29. During the month of March, Baker's Express purchased 10,000 pounds of four at $i per pound.At the end of Mardh, laker's Express found that it had an unfavorable materialis price variance of$500. The standard cost per pound must beOL00O BLO30. Welker Company is designing an al-in-one grl and coeier aimed at sports fers. The companybelieves that the product can be soid for $80; and requires a 30% profit on new productsWhat is the target cost of the al--one grl and couler

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Answered: 29. During the month of March, Baker's…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Burke's Corner currently sells blue jeans and T-shirts. Management is considering adding fleece tops to its inventory to provide a cooler weather option. The tops would sell for $55 each with expected sales of 3,900 tops annually. By adding the fleece tops, management feels the firm will sell an additional 245 pairs of jeans at $65 a pair and 380 fewer T-shirts at $26 each. The variable cost per unit is $33 on the jeans, $17 on the T-shirts, and $29 on the fleece tops. With the new item, the depreciation expense is $35,000 a year and the fixed costs are $70,000 annually. The tax rate is 21 percent. What is the project's operating cash flow? $28,328 $26,084 $39,596 $30,188 $35,648 Please answer fast i give you upvote.
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