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Question - Canarie Jewelry produced 1,480 rings during March. The standard cost of each ounce of gold used in a ring is $990 per ounce. The standard quantity of material for each ring is a half ounce of gold per ring. The cost of gold purchased and used in March was $727,200 at $1,010 per ounce. Determine the material price variance and the material quantity variance for March. Indicate whether each variance is favorable or unfavorable.
Perla, who is single and 55 years of age, had AGI of $53,400. What amount can Perla take as a medical expense deduction
The appraiser expects this will reduce NOI by $30,000 per year. Land for a similar use is valued at $1.8 million. What the appraised value
During 2020, net sales were $849,375, and cost of goods sold was $753,000. Compute the current ratio at December 31, 2020
lowell companys manufacturing overhead budget for the first quarter of 2014 contained the following data. variable
Bond is issued at face and interest is paid annually, what is the amount of the interest payment at the end of the first period?
Preapre Branson entry to record the acquisition,Prepare consolidation worksheet entries as of December 31, 2018, assuming that Branson has applied
What is an audit plan? During which stage of the audit is an audit plan prepared?
what is the straight-line method of amortizing discount and premium on bonds payable? provide an explanation of the
If the Consumer Division is eliminated, $1,700,000 of the above fixed expenses could be avoided. What will be the effect on Wall's profit next year
Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table
During the current year, Top sold merchandise to Bottom for $100,000. The subsidiary still possesses 40 percent of this inventory at the end of the current year. Top had established the transfer price based on its normal markup. What are consolida..
if beginning and ending goods in process inventories are 5000and 15000 respectively and cost of goods manufactured
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