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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 4.00 yards at $5.00 per yard
Direct labor of 3.00 hours at $16.00 per hour
Overhead applied per sleeping bag at $18.00
In the month of April, the company actually produced 4,900 sleeping bags using 25,000 yards of material at a cost of $5.50 per yard. The labor used was 11,500 hours at an average rate of $19.50 per hour. The actual overhead spending was $96,200.
Determine the materials price variance and round to the nearest whole dollar. Enter a favorable variance as a negative number. Enter an unfavorable variance as a positive number.
Dave and Marlene Carter live in the Boston area, where Dave has a successful orthodontics practice. Dave and Marlene have built up a sizable investment.
Why would you select the percentage of sales method for calculating doubtful accounts instead of the percentage of receivables method?
Explain the cultural value differences in time (monochronic versus polychronic cultures), approaches to decision making (objective or subjective approach).
Electronic commerce is a major part of individual's everyday lives. Many choices exist through the Internet, such as retail outlets, countless sources of information, social sites, forums, and many more avenues that can save time and effort.
The following were selected from among the transactions completed by Mair Co. during the current year. Mair Co. sells and installs home and business security systems.
What type of tax rate structure does the U.S. tax system apply? What are the individual tax forms, and what factors are used to determine which one to use?
Be sure to make an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences.
For the year ended December 31, 2016, Joey Co. reported pretax accounting income of $977,000. Selected information for 2015 from Joey Co.'s records follows.
Here are several T-account balances that the Absalom Company, What was the amount of goods available for sale for this company
From the case study, analyze the inquiry letter sent by C.R. Brown. Determine at least one omission that you believe occurred within the letter.
1. how would a coffee shop use labor and materials variance information?2. kyles products estimates the following
Assume that a local government is the trustee for the pension assets for its police and fire department employees and participates in a statewide plan.
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