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Evaluate of Variable-overhead spending variance and the variable-overhead efficiency variance
Gantt Textiles Inc. incurred actual variable overhead expenses of $50,000 in the current year for the production of 6,000 units. Variable overhead was applied at a rate of $3.25 per direct labor hour, and 2 direct labor hours were budgeted for each unit. The company used 16,000 direct labor hours for production. Compute the variable-overhead spending variance and the variable-overhead efficiency variance. Indicate whether each variance is favorable (F) or unfavorable (U).
pure competition firms make economic losses, but monopolistic competitive firms make economic profits. d) pure competitors confront a perfectly elastic demand curve, while monopolistic competitive firms face a downward-sloping demand curve.
1. compus subsidiary cellu is growing its cell phone line to add cell phone cases. the cases may be sold for 20 each
The fair market value of the El Toro stock was $100 per share on June 30, 2010. Illustrate what are the tax consequences of the stock dividend to Raoul?
Purpose the journal entries to account for the lease transaction in the books of the lessor, Machine Guarantee Limited. Purpose the journal entries to account for the lease transaction in the books of the lessee, Simons Limited.
An investment of $100,000 promises returns of $40,000 per year for each of the next three years. If taxes are ignored and the required rate of return is 14%, what is net present value of the project?
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Find what is the journal entry to record the issuance of bonds on 1 st January, 2010?
lucas inc. enters into a lease agreement as lessor on 1st january 2013 to lease an airplane to national airlines. the
Calculation of net income for the period and EPS and What number of shares should be used in computing diluted earnings per share for the year ended dec. 31,2006?
question 1. before considering any of the subsequent jacks agi was 80000. as an employee jack incurred the subsequent
Based on this limited information and your own knowledge, how would you incorporate the above valuation results in your conclusion? Why? Prepare a one-page response for your answer.
How did the insistence of regulators of depository institutions to raise their capital ratios ultimately impact their degree of operating and financial leverage?
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