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Question - Waterways Corporation uses very stringent standard costs in evaluating its manufacturing efficiency. These standards are not "ideal" at this point, but the management is working toward that as a goal.
If the Labor quantity variances is $46,200 (Unfavorable) and Materials quantity variance are $3,200 (Favorable)
And Total overhead variance is $4,888 (Unfavorable)
Please evaluate and comment on the labor quantity variances, materials quantity variance, and total overhead variance for this company. Please include what the variances suggest to management?
the models and concepts affecting the pricing decisions taken by organisations critically reflecting upon their
Prepare the household budget for October based on the following information: 5% increase in Salary 1 10% decrease in Salary 2 7.5% increase
Describe the basic cost flow equation and explain how it is used to reconcile costs to be accounted for with costs accounted for.
What is the current value of common stock if the required rate of return is 18%?
How do Compute the accounts receivable as of that date. Assume that the company will need a budgeted balance sheet as of June 30.
If Giants wants to maintain an ending inventory equal to 20% of the following month's sales, how many units must be purchased in March?
It is estimated that it will cost $88,000,How much cost should be allocated to each production department? Explain which allocation base is preferable.
What is the accounting concept to explain how a 3% decline in sales could cause a 21% decline in profits. Also, discuss the effect of declining sales on an organization's margin of safety.
Determine and Identify two specific Australian companies that your Activity based costing system is suitable for, and explain why.?
If the margin of safety for Spearfish Company was 30%, fixed costs were $1,750,000 and variable costs were 80% of sales, what was the amount of actual sales (dollars)?
Compute the predetermined variable overhead rate and the predetermined fixed overhead rate. Indigo Company produces one product, a putter called GO-Putter.
Given for Winn Company in 2018: revenues $530,000, Using the information and ignoring inventories, compute the gross margin for Winn Company
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