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Question - Actual costs incurred during the production of 60,000 units were: direct materials, $110,000; direct labor, $60,000; variable overhead, $100,000; and fixed overhead, $97,000. If Company A evaluates performance by the use of a flexible budget, determine the dollar amount of the variance and if the variance is favorable or unfavorable.
$42,000 favorable
$42,000 unfavorable
$3,000 favorable
$3,000 unfavorable
scenario - john haddock owns 75 percent of haddock corporation. the other 25 percent of the stock is held by johns wife
tamara corporation made sales of 65000 units at the rate of 13 per unit in the year 2012. its direct material and
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Also outstanding all year was $800,000 of 10% bonds, which are convertible into 16,000 shares of common. Compute Rockland's 2014 diluted earnings per share
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