This problem has been solved! see the answerekholm corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. the company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. fixed element per month variable element per container refurbishedrevenue $ 4,400employee salaries and wages $ 44,900 $ 1,000refurbishing materials $ 700other expenses $ 30,800 when the company prepared its planning budget at the beginning of december, it assumed that 30 containers would have been refurbished. however, 35 containers were actually refurbished during december. the activity variance for “employee salaries and wages” for december would have been closest to: multiple choicea) $5,000 ub) $5,000 fc) $4,000 ud) $4,000 f

12. nelson corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 115 units in beginning inventory 380 units produced 5,900 units sold 6,070 units in ending inventory 210 variable costs per unit: direct materials $ 46 direct labor $ 27 variable manufacturing overhead $ 3 variable selling and administrative $ 12 fixed costs: fixed manufacturing overhead $ 112,100 fixed selling and administrative $ 36,420 the company produces the same number of units every month, although the sales in units vary from month to month. the company's variable costs per unit and total fixed costs have been constant from month to month. a. prepare a contribution format income statement for the month using variable costing. unit product cost under variable costing direct materials direct labor variable manufacturing overhead variable costing unit product cost (formula)

R& m chatelaine is one of the largest tax-preparation firms in the united states. it wants to acquire the tax experts, a smaller rival. after the merger, chatelaine will be one of the two largest income-tax preparers in the u.s. market. what should chatelaine include in its acquisition plans? it should refocus its attention from the national to the international market. in addition to acquiring the tax experts, it should also determine the best way to drive independent "mom and pop" tax preparers out of business. chatelaine will need to explain to the federal trade commission how the acquisition will not result in an increase in prices for consumers. chatelaine should enter a price-based competition with its other major competitor to force it out of business and become a monopoly.

Complete electronics inc. sells a point-of-sale computer with a two-year service contract. complete collects $ 2 comma 500 cash for the selling price of the computer and $ 576 for the two-year service contract. how is revenue recognized?