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Question - Bramble Incasements manufactures protective cases for MP3 players. During November, the company's workers clocked 710 more direct labor hours than the flexible budget amount of 25,890 hours to complete 112,200 cases for the Christmas season. All workers were paid $9.06 per hour, which was $0.54 less than the standard wage rate. Calculate Bramble's direct labor efficiency variance.
Sushi House has budgeted sales revenues as follows: Credit sales: June $85,000, July $80,000, August $72,000. Cash sales: June $14,000, July $25,000, August $32,000. Prepare a cash budget for the month of July
Which is not a likely consequence of improved product quality? Reduced total manufacturing costs./ Decreased warranty repair costs
Chelonia Ltd manufactures small robot toys. It plans to introduce two products, Find What is the break-even point in units for each product?
Arctic Cat is a manufacturer. It is said that: Activity based costing is only useful for manufacturing companies. Is this a true statement? Explain.
Estimate the approximate internal rate of return of each project. Which one should be adopted based on the internal rate of return approach?
Adam Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $210. Compute the unit product cost for one barbecue grill
Service and requires that payment be made within 30 days of the billing date. Conceptually, when should Selam recognize revenue related to its catering service?
What was the total cost of the October 31 work-in-process inventory? Evans Company uses the weighted-average method in its process costing system.
Provide an example of a noncash investing or financing activity. Describe how these transactions are disclosed in the financial statements.
Why is GOAL CONGRUENCE important to an organisation's success? How can a RESPONSIBILITY ACCOUNTING SYSTEM foster GOAL CONGRUENCE?
Use the high-low method to estimate the company's energy cost behavior and express it in equation form. Use the formula Y = a + bX, where Y denotes energy cost for a month and X denotes pints of applesauce produced.
Number of units produced is 5000. How much will be the value of ending inventory under variable costing, if only 4000 units are sold during the period?
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