ABC Company’s activity for the first six of the current year…

ABC Company’s activity for the first six of the current year is as follows:       Machine-Hours Electrical Cost January 2,000 $1,560 February 3,000 $2,200 March 2,400 $1,750 April 1,900 $1,520 May 1,800 $1,480 June 2,100 $1,600     Using the high-low method, the variable cost per machine hour would be (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):

ABC Company has provided the following contribution format i…

ABC Company has provided the following contribution format income statement. Assume that the following information is within the relevant range.     Sales (4,000 units) $240,000 Variable expenses $156,000 Contribution margin $84,000 Fixed expenses $81,900 Operating income $2,100   The break-even point in dollar sales is closest to (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):

Last year, ABC Company’s operating income under variable cos…

Last year, ABC Company’s operating income under variable costing was $52,400 and its inventory decreased by 1,400 units. Fixed manufacturing overhead cost was $8 per unit for each unit in inventory. What was the operating income under absorption costing last year? PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR.

I-1 Select one of the following public sector programs: city…

I-1 Select one of the following public sector programs: city agency pothole repair or state agency assessment of individual case eligibility for public assistance.  For the selected program: *explain/illustrate how using more than one results/effectiveness indicator may be necessary to avoid perverse incentives, and *briefly describe and illustrate one major approach that a city or state may use to set targets for the above service in a way that tries to coax agencies to achieve greater results/effectiveness (as measured in an Annual Performance Indicators Report) over time. I-2 Define statutory tax incidence and economic tax incidence; briefly present these two concepts in the context of  the property tax on residential rental properties (hint: consider the landlord and consider the tenants). I-3 Specify the accounting formula for estimating revenue yield. Present an illustration of using the so-called accounting formula to estimate the revenue yield  of a new sales tax of 2% upon restaurant meals to be imposed by a city (provide example numbers).  What assumption would one be making about the specific tax base in the face of this new tax?