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Question - Direct Materials Variances - The following data relate to the direct materials cost for the production of 20,000 automobile tires:
Actual: 80,000 lbs. at $2.65 $212,000
Standard: 86,000 lbs. at $2.50 $215,000
a) Determine the price variance, quantity variance, and total direct materials cost variance.
b) To whom should the variances be reported for analysis and control?
A portfolio has a beta of 1.30 and an actual return of 15.5%. The risk-free rate is 3.5% and the market risk premium is 8.2%. What is the value of Jensen alpha?
Determine the value of the stock if the required rate of return on stocks of similar risk is 20 percent. (Round answer to 2 decimal places, e.g. 527.52.)
1.gwinnett barbecue sauce corporation manufactures a specialty barbecue sauce. gwinnett has the capacity to manufacture
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you were hired to perform an attest engagement for an electronic supply company sparks electronics. sparks is trying to
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The firm uses the perpetual inventory system, and there are 28 units of the item on hand at the end of the yWhat is the total cost of the ending inventory
Determine the value of ending Finished Goods Inventory, assuming that 4,000 pounds of salmon fillets, 2400 pounds of smoked salmon
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