The hf corporation manufactures and sells toy gyroscopes. the following data is related to sales and production of the toy gyroscopes for last year. selling price per unit $ 8.00 variable manufacturing costs per unit $ 1.83 variable selling and administrative expenses per unit $ 4.45 fixed manufacturing overhead (in total) $ 75,000 fixed selling and administrative expenses (in total) $ 80,000 units produced during the year 500,000 units sold during the year 150,000 using variable costing, what is the contribution margin for last year? a. $2,142,000 b. $274,500 c. $1,200,000 d.$752,300

Garrett is an executive vice president at samm hardware. he researches a proposal by a larger company, maximum hardware, to combine the two companies. by analyzing past performance, conducting focus groups, and interviewing maximum employees, garrett concludes that maximum has poor profit margins, sells shoddy merchandise, and treats customers poorly. what actions should garrett and samm hardware take? a. turn down the acquisition offer and prepare to resist a hostile takeover. b. attempt a friendly merger and use managerial hubris to improve results at maximum. c. welcome the acquisition and use knowledge transfer to impart sam hardware's management practices. d. do nothing; the two companies cannot combine without samm hardware's explicit consent.

Three years ago, stock tek purchased some five-year macrs property for $82,600. today, it is selling this property for $31,500. how much tax will the company owe on this sale if the tax rate is 34 percent? the macrs allowance percentages are as follows, commencing with year 1: 20.00, 32.00, 19.20, 11.52, 11.52, and 5.76 percent.

The modern medicine company is considering a new project which will require an initial cash investment of $425,000. the project will produce no cash flows for the first 2 years. the projected cash flows for years 3 through 6 are $31,000, $56,000, $250,000, and $429,000, respectively. how long will it take the firm to recover its initial investment in this project?