Variable cost, fixed cost, contribution margin income statement chillmax company plans to sell 3,500 pairs of casual shoes at $60 each in the coming year. product costs include: direct materials per pair $ 12 direct labor per pair 4 variable factory overhead per pair 2 total fixed factory overhead 30,000 variable selling expense is a commission of $3 per pair; fixed selling and administrative expense totals $48,000. required: 1. calculate the total variable cost per unit. $ 2. calculate the total fixed expense for the year. $ 3. prepare a contribution margin income statement for chillmax company for the coming year. enter all amounts as a positive number.

In business, what would be the input, conversion and output of operating a summer band camp

Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u. s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships. c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability

As a finance manager at allsports communication, charlie worries about the firm's borrowing requirements for the upcoming year. he knows the benefit of estimating allsports' cash disbursements and short-term investment expectations. facing these concerns, a(n) would provide charlie with valuable information by providing a good estimation of whether the firm will need to do short-term borrowing. capital budget cash budget operating budget line item budget