2024 – 7 Accounting questions First 2 look like this to give you an idea please open

2024 – 7 Accounting questions First 2 look like this to give you an idea please open.

7 Accounting questions

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Open doc

First 2 look like this to give you an idea, please open doc to see all 5 questions. 

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Exercise 18-8

Brief Exercise 18-8

Meriden Company has a unit selling price of $780, variable costs per unit of $390, and fixed costs of $256,230.

Compute the break-even point in units using the mathematical equation.

Break-even point

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units

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Brief Exercise 18-10

For Turgo Company, variable costs are 56% of sales, and fixed costs are $179,600. Management’s net income goal is $104,156.

Compute the required sales in dollars needed to achieve management’s target net income of $104,156.

>required sales Required sales

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