Believing that its traditional cost system may be providing misleading information, farragut manufacturing is considering an activity-based costing (abc) approach. it now employs a traditional cost system and has been applying its manufacturing overhead on the basis of machine hours. farragut plans on using 50,000 direct labor hours and 30,000 machine hours in the coming year. the following data show the manufacturing overhead that is budgeted. if farragut employs an activity-based costing system, the cost per unit for the product described for the coming year would be

One investigating company tracked all credit card purchase during 2012 and measured two variables: (1) the type of credit card used (visa, mastercard, american express, or discover), and (2) the amount (in dollars) of each purchase. identify the level of each variable measured.

Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach

Larissa has also provided the following information. during the year, the company raised $36 million in new long-term debt and retired $20.52 million in long-term debt. the company also sold $22 million in new stock and repurchased $32.4 million. the company purchased $54 million in fixed assets, and sold $6,107,400 in fixed assets. larissa has asked dan to prepare the financial statement of cash flows and the accounting statement of cash flows. she has also asked you to answer the following questions: 1. how would you describe east coast yachts' cash flows? 2. which cash flows statement more accurately describes the cash flows at the company? 3. in light of your previous answers, comment on larissa's expansion plans.