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Question: At Macaron, the standard quantity of labor is 24 hours per refrigeration unit. The standard wage rate is $36. In July, the company produced 86 refrigeration units and incurred 2,040 labor hours at a cost of $63,240.
Calculate the labor rate variance and the labor efficiency variance. Indicate whether the variances are favorable or unfavorable.(Round intermediate calculations to 2 decimal places, e.g. 14.37 and final answers to 0 decimal places, e.g. 125. Enter all variances as a positive number.)
Mundo Corporation required the controller to prepare the statement of cost of goods manufactured. Compute the cost of direct materials used during the year
person is considering buying the stock of two home health companies that are similar in all respects except the proportion of earnings paid out in dividends.
Compute Berclair's basic and diluted earnings per share for the year ended December 31, 2018. (Enter your answers in millions i.e., 10,000,000)
soldner health care products inc. expects to maintain the same inventories at the end of 2014 as at the beginning of
Evaluate the impact to a business when compensation, such as sales commissions and bonuses, are tied to achieving budgeted expectations
The units in ending inventory were 40% complete. How many units are in process at May 31? What is the unit conversion cost for May
abc company accepted a national credit card for a 3000 purchase. the cost of the goods sold is 2400. the credit card
Cash of $2,000 had been set aside for the plant expansion. How much of retained earnings is available for dividends?
Declared and paid a dividend to all shareholders. In which section of the cash flow statement will this action appear for both Ryan Corp. and Anna Corp?
Compute the amounts assigned to ending inventory and the cost of goods sold using (a) FIFO, (b) LIFO, and (c) weighted average.
Analyze the economic impact of major social problems and issues
Determine the amounts that Beldon should capitalize as the cost of the land and the new building.
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