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Carolina enterprises recently used 17,000 labor hours to produce 8,000 completed units. According to manufacturing specifications, each unit is anticipated to take two hours to complete. The company's actual payroll cost amounted to $206,000. If the standard labor cost per hour is $12, Carolina's labor rate variance is?
sartain corporation is in the process of preparing its annual budget. the following beginning and ending inventory
A client's purchasing system ends with the recording of a liability and its eventual payment. Which of the following best describes the auditor's primary concern with respect to liabilities resulting from the purchasing system?
Leister Auto Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $15,540. All sales are subject to a 5% sales tax.
in 2013 amanda and jaxon stuart have a daughter who is one year old. the stuarts are full-time students and they are
Alvin owned a building located in Kansas that he rented to a local business-Alvin built a new building at a cost of $400,000. What is Alvin’s realized gain (loss) on this transaction?
The Division is considering purchasing equipment for $40,000 that will increase sales by an estimated $10,000, with annual amortization of $10,000. If the equipment is purchased, what will happen to the return on investment for the division?
Calculate the effective cost on a pretax basis of issuing the commercial paper and, based solely upon your cost calculations, recommend the method of financing Cartele, Inc., should select.
During 2010, Sparrow Corporation, a calendar year C corporation, had operating income of $510,000, operating expenses of $370,000, a short-term capital loss of $25,000, and a long-term capital gain of $80,000. How much is Sparrow's tax liability f..
Beverly Crusher is a licensed CPA. During the first month of operations of her business (a sole proprietorship), the following events and transactions occurred.
What is the underlying rationale for Alimony Rules:
What percentage of istock s needed to have one of her friends elected under the cumulative voting rule? (Do not round intermediate calculations and round your final answer to 2 decimal places.
during the current year george recognizes a 30000 section 1231 gain on sale of land and a 18000 section 1231 loss on
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