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Actual price paid for material $1.00
Standard price for material $1.20
Actual quantity purchased and used in production 100
Standard quantity for units produced 110
Actual labor rate per hour $15
Standard labor rate per hour $16
Actual hours 200
Standard hours for units produced 220
Problem a. Compute the material price and quantity, and the labor rate and efficiency variances
Problem b. Describe the possible causes for this combination of favorable and unfavorable variances
Cash expenses are expected to be $58,800 and depreciation expense is $17,600. The accounting rate of return of the equipment is
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Using exponential smoothing with alpha ?= 0.50 and the forecast for year 1 being 3 comma 000?, the forecast for year 6? = how many miles?
What the net present value of the proposed investment is? A company is considering an investment project which involves the purchase
Explain why, under the indirect method, an increase in inventory is deducted from net income to arrive at net cash provided by operating activities.
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60,000 were finished and the remaining 30,000 were one-third complete at the end of the period. Using FIFO, the equivalent units of production were
Craftworks Company builds high-quality wooden bookshelves. What is the flexible budget variance for direct materials for December?
Calculate Pharoah basic earnings per share.Pharoah Corporation had net income for the current fiscal year of $852,000, and common shares outstanding
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