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Question - MAD Inc. produces a single product at the following standard factory overhead costs:
Variable overhead (3 hours @ P15/hr) P45
Fixed overhead (3 hours @P5/hr) P15
During the month, MAD Inc. produced 1,100 units and incurred the following overhead costs:
Variable overhead (3,250 hours @ P14.50/hr) P47,125
Fixed overhead - P16,000
Required - Calculate the variances under:
1. Two variance method.
2. Three variance method (SVV and SIE).
3. Four variance method.
Problem - Break-even sales and sales to realize income from operations - Compute the anticipated break-even sales (units)
The tax rate is 30%. In the space provided - show goodwill entries, intragroup transactions and calculate direct and indirect non-controlling interest.
Barrett's Fashions forecast sales of $125,000 for the quarter ended December 31. Its gross profit rate is 20% of sales, and its September 30 inventory is $32,500. If the December 31 inventory is targeted at $41,500, budgeted purchases for the four..
rachel ashley and jacob are partners. they share profits and losses equally. after the books are closed their capital
Draw horizontal lines that identify upper and lower control limits. Plot the labor and material variances for April, May, and June.
you own a theater with 200 seats. the demand for seats is q300-100p. you are charging 1.25 per ticket and selling
Question - Personal Investment Analysis. What is the net advantage or disadvantage of pursuing a graduate degree under these assumption
Interfund and Interactivity Transactions
Vegetable Market had the following transactions during 2017: What is the net cash provided by financing activities
The average remaining service period of Shin's employees is 7.5 years. Compute Shin's minimum amortization of pension loss
IFRS 2-1: In what ways does the format of a statement of financial of position under IFRS often differ from a balance sheet presented under GAAP?
A compact disc cost $15 in the United States. If purchasing power parity (PPP) holds, what should be the price of the same disc in Mexico
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