Use the Rule of 78 to find the amount of unearned interest for the loan paid in full before the date of maturity.Finance charge: $318Total number of payments: 25Remaining number of payments, when paid in full: 3

Based on the income statements shown below, which division has the cost structure with the highest operating leverage? Soft Drinks Bottled Water Fruit Juices Revenue $ 50,000 $ 50,000 $ 50,000 Variable costs (10,000) (5,000) (30,000) Contribution margin 40,000 45,000 20,000 Fixed costs (30,000) (35,000) (10,000) Net income $ 10,000 $ 10,000 $ 10,000

Harcourt Manufacturing (HM) has the capacity to produce 13,600 fax machines per year. HM currently produces and sells 8,800 units per year. The fax machines normally sell for $280 each. Modem Products has offered to buy 3,800 fax machines from HM for $150 each. Unit-level costs associated with manufacturing the fax machines are $51 each for direct labor and $76 each for direct materials. Product-level and facility-level costs are $68,000 and $83,000, respectively. How much would profit increase (decrease) if HM accepted this special order?

Select the correct equation format for the purchases budget.

At a sales level of $288,000, the magnitude of operating leverage for Donuts Unlimited is 4.6. If number of units sold increase by 15%, profits will increase by:

U-RIDE, Incorporated currently produces the electric engines that are used in golf carts made and sold by the Company. Electco has offered to sell the electric engines to U-RIDE at a price of $340 each. Current production information follows: Unit-level material and labor $275 Facility-level depreciation of manufacturing equipment $7,000 /month Product-level engine production supervisor’s salary $4,000 /month Annual facility-level utilities $25,000 U-RIDE is currently operating profitably producing and selling 4,000 engines a year using 70% of its manufacturing capacity. Which of the following is true?

Purchases on account are given below: October November December 65,000 75,000 85,000 55% of the month’s purchases will be paid in the month of the purchase; the remaining 45% will be paid in the following month. How much will the cash payments for purchases be in November?

For the last two years BRC Company had net income as follows: Year 1 Year 2 Net Income $ 97,000 $ 117,000 What was the percentage change in income from Year 1 to Year 2?

Hilliard Company budgeted the following transactions for April Year 2: Sales (75% collected in month of sale) $ 220,000 Cash Operating Expenses 107,000 Cash Purchases of Investment 77,000 Cash Payment of Debt 17,000 Depreciation on Operating Assets 16,000 The beginning cash balance was $54,000. The company desires to have a $41,000 ending cash balance. The surplus (or shortage) of cash before considering any borrowings in April would be:

The margin of safety ratio can be defined as the: