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Question - Standard costing - Gough Ltd manufactures a product with a standard material cost of $11. This is made up as follows.
Material X 2 kg at $1.00
Material Y 6 kg at $1.50
Actual production of 1,010 units required the following material purchases.
Material X 2,200 kg $2,530
Material Y 6,080 kg $8,512
There were no opening and closing inventories, and materials X and Y are not substitutable.
Using information calculate price and usage variances and provide possible causes of them?
What The net present value of this investment opportunity is?RNXD Inc. has the opportunity to market a product for 5 years under a specialty contract.
Compute the break-even point in total sales dollars and in units for 2014 and paul was a marketing major in college. He believes that sales volume can be increased only by intensive advertising and promotional campaigns.
Bank charges of $400 during the year had been treated as interest charges. What is the effect on profit of each of these errors
Elaborate two areas that Amazon could improve on in terms of its triple bottom line. Explain three areas of sustainability that Amazon does well.
Journalize the entry to record the payment of the January 6 wages assuming that a reversing entry was not made on January 1
Explain the difference between strategic, tactical and operational information, and give examples of each that should be used by a company
If fixed costs are $700,000 and the unit contribution margin is $14, what amount of units must be sold in order to realize an operating income of $100,000?
Describe how that organization either does or does not apply the course concepts (regarding the book Cost Accounting) on a day to day basis.
What is the labor efficiency variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable)
Calculate the predetermined overhead rate for 2020, assuming Waterway Company estimates total manufacturing overhead costs of $1,050,000
BTEC Higher National Diploma in Business - Unit 5 Management Accounting Assignment - Explain the meaning of management accounting
Given the current level of sales, would you recommend that the model C3 lawn chair be dropped? Prepare appropriate computations to support your answer.
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