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Earth Company expects to operate at 65% of its productive capacity of 46,000 units per month. At this planned level, the company expects to use 23,000 standard hours of direct labor. Overhead is allocated to products using a predetermined standard rate based on direct labor hours. At the 65% capacity level, the total budgeted cost includes $36,800 fixed overhead cost and $264,500 variable overhead cost. In the current month, the company incurred $315,000 actual overhead and 29,029 actual labor hours while producing 37,700 units. What is the total overhead variance?
Flying Penguins Corp. has total current assets of $11,845,175, current liabilities of $5,311,020, and a quick ratio of .89. What is its level of inventory?
Pardee Company plans to sell 12,000 units during the month of August. If the company has 2,500 units on hand at the start of the month, and plans to have 2,000 units on hand at the end of the month, how many units must be produced during the month..
The appraised value of the property is 490,000 and of the warehouse is 980000. Prepare the entry by cheng for the receipts of the properties.
both s corps and partnerships have rules on permissible tax years and cannot just use whatever tax year they like. what
chateau sneuti is a family owned winery in the bordeau region of france. harvesting season in early fall is the busy
triple companys accountant made an entry that included the following items debit postage expense 14.22 debit office
write a summary of 250 words in which you discuss the difference between comparative and ratio analysis. differentiate
Classify each of the costs as product cost or period cost and what is total product cost for last month, what is the unit product cost for last month?
discuss the reasons why corporations invest in securities. discuss how the market would be affected if they stopped
Compute net cash provided by operating activities using the direct method.
a. a city adopts the general fund budget. the budget estimates that 2000000 in property taxes will be received
write true or false for statements given below1. bondholders are crditors of the issuing corporation.2. bondholders
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