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Question - Bowie Sporting Goods manufactures sleeping bags. The manufacturing standards per sleeping bag, based on 5,000 sleeping bags per month, are as follows:
Direct material of 5.00 yards at $5.50 per yard
Direct labor of 2.50 hours at $20.00 per hour
Overhead applied per sleeping bag at $17.00
In the month of April, the company actually produced 5,200 sleeping bags using 27,300 yards of material at a cost of $5.50 per yard. The labor used was 11,700 hours at an average rate of $18.50 per hour. The actual overhead spending was $96,200.
Determine the labor rate variance and round to the nearest whole dollar. Enter a favorable variance as a negative number. Enter an unfavorable variance as a positive number.
Prepare the menu and write product descriptions to explain each dish. Next, you should calculate the cost of producing the dishes
Shadow Lake Bottling Company produces a soft drink that is sold for a dollar, what is the amount of contribution margin per unit
. nancy gave her grandson sean twenty acres of land. her tax basis in the land was 25000. nancyamp39s marginal tax rate
During the month, Gilbert Labs Co. has a substantial number of transactions affecting each of the following accounts.
Twitter is trading at $34.50. Call options with a strike price of $35 are priced at $2.30. What is the intrinsic value of the option?
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Each of the following statements represents a decision made by the accountant of Growth Industries: a. A tornado destroyed $200,000 in uninsured inventory. This loss is included in the cost of goods sold.
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Net Income Dividends Declared
The income tax rate for the fiscal year was 40%. Calculate Martinez Inc.'s basic earnings per share for the year ended August 31, 2020
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The Machine Products Division has a bid from an outside supplier for the special parts at $29.00 per unit. What is the transfer price range
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