.
The difference between actual and planned sales due to unit price factor = change in units × change in price
= (45000 – 30000) × (15 – 12)
= $45000
Thus option B is correct. 
 
        
             
        
        
        
Answer:
NPV = $ 87,592.90
Explanation:
Net present value is calculated by taking the Present Day (discounted) value of all future Net Cash Flow based on the Business Cost of Capital and subtracting the Initial cost of the Investment.
<u>Calculation of Net present value (Financial Calculator)</u>
Period and Cash flow
CF0   = ($900,000)
CF1    =  $200,000
CF2    =  $200,000
CF3    =  $200,000
CF4    =  $200,000
CF5    =  $200,000
CF6    =  $300,000
Cost of Capital = 8%
NPV = $ 87,592.90