Perfect fit company sells hand-sewn shirts for $40 per shirt. it incurs monthly fixed costs of $5,000. the contribution margin ratio is calculated to be 20%. what is the variable cost per shirt?

The 2008 credit crunch occurred when banks reduced lending in response toa the loss of asset value for mortgage-backed securities and mortgage loans. b having too little capital to satisfy capital requirements. c an excess of bank capital.

Mason canceled a note issued by Emma (Mason's niece) that arose in connection with the sale of property. At the time of the cancellation, the note had a basis to Mason of $30,000, a face amount of $55,000, and a fair market value of $42,000.

Hadley Corporation issued 200,000 shares of $5 par value common stock for $25 per share. During that year, the corporation sustained a net loss of $40,000. The year-end balance sheet would show A : total paid-in capital of $4,600,000.

Luke notices the documents he is printing look faded and incomplete. How could he troubleshoot this problem? A. Replace the empty ink cartridge. B. Properly connect the printer to the computer. C. Connect the printer's power cable to an outlet. D.

Say that equilibrium price remained constant and quantity rose. what would you say was the most likely cause?

Pirate Corporation acquired 85 percent of Ship Company's voting shares of stock in 20X7. During 20X8, Pirate purchased 50,000 circuit boards for $15 each and sold 28,000 of them to Ship for $20 each.

The term of an invoice of $2800 were 2/10, 1/30, n/60. The buyer sent a part payment of $980 within 10 days and the balance due 15 days later. How much cash discount could be taken?

Baxter company produces children's wiffle ball sets using a three-step sequential process that includes molding, coloring, and finishing. when the sets are completely finished, out of which account should the cost be transferred?

Who is responsible for first mass producing cars on the assembly line in world war 1?

What would you call a object that makes people shut up