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Garcia Company produces hockey helmets. The standard cost for each helmet is as follows: Per Helmet Direct material 5.0 lbs at $4.00/lb. $20.00 Direct labor 2.0 hrs @ $16.00/hr. $32.00 Overhead $10.00 During November, 2,000 helmets were produced. 10,600 lbs. of material were purchased and used during November, at a total cost of $44,520. Labor worked 3,870 hours at an hourly rate of $15.80. Actual overhead was $21,900. The overhead cost of $10.00 per helmet was determined using an estimated monthly fixed overhead of $13,200 and an is $4.00. What is the overhead controllable variance? $2,000 unfavorable $2,000 favorable $700 unfavorable $1,900 unfavorable
jose purchased a delivery van for his business through an online auction. his winning bid for the van was 37500. in
salisbury corporation has been producing and selling 30000 caps a year. the company has the capacity to produce 50000
you are considering the purchase of real estate that will provide perpetual income that should average 61000 per year.
the westfield company uses predetermined overhead rates to applymanufacturing overhead to jobs. the predetermined
dicenta corporation reported net income of 273000 in 2012 and had 50000 shares of common stock outstanding throughout
howe chemicals company acquires a delivery truck at a cost of 40300 on january 1 2014. the truck is expected to have a
(a) Prepare the journal entries to record the above stock transactions.
Earth Company expects to operate at 86% of its productive capacity of 52,000 units per month. At this planned level, the company expects to use 26,832 standard hours of direct labor.
Describe how these entries would be recorded in a computerized acconting system. Describe 1 ethical issue that could result from preperation of these manufacturing entries.
Starr Company purchased a depreciable asset for $150,000. The estimated salvage value is $10,000, and the estimated useful life is 8 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the..
On may 1, 2010, stanton company purchased 50000 of harris company's 12% bonds at 100 plus accured interest of $2,000. On June 30,2010, Stanton received its first semiannual interest. On February 1, 2011, Stanton sold 40,000 of the bonds at 103 plu..
as an hrm professional you have just been hired by the abc company as the new hr director. senior management has called
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