Rovinsky Corporation, a company that produces Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (6,400 units) $403,200
Variable expenses 275,200
Contribution margin 128,000
Fixed expenses 103,500
Net operating income $24,500
If the company sells 6,300 units, its net operating income should be closest to:.
(Do not round intermediate calculations.)
a. $23,979
b. $22,500
c. $24,500
d. $20,000

Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.

Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.

Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid $200,000 of gift tax. when bernard died in 2019, the applicable gift tax credit had increased. at bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?