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Problem - Direct materials variances - MyTime, Inc., produces electronic timepieces. The company uses mini-LCD displays for its products. Each timepiece uses one display. The company produced 540 timepieces during October. However, due to LCD defects, the company actually used 570 LCD displays during October. Each display has a standard cost of $8.60. Five hundred seventy LCD displays were purchased for October production at a cost of $4,560.
Required - Determine the price variance, quantity variance, and total direct materials cost variance for October.
There are various types of plans consumers can select. MCOs, HMOs, PPOs, POSs, or ACOs are the most common ones; however they all supply various benefits.
The average remaining service period for the employees expected to receive benefits is 10 years. What is the amount of amortization to pension expense for year
On January 2, 2012, Bengro Corporation issued $4,500,000 of 10% bonds, Prepare Bengro journal entry to record early extinguishment
Assume that at January 1,2012 the carrying amount of the patent on Celine Dion's books s $43,200. In January, Celine Dion spends $24,000 successfully defending a patent suit. Celine Dion still feels the patent will be useful until the end of 2019...
160% and that net operating income will increase by 400%, with no increase in average operating assets. What would be the company's ROI?
Legal fees of $2400 were paid related to the acquisition. What amount should be debited to the patent account
Calculate daily sales receivable for 2017, account receivable turn over and other ratios, the excel file is not marking my answers as good.
Nariman, has a MAGI of $35,000 and a tax liability of $1,100. Calculate the initial child tax credit and the maximum amount that can be refunded to Nariman
Compute an estimate of the ending balance of accounts receivable from customers that should appear in the ledger and any apparent shortages
Advantages and disadvantages of various forms of ownership. Explanation of, calculation of, and evaluation of the DuPont Identity.
When the Bell System was broken up, the old AT&T was split into a new AT&T and seven regional telephone companies. The specific reason for forcing the breakup was to increase the degree of competition in the telephone industry. AT&T had a monopoly..
Find how much should the corporation include as depletion expense in its cost of goods sold, For the year ended December 31, 2019
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