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Question - The static budget for the month of May was for 3,000 units with direct materials at $28 per unit. Direct labor was budgeted at 30 minutes per unit for a total of $18,000. Actual output for the month was 2,950 units with $82,600 in direct materials and $19,300 in direct labor expense. The direct labor standard of 30 minutes was maintained throughout the month. Determine whether a favorable or unfavorable variance occurred and what caused it.
explain the relationship between capital investment decisions and investment policies to company valuation
1. job order costing is applicable to manufacturing firms only and not service firms.true or false2.an organizational
Your firm needs to raise $10 million. Assuming that flotation costs are expected to be $15 per share, What is the dollar size of the issue
bates corporation has prepared the following sales budget month expected sales may 84000 june 100000 july 92000 august
Calculate the total remittance due to the Canada Revenue Agency where the total employee contributions to Canada Pension Plan were $15,200.00
cash dividends of 30000 were declared during the year. cash dividends payable were 14000 and 16000 at the beginning and
What is the amount that The Mayflower should report as Total Current Liability on its balance sheet as of December 31, 2015
Local Landscaping uses a job-order costing system to track the costs of its landscaping proj- ects. The company provides complete garden design and landscaping services. The following table provides data concerning the three landscaping projects t..
Prepare a three-column comparative income statement that reports the following: Annual income from the special order
Installment loans are used for longer-term loans. These require monthly payments throughout the duration of the loan. Loan repayments are made by an accounts payable clerk from one of its checking accunts. Create Big R's financing business process..
Employee Net Pay - Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is Friedman's net pay
Johnny Cupcakes, launched by entrepreneur John Earle, produces t-shirts in unique styles and limited quantities.
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