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Arrow Industries employs a standard cost system in which direct materials inventory is carried at standard cost. Arrow has established the following standards for the prime costs of one unit of product. Picture During November, Arrow purchased 160,000 pounds of direct materials at a total cost of $304,000. The total factory wages for November were $42,000, 90% of which were for direct labor. Arrow manufactured 19,000 units of product during November using 142,500 pounds of direct materials and 5,000 direct labor hours. What is the direct materials efficiency (quantity) variance for November? $14,250. $14,400. $16,000. $17,100.
Prepare journal entries for each transaction - stock dividend on the common stock when the market value of the stock is $22 per share. the corporation has 120,000 shares of common stock outstandin
Management accountants usually plan for a small positive cash balance in their cash budgets for all of the following reasons except and Labor efficiency has sometimes been incorrectly referred to in class
In a cost-volume-profit graph
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What can be the effect of the price increase on the firm's FCF for the year?
Prepare the journal entries for the year ended 30 June 2012 to account for the above transactions.
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Determine the break-even point required in units and dollars assuming alternative #3 and determine the volume of sales required to earn $23,600 assuming alternative #3.
Show the objective function and the mixing constraints for the linear program that Melnick would use to determine the optimal monthly production of each wax.
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