Dimitrov Corporation, a company that produces and sells a single product, has provided its contribution format income statement for July.
Sales (6,600 units) $429,000
Variable expenses 297,000
Contribution margin 132,000
Fixed expenses 103,500
Net operating income $28,500
Required:
a) If the company sells 6,500 units, its net operating income should be closest to .

Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.

Which of the following occupations relate to a skill category of words and literacy

Right medical introduced a new implant that carries a five-year warranty against manufacturer’s defects. based on industry experience with similar product introductions, warranty costs are expected to approximate 2% of sales. sales were $8 million and actual warranty expenditures were $42,750 for the first year of selling the product. what amount (if any) should right report as a liability at the end of the year?