PACE MANAGERIAL  ACC CUST LL W\ACC CARD
PACE MANAGERIAL ACC CUST LL W\ACC CARD
17th Edition
ISBN: 9781264382798
Author: Garrison
Publisher: MCG
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Chapter 15, Problem 5E
To determine

Cash Flow: In a period of time the amount of cash disbursed or received with regards to a particular activity is called cash flow.

Determine whether the below mentioned transactions will be added or subtracted from the total cash flows under indirect method. Put an X mark under each column in the format as provided in the question.

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Chapter 18 Homework i Saved 15 Exercise 18-14 (Algo) Contribution margin income statement LO C2 1 points eBook Hint Sunn Company manufactures a single product that sells for $190 per unit and whose variable costs are $133 per unit. The company's annual fixed costs are $628,000. The sales manager predicts that next year's annual sales of the company's product will be 39,800 units at a price of $198 per unit. Variable costs are predicted to increase to $138 per unit, but fixed costs will remain at $628,000. What amount of income can the company expect to earn under these predicted changes? Prepare a contribution margin income statement for the next year. SUNN COMPANY Contribution Margin Income Statement Units $ per unit 39,800 $ 198 Ask Sales Variable costs 39,800 Print Contribution margin 39,800 Fixed costs Income References Mc Graw Hill $ 7,880,400 138 5,492,400 2,388,000 628,000 $ 1,760,000 Help Save & Exit Submit Check my work
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