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Question - After evaluating Null Company's manufacturing process, management decides to establish standards of 2 hours of direct labor per unit of product and $16.90 per hour for the labor rate. During October, the company uses 14,600 hours of direct labor at a $249,660 total cost to produce 7,500 units of product. In November, the company uses 23,900 hours of direct labor at a $411,080 total cost to produce 7,900 units of product.
Compute the direct labor rate variance, the direct labor efficiency variance, and the total direct labor cost variance for each of these two months.
courier express inc. is considering the purchase of an additional delivery vehicle for 48000 on january 1 2012. the
The payroll costs for the year were $100,000, and the accounting costs for the year totaled $50,000. The departments and the average cost of store equipment and average cost of inventory for each are as follows:
BUACC5901: Accounting & Finance - Prepare all relevant financial statement ratios for 2014 and 2015 (Cash Flow ratios are not required) and comment on the significant trends and relationships revealed by your analytical computations.
What amount must include of his SS benefits in the Form 1040 in income - James Pabon, a single taxpayer, is retired and receives SOCIAL SECURITY BENFITS of $ 16,000 in the year.
A review of industrywide data for the jelly and jam manufacturing industry suggests the following industry supply function:
joint products inc. produces two joint products x and v using a common input. these are produced in batches. the common
Monte and Allie each own 50% of Raider Corporation, an S corporation. Both individuals actively participate in Raider's business. Explain how the use of the losses in Part a would change if instead Raider were a partnership and Monte and Allie wer..
Prepare a job cost sheet including dates & requisition / timesheet numbers and record the information given above and also a cost summary for job SH400
cost function break even quality of information relevant range oysters away picks shucks and packs oysters and then
How many of you would buy a $1 lottery ticket if the jackpot were $1 million? How many of you would buy a $1 lottery ticket if the jackpot were $10 million
What information regarding inventories and property, plant, and equipment must be disclosed by Koch Corporation in the audited financial statements issued to stockholders, either in the body or the notes, for the 2010-2011 fiscal years?(CMA adapted)
Examine accounting principles and concepts used in businesses
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