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Question - H&X Co. uses a standard job cost system with a normal capacity of 26,700 direct labour hours. H&X Co. produces 13,000 units, which cost $220,500 for direct labour (24,500 hours), $29,900 for variable overhead, and $146,250 for fixed overhead. The standard variable overhead per unit is $2 (2 hours at $1 per hour), and the standard fixed overhead per unit is $10.40 (2 hours at $5.20 per hour). Calculate the variable overhead spending variance and the variable overhead efficiency variance.
Discuss three qualitative factors that would be important for management decision-making. Then, assess each of them in order of importance.
Explain why it is important that a business organisation's budgeting be linked to its strategies. Elaborate briefly how it could be done.
Compute What is the accounts receivable balance at the end of July? The ending finished goods inventory equals 20% of the following month's unit sales.
BCD's $1,000 par value bonds currently sell for $798.40. The coupon rate is 10%, paid semi-annually. If the bonds have 5 years to maturity, what is the yield to maturity?
The standard price is $5 per pound. If 6,300 units used 42,300 pounds, which were purchased at $5.2 per pound, what is the direct materials (a) price variance
Calculate the Manufacturing Overhead balance at the end of the year and the journal entry to clear this amount if necessary.
Prepare the necessary general journal entry for June 16, purchased merchandise having a price of $6,000 from the Shelby Manufacturing Co
Look up company that publishes Corporate Social Responsibility Report. Briefly describe 3 non financial metrics they use to assess their social responsibility
Assume that Polaris has proceeded, What other nonfinancial and qualitative factors should be considered in making this decision?
What is a non controlling interest?
Compute the manufacturing cycle efficiency - What percentage of the production time is spent in non-value-added activities
Company A is considering Make-or-Buy a product,If Company A decides to make the product and get $100 in saving overall, what the rent income has to be?
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