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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 6.00 yards at $5.60 per yard
Direct labor of 2.50 hours at $20.00 per hour
Overhead applied per sleeping bag at $18.00
In the month of April, the company actually produced 5,200 sleeping bags using 27,300 yards of material at a cost of $5.70 per yard. The labor used was 11,700 hours at an average rate of $20.50 per hour. The actual overhead spending was $96,200.
Determine the labor rate variance and round to the nearest whole dollar.
parker products manufactures a variety of household products. the company is considering introducing a new detergent.
Jenny Pike, assistant accountant for Blenheim Instruments Ltd, was finalising the balance sheet of the company
1. OPEC production, part 2. Using the data from Exercise 54, develop and compare the following models. a) Fit an appropriate autoregressive model by testing for the significance of each autoregressive term.
What is the basis for deciding whether to use the spot rate or some other exchange rate when converting a foreign subsidiary's trial balance accounts into U.S. dollars under the temporal method?
hulse company had the following transactions pertaining to stock investments. feb. 1 purchased 490 shares of wade
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Davis Corporation was authorized to issue 100,000 shares of $10 par common stock, Recording and reporting stock transactions and cash dividends
Compute Marion's 2016 diluted earnings per share. If required, round your answer to two decimal places. Compute its earnings per share assuming IFRS is used.
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