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Question 1: Sunland Company uses flexible budgets. At normal capacity of 26000 units, budgeted manufacturing overhead is: $78000 variable and $270000 fixed. If Stone had actual overhead costs of $348400 for 28000 units produced, what is the difference between actual and budgeted costs?
A hotel has 20,000 room nights available per annum, charges $60 per room per night, pays fixed costs of $120,000 per annum and variable costs.
Abnormal inventory shrinkage in the audiovisual department at a retail chain store led internal auditors to conduct an in -depth audit of the department. They learned that one customer frequently bought large numbers of small electronic components fr..
Frank Worldwide Inc. had the balance sheet shown below at December 31, 2013. Frank Worldwide Inc. sold part of its investment portfolio for $20,000.This transaction resulted in a loss of $2,100 for the firm. This investment is classified as available..
Evaluate the likely return on an investment in this stock if the market falls 5%
Services for the initial fee will be performed in 2011. What amount of net unearned franchise fees would Potter report at December 31, 2010?
The Gasson Company sells three products, Product A, Product B and Product C, and had sales of $1,000,000 during the month of June.
Nadine Company has offered to sell to Duck Company 10,000 units of the part for $6.00 per unit. The plant facilities could be used to manufacture another item at a savings of $9,000 if Duck accepts the offer. What is the relevant per unit cost for t..
Prepare annual adjusting entries and post to the ledger accounts and Prepare closing entries and post
Rattigan Company's income statement contained the condensed information. Prepare the operating activities section of the statement of cash flows using the indirect method.
1.dupont reports in a recent balance sheet 598 million of 5.25 percent notes payable due in 2016. the companys income
What is a capital expenditure (CAPEX)? If money were no object, what is one thing that you would include on your CAPEX budget
Great responses class! There are many descriptions about how HIPAA or the Health Insurance Portability and Accountability Act affect business organizations. As a Human Resource Manager how would you explain this importance of this Act to new employee..
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