Quickbooks Online Accounting
3rd Edition
ISBN: 9780357391693
Author: Owen
Publisher: Cengage
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Exercise 191
Englehart, Inc. reports the following operating results for the month of August: Sales $450,000 (units 5,000); variable costs $280,000; and fixed costs $115,000.
Management is considering the following independent courses of action to increase net income.
1. Increase selling price by 10% with no change in total variable costs.
2. Reduce variable costs to 65% of sales.
a,
3. Reduce fixed costs by $15,000.
Compute the net income to be earned under each alternative.
Net Income
1. Increase selling price
$4
2. Reduce variable costs
%2$
3. Reduce fixed costs
Which course of action will produce the highest net income?
ce
will produce higest net income.
ce…
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Question 30 of 42
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The information for preparing a trial balance on a worksheet is obtained from
general journal entries.
financial statements.
business documents.
general ledger accounts.
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Question 2 - Chapter 12 Home x
O ezto.mheducation.com/ext/map/index.html?.con=con&external browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%25
Chapter 12 Homework a
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate comp
Zachary Services Company has 61 employees, 36 of whom are assigned to Division A and 25 to Division B. Zachary incurred $364,170
of fringe benefits cost during year 2.
20
points
Required
Determine the amount of the fringe benefits cost to be allocated to Division A and to Division B.
O Answer is complete but not entirely correct.
Allocated
Cost
Division
A
s 160,420 O
B
$ 172,760
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