Accounting math problems and answers

    • [DOC File]Answers to Chapters 1,2,3,4,5,6,7,8,9 - End of Chapter ...

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      Consider the following problems and the decisions which solve the problems: (1) Undecided major – decide which major to major in (2) No transportation to and from school – decide to walk, to ride the bus, or to buy a car and drive to and from school and (3) Need a local checking account so local merchants will cash your check – decide ...

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    • [DOC File]MAT170 Review Problems for Test 1

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      11. A firm is considering a new product. The accounting department estimates that the total cost, C(x), of . producing x units will be C(x) = 65x + 3500. The sales department estimates the revenue, R(x), from . selling x units will be R(x) = 85x, but no more than 600 units can be sold at that price. Find and interpret (R – C)(600). 12.

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    • [DOC File]SOLUTIONS TO RELEVANT COST PROBLEMS:

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      a. The major problem with ITI's accounting method is that they are allocating both joint and separable costs based on the number of chips manufactured and not using net realizable value. This leads to erroneous conclusions about the relative profitability of the two products. HD and LD chips, up until they are tested and sorted, are joint products.

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    • [DOC File]Z-Score Practice Worksheet

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      A normal distribution of scores has a standard deviation of 10. Find the z-scores corresponding to each of the following values: A score that is 20 points above the mean.

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    • [DOC File]Math 141: PRACTICE TEST # 1: Chapter 1 KEY

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      Title: Math 141: PRACTICE TEST # 1: Chapter 1 KEY Author: Mike Singleton Last modified by: singletonlymeda Created Date: 9/15/2008 7:59:00 PM Other titles

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    • [DOC File]WORKSHEET 1 (BREAK-EVEN PROBLEMS)

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      (BREAK-EVEN PROBLEMS) The Pastureland Dairy makes cheese, which it sells at local supermarkets. The fixed monthly cost of production is $4,000 and the variable cost per pound of cheese is $0.21. The cheese sells for $0.75 per pound; however, the dairy is considering raising the price to $0.95 per pound.

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    • [DOC File]Simple and Compound Interest Worksheet

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      In problems 16-20, calculate the expected price in the year 2008 if you assume that there was a consistent 5% inflation rate and use the given 1988 price. Answers should be rounded to the nearest penny. Median Salary, $27,225. Gallon of gas, $1.08. Dozen Eggs, $0.89. Movie Admission, $3.50. McDonalds Hamburger, $0.62. Use the following ...

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    • [DOC File]Dear Accounting Student,

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      use it. The answers to all problems are usually at the back. G. Form a study group with other conscientious students, and get together at least once per. week. This will probably improve your grade and make the course more interesting to you. H. When studying for your exams, rework all problems “from scratch” (on a blank sheet of

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