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A company established a direct material standard of 2 pounds of material at a cost of $6 per pound for unit produced. During August the company produced 6,000 units of product. 10,000 pounds of direct material which cost $6.50 per pound were used in the production process. Compute the direct material price variance for August.
sabas company has 20000 shares of 100 par 2 cumulative perferred stock and 100000 shares of 50 par common stock. the
At the end of the year, Watkins still holds only $20,000 of mechandise. What ammount of unrealized gross profit must Panner defer in reporting this investment using the equity method?
julyaugustseptemberoctobersales in units4500530040003700harper has decided that the number of units in its inventory at
market research shows potential customers will buy a particular product at a selling price of 3100.if the desired
statements of retained earning in its most recent financial statements newhouse inc. reported 50 million of net income
A business receives a cash payment for services rendered. Which of the following occurs?
As the financial manager in developing forecast for the firm, where would you go to in order to start your forecast and refine it with more accurate future projections concerning interest rates, raw material prices, and the like to build your esti..
on february 1 2011 wolf inc. issued 10 bonds dated february 1 2011 with a face amount of 200000. the bonds sold for
ace co. acquired 100 of becker inc. on january 1 year 1. on that date becker had inventory with a book value of 42000
warner development company has a security department that provides security services to other departments within the
the condensed product-line income statement for suffolk china ware company for the month of december is as
luke ricci cpa is the owner of a firm that provides tax services. the firm charges 50 per return for the direct
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