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Question - Bowie sporting goods manufacture sleeping bags. The manufacturing standards Per sleeping bag, based on 5000 sleeping bags per month, are as follows:
Direct material of 4.00 yards at $5.80 per yard
Direct labor of 3.00 hours at $17 per hour
Overhead applied per sleeping bag at $18
In the month of April, the company actually produced 5200 sleeping bags using 27,300 yards of material at a cost of $5.90 per yard. The labor used was 11,700 hours at an average rate of $17.50 per hour. The actual overhead spending was $96,200.
Determine the total materials variance and round to the nearest whole dollar. Enter a new favorable variance as a positive number. Enter an unfavorable variance as a negative number.
Give reasons of any changes of your assumptions between 2019 and 2020 Master Budget i.e., pre COVID 19 situation and during COVID 19 situation.
Assume that Emmet, based on his ABC analysis, decides not to lower the price of the T1 test. What will be the effect on annual company profit if the company loses the business of Nuclear Systems (i.e., T1 tests decrease by 1,750)?
study the income statements of vitajet limited for three years provided below and answer the following questions1nbsp
Compute the variable overhead rate variances for lubricants and for supplies. (Indicate the effect of each variance by selecting "F" for favorable)
An investment that costs $30,000 will produce annual cash flows of $10,000 for a period of 4 years. Determine the benefit of the investment today
ACC501 Business Accounting And Finance Assignment Help and Solution, Charles Sturt University - Assessment Writing Service
Using the following information, calculate how much was paid out in dividends during the year: Beginning Retained Earnings: $40,000
What is the free cash flow for 2020? Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000.
what level of the organization the employee was at? How might your tool selection differ for an upper level versus lower level employee
Describe 'avoidable' costs. What amount of the YYY production costs is avoidable and should Tamworth Truck outsource YYY? Why or why not?
For a manufacturer that produces large batches of automotive parts, which type of costing system would you recommend? Justify your answer
IPort Products makes cases for portable music players in two processes, cutting and sewing. The cutting process has a capacity of 150,000 units per year; sewing has a capacity of 180,000 units per year. Cost information follows:
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