Neon company manufactures widgets. the following data is related to sales and production of the widgets for last year. selling price per unit $ 130.00 variable manufacturing costs per unit $ 62.00 variable selling and administrative expenses per unit $ 5.00 fixed manufacturing overhead (in total) $ 30,000 fixed selling and administrative expenses (in total) $ 8,000 units produced during the year 1,500 units sold during year 1,100 using absorption costing, what is operating income for last year?

Michigan mattress company is considering the purchase of land and the construction of a new plant. the land, which would be bought immediately (at t = 0), has a cost of $100,000 and the building, which would be erected at the end of the first year (t = 1), would cost $500,000. it is estimated that the firm's afterminustax cash flow will increase by $100,000 starting at the end of the second year, and that this incremental flow would increase at a 10 percent rate annually over the next 10 years. what is the approximate payback period?

On july 1, oura corp. made a sale of $ 450,000 to stratus, inc. on account. terms of the sale were 2/10, n/30. stratus makes payment on july 9. oura uses the net method when accounting for sales discounts. ignore cost of goods sold and the reduction of inventory. a. prepare all oura's journal entries. b. what net sales does oura report?

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