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The following labor standards have been established for a particular product:
Standard hours per unit 1.7 hours
Standard labor rate $11.50 per hour.
By the end of the period 37,300 units of product had been produced. To produce this output 65,000 hours had been worked at an actual cost of $780,000.
Required:
a. What is the labor rate variance for the month?
b. What is the labor efficiency variance for the month?
gentry inc. acquired 100 of gaspard farms on january 5 2010. during 2010 gentry sold gaspard farms for 625000 goods
Carin, a widow, elected to receive the proceeds of a $100,000 life insurance policy on the life of her deceased husband in 10 installments of $15,000 each. Her husband had paid premiums of $75,000 on the policy. In the first year, Carin collected ..
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at the beginning of 2010 gonzales companys accounting records had the general ledger accounts and balances shown in the
Search the Internet for at least four (4) stories about major charitable contributions by individuals, including Bill Gates, Warren Buffett, Steve Jobs, and at least one (1) other individual.
David is admitted to an existing partnership. Several partnership debts and obligations have become due. With regards to ONLY those debts and obligations arising AFTER David joined the partnership.
bevard nuptial bakery makes very elaborate wedding cakes to order. the company has an activity-based costing system
As a newly hired Staff I, you are responsible for analyzing the work papers for one of the clients of your organization. Your client is not clear about why you are asking for information on the following topics
The holders of note payable B want to collect at least $125,000. To achieve that goal, how much does the company have to receive in the liquidation of its equipment?
Based on the formulas you have reviewed, what happens to contribution margin per unit when unit selling prices increase? Illustrate your explanation with an example from a fictitious company of how an increase in unit selling prices might affect cont..
on july 1 browning corporation purchases 550000 shares of its 6 par value common stock for the treasury at a cash price
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