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1. Explain why a budget-based compensation scheme may encourage a manager to shift income from the current period to a future period if expected performance is quite high (e.g., greater than 120 percent of budgeted performance).How could the income shifting be accomplished?
should the company record sales when orders are placed or, to be consistent with GAAP, wait until orders are delivered?
Prepare a contribution margin income statement separating all variable and fixed costs into their own categories - product to manufacture and to describe the manufacturing process.
budgeting is an important internal activity. preparing budgets involves forecasting sales and estimating costs. for
Hip-Hop Co. manufactures and markets several products. Management is considering the future of one product, electronic keyboards, that has not been as profitable as planned.
Grebe becomes insolvent in the current year and is adjudged bankrupt. Karen was the president of Grebe Corporation and was paid an annual salary of $50,000 for the past three years. Karen has no other employment. How will Karen treat her losses for t..
If the company actually produces 20,000 units, what are the flexible budget amounts of fixed and variable costs?
How would the information a management accountant would use to determine company costs change depending on type of production?
Comp Wiz sells computers. During May 2013, it sold 350 computers at a $ 1,200 average price each. The May 2013 fixed budget included sales of 365 computers at an average price of $ 1,100 each.
Analyze laundry costs for the month of September using the procedures for calculating a controllable overhead variance, Is the variance favorable or unfavorable?
Calculate the total contribution margin for 2000 and contribution margin percentage. Describe why the contribution margin differs from the gross margin.
question 1maxx inc. has provided the following data from its activity-based costing systemactivity cost poolsnbsp
a) Calculate the following variances: Direct manufacturing labor rate variance Direct manufacturing labor usage variance
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