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During the year, Hawkings produced 10,000 units, used 20,000 direct labor hours, and incurred variable overhead of $90,000. Budgeted variable overhead for the year was $88,000. The hours allowed per unit are 2.1. The standard variable overhead rate is $4.00 per direct labor hour. The variable overhead spending variance?
Merchandise subject to terms 1/10, n/30, FOB shipping point,is sold on account to a customer for $18,000. The seller issued acredit memorandum for $4,000 prior to payment. What is the amount of the cash discount allowable?
Discuss the current events in recent industrial history to reduce the usefulness of direct labor as the primary basis for allocating overhead to products. What is your view of this practice?
what is goal incongruence?how can using the metric return on investment for performance evaluation lead to goal
sun inc assigns 2000000 of its accounts receivables as collateral for a 1 million 8 loan with a bank. sun inc. also
What is the future value of $9,000 at the end of 5 periods at 8% compounded interest?
meir zarcus and ross are partners and share income and loss in a 145 ratio. the partnerships capital balances are as
the accounts payable account has a beginning balance of 10400 and the company purchased 55000 of supplies on account
here are the instructionsat the beggining of the current period emler corp. hadbalances in accounts recevable of 200k
Management is unsure about how much additional ticket revenue the new ride would generate particularly since customers pay a flat fee when they enter the park that entitles them to unlimited rides. hopefully, the presence of the ride would attract..
pre-tax income 12000 total operating expense not including income tax 20000 sales revenue 120000 beginning balance 8000
which of the following is not a mechanism that helps aligning management and owner interests?a possibility of a hostile
At the end of the current year, Accounts Receivable has a balanced of $800,000; Allowance for Doubtful accounts has a debit balance if $2000; and Net Sales for the year total $2,200,000. Bad debt expense is estimated at 1/2 of 1% of net sales. Pre..
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