The Stibbe Construction Company switched from the completed contract method to the percentage-of-completion method of accounting for its long-term construction contracts. This is an example of:

A) A change in accounting principle.
B) A change in accounting estimate.
C) An unusual item.
D) A discontinued operation.

Yard tools manufactures lawnmowers, weed-trimmers, and chainsaws. its sales mix and unit contribution margin are as follows. sales mix unit contribution margin lawnmowers 20 % $30 weed-trimmers 50 % $20 chainsaws 30 % $40 yard tools has fixed costs of $4,200,000. compute the number of units of each product that yard tools must sell in order to break even under this product mix.

Which of the following statements accurately describes how costs and benefits are calculated?

How do communism and socialism differ in terms of the role that government plays in the economy ?