Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Kandi Co. uses standards to control its materials cost. Assume that a batch of 1,500 pounds has the following standards:
tomatoes - 2,400 lbs @ P4.50/lb.;
Vinegar - 160 gal @ P27.5/gal;
Corn syrup - 14 gal @ P100/gal;
Salt - 62 lbs @ P25/lb.
The actual materials in a batch may vary from the standard due to tomato characteristics. Assume that the actual quantities of materials for batch 109 were as follows:
tomatoes - 2,540 lbs;
vinegar - 164;
corn syrup - 13 gal;
salt - 60 lbs.
Required:
Problem a: Determine the following:
1. Standard unit of materials cost per pound for a standard batch; 2. Direct materials quantity variance for batch 109.
Finch supplies remaining components and assemble the final product at a cost $340. Finch's marketing, packaging, and shipping expenses total $40 per unit. Each unit is sold for $2,800.
Compute the predetermined overhead rate and prepare the entry to apply the overhead for the year.
The Bethlehem Inn is an all-equity firm with 18,000 shares outstanding at a value per share of $14.50. The firm is issuing$50,000 of debt and using the proceeds to reduce the number of outstanding shares. How many shares of stock will beoutstanding o..
Prepare a projected single-step income statement for the year ending July 31, 2013, based on the proposal. Assume all sales are collected within the discount period.
Analyze your comparator company and explain and evaluate similar adjustments, if any exist. Complete the grid in Exhibit 2 of the solution template for each item.
Determine the amount realized and the character by Solar Corporation on the sale of the following equipment
Sedato Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.
Calculate the (a) flexible-budget variance, and (b) the fixed overhead production volume variance for the month.
1. the cpa invested 200000 cash into his new firm in exchange for 200000 shares of capital stock at 1.00 per share.2.
Foyert Corp. requires a minimum $ 30,000 cash balance. If necessary,
Indigo Ranch & Sweet is a distributor of ranch and farm equipment. Its products range from small tools, power equipment for trench-digging and fencing.
Prepare the statement of cash flow
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd