Hurricane wings has budgeted the following costs for a month in which 24,000 wings will be cooked and sold. wings, breading, and sauce $4,900 direct labor (variable) 3,500 rent 1,100 depreciation 900 other fixed costs 400 each wing sells for $0.80 each. how much would hurricane wing’s profit increase if 100 more wings were sold?

Last week, linda's commission check was $84. if she earns a 12.5% commission on sales, what were her total sales?

Grant, inc., acquired 30% of south co.’s voting stock for $200,000 on january 2, year 1, and did not elect the fair value option. the price equaled the carrying amount and the fair value of the interest purchased in south’s net assets. grant’s 30% interest in south gave grant the ability to exercise significant influence over south’s operating and financial policies. during year 1, south earned $80,000 and paid dividends of $50,000. south reported earnings of $100,000 for the 6 months ended june 30, year 2, and $200,000 for the year ended december 31, year 2. on july 1, year 2, grant sold half of its stock in south for $150,000 cash. south paid dividends of $60,000 on october 1, year 2. before income taxes, what amount should grant include in its year 1 income statement as a result of the investment?

Why should managers invest any excess cash