Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Courtney purchased and consumed 56,000 gallons of direct material that was used in the production of 15,000 finished units of product. According to engineering specifications, each finished unit had a manufacturing standard of four gallons. If a review of Courtney's accounting records at the end of the period disclosed a material price variance of $5,600U and a material quantity variance of $2800.0F, determine the actual price paid for a gallon of direct material. (Do not round intermediate calculations.)
a) $0.70.
b) $0.50.
c) $0.80.
d) None of these.
e) Not enough information to judge.
Allocate the joint costs to Betalite and Alphalite under the subsequent methods: a. Sales value at splitoff b. Physical measure (pounds) c. Net realizable value
Did the accountant record the transaction correctly? Why would the Board of Directors want to show the gain? Are there any ethical issues involved? Illustrate what is the correct journal entry for the sale of the stock?
abc company stock has a required return of 12 and the stock sells for 40 per share. the firm just paid a dividend of
Calculate the missing values in XYZ's balance sheet and calculate net income for the year - Prepare the cash flow statement for the year using the indirect method.
budgeting involves computation of budgeted purchase.jasper company jasper company projects sales of 230000 in may
Prepare an annual depreciation schedule for the fixed assets of Bison Industries as of December - Bison Industries is in its first year of operations
Assuming that Little uses the straight-line method of amortization and that the bonds are appropriately classified as available-for-sale, what would net carrying value of the bonds be shown as on Little's December 31, 2007, balance sheet?
Sachin has asked his flat mate Jason for a $450 loan to cover a portion of his rent and utility costs. Sachin proposes repaying the loan with $375 from each of his next two financial aid disbursements, the first 4 months from now and the second 13 mo..
calculating a budget spending variance and a volume variance.the moore company manufactures and sells a single product.
Explain how variable costing differs from absorption costing and compute unit product costs under each method, and Identify relevant and irrelevant costs and benefits in a decision situation.
Assume an activity-based costing system is used and that the number of setups and the number of components are identified as the activity-cost drivers for overhead. Illustrate what is the total amount of overhead costs assigned to the standard mode..
Discuss the reasons a consulting firm might use a normal costing system rather than an actual costing system. What might be some reasons for the firm to change from a one-pool to a multiple-pool allocation concept?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd