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Monster Company produces a product requiring 3 direct labor hours at P16.00 per hour. During January, 2,000 products are produced using 6,300 direct labor hours. Monster's actual payroll during January was P98,280. Problem 1: How much is the labor efficiency variance (no sign if unfavorable, negative if favorable)?
Prepare journal entries for both Flint and Tamarisk. Flint Corporation sold $734,000 of accounts receivable to Tamarisk, Inc. on a without recourse
Compute the estimated overhead allocation rate to be used for the year. Determine total overapplied or underapplied overhead at the end of the year.
The third payment is to be triple the first. The size of the payment at month five if interest is calculated at 16% per year, compounded monthly, is?
Calculate the percentage change in profits IT sales decrease by 10 percent. (Round your answer to one decimal place.) 14 % decrease
In the workplace, you often see diminishing marginal product, How diminishing marginal productivity affect marginal revenues and profits of firms.
What is the companys net income for the year ending December 31, 2010 and financial statements of Dinkel Company for the year ending December 31, 2010
Chander, Inc., manufactures cloth shopping bags. The controller is preparing a budget for the coming year and asks for your assistance. The following costs and other data apply to bag production: Prepare a production budget for the coming year. Estim..
Calculate the total dollar amount of cost of goods sold and total dollar amount of ending inventory for October assuming FIFO is used
The following are partial income statement account balances taken from the December 31, 2016, year-end trial balance of White and Sons, Inc.: restructuring costs, $300,000; interest revenue, $40,000; before-tax loss on discontinued operations, $400,0..
What items are included in manufacturing overhead? Monthly activity level is 3,000 kilowatt hours, what is the amount of your utility bill?
Explain what this number (the Sharpe ratio) tells you? In other words, define the Sharpe ratio using the number resulted from part a's calculation.
Based on the above the information, make cash flow statement and balance sheet for Dean and Brittany, also report the following financial ratios.
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