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Question - The following data relate to product no. 89 of Des Moines Corporation:
Direct material standard: 3 square feet at $2.50 per square foot
Direct material purchased: 30,000 square feet at $2.60 per square foot
Direct material consumed: 29,200 square feet
Manufacturing activity: 9,600 units completed
Required - Determine the direct-material quantity variance?
During the fiscal year ended June 30, 2014, Jones Co. had a 4-for-1 stock split. Calculate the originally reported earnings per share by Jones Co. for the year
Prepare a standard cost card for the Tie Dye Cake Mix and compute the direct materials price and quantity variances.
Compute the amount of raw materials used during August if $30,000 of raw materials were purchased during the month and the inventories were as follows.
Acme Manufacturing uses flexible budgeting. Variable Production Costs 120,000. Compute the Production Cost budget variance
Materials are fully added at the beginning of the process. How much are equivalent units for materials if the FIFO method is used
A truck purchased for $20,000 has accumulated amortization of $6,000 on January. What's the entry for 6 month period ending June 30th
How many ways to record Lease (for storage purpose)? Alternatives that can be used for Lease? Ways to record the second-hand equipments and altenatives.
CPAs are allowed to advertise under the Rules of the AICPA Code of Professional Conduct.
What was the net cash used by investing activities for the year ended September 27, 2014
Badgersize Company has the following information for its forming department for the month of August: Calculate the equivalent units for the forming department
Treehouse Company anticipates total sales for June and July of $420,000 and $398,000, respectively. Cash sales are normally 60% of total sales.
Compute the amount and percentage changes in 2014 using horizontal analysis, assuming 2013 is the base year
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