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Question - Bowie Sporting Goods manufactures sleeping bags. The manufacturing standards per sleeping bag, based on 5,000 sleeping bags per month, are as follows:
Direct material of 5.50 yards at $5.25 per yard
Direct labor of 3.00 hours at $17.00 per hour
Overhead applied per sleeping bag at $20.00
In the month of April, the company actually produced 5,200 sleeping bags using 27,300 yards of material at a cost of $5.10 per yard. The labor used was 11,700 hours at an average rate of $20.50 per hour. The actual overhead spending was $96,200.
Find the total materials variance and round to the nearest whole dollar. Enter a favorable variance as a negative number. Enter an unfavorable variance as a positive number.
johnson corp. has two divisions division a and division b. division b has asked division a to supply it with 5000 units
Kim owns 100% of the stock of Cardinal Corporation. In the current year Kim transfers an installment obligation, tax basis of $30,000 and fair market value of $200,000, for additional stock in Cardinal worth $200,000.
The Grant Company has sales of sales of $300,000, and the break-even point in sales dollars if $210,000. Determine the company's margin of safety percentage
rondello company is considering a capital investment of 150000 in additional productive facilities. the new machinery
m.a.e. charged the following amounts of overhead to jobs during the year 20000 to jobs still in process 60000 to jobs
Required: Record the March 1 cash receipt in T-accounts and the adjustment required as of December 31, 2013
the following accounts were taken from the unadjusted trial balance of orion co a congressional lobby firm. indicated
Is it necessary that a trial balance be taken periodically? What purpose does it serve?
Assume that year ended December 31, is a Wednesday and all employees will be paid salaries for five full days on following Monday.adjusting entry need on dec is
When analyzing a company, why is it more important to compare the ratios to competitors or to the company's previous history?
Assuming that cost of money is the only factor in Carol's decision and that cost of money to her is 8%, On present value basis which alternative is preferable
Calculate the cost of goods sold and the ending inventory cost for the month of April using the weighted-average cost method
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