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Customary Home Enterprises produces mag wheels for motorcycles. During 2014, Custom Home expected to sell 275,000 mag wheels at $185 each. The actual sales for 2014 were 333,500 mag wheels at $179 each.
1- Calculate (be sure to show all work and label each clearly):
a. Sales Price Variance
b. Sales Volume Variance
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Upon examining the balance sheet of a large city, you notice that the total assets of the general fund far exceed those of the combined total of the city's ten separate special revenue funds.
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Cardinal Company is considering an investment expected to generate an average net income after taxes of $1,300 for three years.
Assume the terms of trade between buyer and a seller are FOB destination. What document provides evidence that a liability exists
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