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P3 Refer to information in QS23-19. Compute the overhead volume variance for November.In QS 23-19, AirPro Corp. reports the following for November. Compute the controllable overhead variance for November.
Actual total factoryoverhead incurred . . . . . . . . . . . . . . . . . . . $ 28,175 Standard factory overhead:
Variable overhead . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 3.10 per unit produced
Fixed overhead: ($ 12,000/ 12,000 predicted units to be produced) . . . . . . . . . . $ 1 per unit
Predicted units produced . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,000 units
Actual units produced . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,800 units
Review the 2012 annual report of any (one) national aircraft company (listed in the Australian/ Malaysian or Chinese Stock Exchange) and comment on its depreciation policy in estimating the useful lives of long-lived assets, such as aircraft used ..
Does the CVP assumption of linearity make sense within the relevant range? Has this assumption changed based on the current economy?
Discuss the above statement and provide importance of environmental disclosure in the company annual reports. What are current regulatory requirements for environmental reporting in Australia? How do you think the environmental disclosure can be i..
Callaham Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume.
Calculate the no. of package tours that must be sold to break even and calculate the revenue needed to earn a target operating income
more limited produces four types of electric motors. type x and y are sold by the business to external customers. the
Cintas Company produces a line of cleaning products for both industrial and household use. While most of the company's products are processed independently, a few are related, such as Pearl and Satin Polish.
Distinguish between cost and value and explain their relative significance in accounting?
a. Direct material is added at the beginning of the production process, and conversion activity occurs uniformly throughout the process.b. The company uses weighted-average process costing.c. The July 1 work in process was 30 percent complete as to c..
managerial accounting1. scorpion production company planned to use 1 yard of plastic per unit budgeted at 81 a yard.
Determine the total interest expense for 2014 and Journalize the entry to record the amount of cash proceeds from the issuance of the bonds
Post the transactions to T accounts and prepare a trial balance at August 31, 2012.
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