Hoder Corporation manufactures numerous products, one of which is called Gamma45. The company has provided the following data about this product: Unit sales (a) 60,000 Selling price per unit$41.00 Variable cost per unit 29.00 Contribution margin per unit (b)$12.00 Total contribution margin (a) × (b)$720,000 Traceable fixed expense 680,000 Net operating income$40,000 ?Assume that the total traceable fixed expense does not change. How many units of product Gamma45 would Hoder need to sell at a price of $38.95 to earn the same net operating income that it currently earns at a price of $41.00? (Round your answer up to the nearest whole number.)
A. 68,342
B. 72,362
C. 56,667
D. 66,000
Answer: B
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Which of the following services does the PCAOB require auditors of public companies to perform?
a. A financial statement audit and an attest audit. b. A financial statement audit and an assurance audit. c. A financial statement audit and agreed upon procedures. d. A financial statement audit and an examination of the effectiveness of internal controls.
Convert to a percent: 
A. 1.3% B. .13% C. 13% D. 130%
Ballantine Products, Inc, reported an excess of warranty expense over warranty deductions of $72,000 for the year ended December 31 . 2014 . This temporary difference will reverse in equal amounts over the years 2015 to 2017 . The enacted tax rates are as follows: 2014 ............................ 40% 2015 ............................ 35% 2016 ............................ 30% 2017
............................ 25% The reporting for this temporary difference at December 31 . 2014, would be a a. deferred tax liability of $23,400. b. deferred tax asset of $23,400. c. current deferred tax liability of $7,200 and a noncurrent deferred tax liability of $16,200. d. current deferred tax asset of $7,200 and a noncurrent deferred tax asset of $16,200.
The sales director and consulting team discuss changing the entire sales model for the company by eliminating the sales representatives altogether and allowing customers to order on their own from the company Website
What is the best argument against this plan? A) The sales representatives rely on the income they receive from their jobs. B) The products are complex and frequently require product configurations. C) The company will need to alter its strategy to one based on e-commerce. D) The products require quotation management systems for tax purposes. E) A request for proposal is required for all government sales.