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Question - Cultco Company Ltd has set the following direct material standards per unit of product: 2.5 kg @ $3.00 per kg; $7.50 per unit. During April, actual direct material purchased and used amounted to 8000 kg at a cost of $3.10 per kg. Actual production amounted to 3000 units. Determine the total material variance.
What is the difference between the cash basis and the accrual basis of accounting?
Calculate Ted's business net taxable income based upon the accrual method. Then calculate Ted's business net taxable income
on october 31 the stockholders equity section of omar company consists of common stock 560400 and retained earnings
If assets increased by $10,000 and liabilities decreased by $5,000, what was the owner's equity at the end of the year
When the local currency of the foreign subsidiary is the functional currency, a foreign subsidiary's inventory carried at cost would be converted to U.S. dollars by:
your company is thinking about acquiring another corporation.you have two choicesu2014the cost of each choice is
Calculate the cash equivalent price of the equipment, Calculate the cash equivalent price of the land
Millman Electronics will produce 60,000 stereos next year. Variable costs will equal 50% of sales, while fixed costs will total $120,000.
Show the entry that would be made in the debt service fund and governmental activities journal to record the second lease payment.
Deposits of $ 93,750 were returned to contractors upon successful completion of the projects on which they had been working. In addition, these contractors received $ 8,750 of earnings on their deposits.
How should we view Joseph Ripp in this case: a participant in the fraud or an innocent bystander? A hero or a villain? Explain.
f the retailer uses a normal model, then should it order more shoes of sizes 4 and 5 or more shoes of sizes 11 and 12? Can a normal model possibly be the right model for the proportion of shoe sizes of the retailer's female customers?
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