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Problem 1: To manufacture 1 A window frame unit requires 3 lengths of aluminium. One length is 4 metres long. To manufacture 7 000 units how many metres of aluminium is required?
A. 84 000
B. 28 000
C. 21 000
D. 7 000
E. None of the above
Problem 2: Which statement is incorrect ...
A. The budget is the plan but actual results are the reality
B. Management should at selected intervals review the operating results by comparing the actual results with the budgeted figures
C. A budget variance is simply the difference between the actual and budgeted figure
D. All variances are considered significant
E. Business plans convey a variety of budgets expressing the expected activities of the business for the near future
Calculate the balance of Oh Kwon, Capital, as of the end of the year - Assuming that there have been no recording errors, will the balance sheet prepared at December 31 balance?
Compute the revenue effect of the price-recovery component and indicate favorable or unfavorable. Ratliff Appliances Company makes a household
selling a plant income taxes cma adapted the crossroad company is an international clothing manufacturer. its santa
Determine the equivalent annual cost of all operating costs, for a life of 25 years and current worth of all operating costs, for a life of 25 years.
Assume also that in November 2013 Mike's home was burglarized. Mike's antique music box collection held for investment was stolen. Mike's basis in the collection was $8,000 and it was worth $15,000 at the time it was stolen.
How much higher or lower will net operating income be if the underapplied or overapplied overhead is allocated rather than closed directly to COGS?
Calculate Gluco's earnings per share for 2010 that would have been reported in the 2010 annual report.
If the returns from the 5 periods are known as 10%, 8%, 5%, 7%, 12 & how much is the expected return? The formula using D = P / (r-g) is?
What circumstances is the relative sales value an appropriate basis for determining the price assigned to inventory? Provide a comprehensive discussion
Calculate the (a) flexible-budget variance, and (b) the fixed overhead production volume variance for the month.
What is the value of these bonds when the required interest rate is 5 percent, 10 percent, and 15 perrcent and why is the price of Bond L more sensitive to interest rate changes than the price of Bond S?
Beginning work-in-process inventory, Ending work-in-process inventory,Sales. What is the gross profit margin earned by the company?
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