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Question - At Duffy Dog, the standard price for the M640 electrical relay (a component used in the production of a commercial refrigeration unit) is $55. Standards call for 3.0 relays per unit of finished product. In July, the company purchased 155 relays for $8,990. The company used 95 relays in the production of 47 refrigeration units (4 relays were damaged in the installation process). Calculate the material price variance and the material quantity variance related to the M640 electrical relay. Indicate whether the variances are favorable or unfavorable.
Ozuma Industries makes 10 orders for goods with a direct cost of $10,000. What is the total price paid by Ozuma
Pug purchased Shelly by issuing common stock valued at $400,000. If Pug acquires 90% of Shelly, what amount will be recorded as Goodwill
P & P Products erroneously recorded the computers as equipment expense. Calculate the deferred tax effect due to the depreciation of equipment
He made a gross profit of £22,000, and his operating profit was £8,000. His capital employed was £80,000. Calculate Tom's return on capital employed
Effect of proposals on divisional performance - If the Electronics Division were in an industry where the profit margin could not be increased
Assuming the market rate of interest is 10%, calculate the selling price for each bond issue. Refer to the tables above for present value factors.
a leak in an underground storage tank belonging to company b contaminated the adjacent property belonging to the abc
rondello company is considering a capital investment of 152200 in additional productive facilities. the new machinery
The improvements decreased the FMV of the home by $10,000. How much of the home improvements are deductible
The following information is available for the pension plan of Flounder Company for the year 2020. Compute pension expense for the year
On 12/31/15, JZ Corporation paid $9,150,000 to acquire XYZ. What amount of goodwill should JZ record as a result of this purchase
Analyze what each of these financial ratios means in terms of TRIs financial stability and operating efficiency.what they mean for TRI- not a general definition
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