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Assume that variable overhead is allocated using machine hours. Give 3 reasons for a favorable variable overhead efficiency variance."The production volume variance should always be written off to cost of goods sold." Do you agree?
1.borrowed 540000 in jan 2014 made 12 monthly payments during the year reducing the balance of the loan by 40628. 2.
the wood division of fir products inc. manufactures wood moldings and sells them externally for 165. its variable cost
Calamari Associates bought land for $1,200,000.00 in 1982. In2007, the land was appraised at 1,795,000.00. The land would appear on the company's book in 2007 at
What is the amount of Joel's realized gain, what is the amount and character of its recognized gain (if any), and what is its basis in the land it received from Sara in the exchange on November 1, 2012? Please explain and show all calculations.
stoolco a domestic corporation produces a line of low cost bar stools at its facilities in missouri for sale throughout
On July 6 Zonker Company acquired the plant assets of Doonesbury Company, which had discontinued operations. The appraised value of the property is:
warranty expense. woodmier lawn products introduced a new line of commercial sprinklers in 2008 that carry a one-year
derek purchases a small business from arton september 1 2008. he paid the following amounts for the business.fixed
prepare one to two page document listing a minimum of five adjusting entries to a trial balace explaining the purpose
Determine the gross margin mix, selling price, and sales volume variances. Calculate the net gross margin variance directly; then as a check see if it equals the sum of the three variance components you calculated individually.
following is the governemental activities pre-closing trial balance for the town of freaz. freaz is a relatively small
Determine the expected net realizable value of the accounts receivable as of December 31.
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