Reference no: EM132977847
Question - Eminem, Inc. manufactures music CDs. At the start of 2020, Eminem planned to produce 108,000 CDs for which the standard cost for each CD is:
Plastic (0.25 pounds at $6.00 per pound) $1.50
Labor (0.10 hour at $12.00 per hour) 1.20
Overhead ($0.80 fixed and $0.60 variable) 1.40
Total $4.10
Overhead is allocated based on the number of units produced. Eminem isolates material purchase variances at the point of purchase. The following information summarizes Eminem's results for 2020:
Actual production 111,000 CDs
Actual variable overhead $65,000
Actual fixed overhead $83,000
Required - How much is the overhead volume variance for 2020?
Why are board evaluations important
: What is more recently being taken into account in setting the remuneration of directors and Why are Board evaluations important? Explain
|
What is the book value of the equipment
: The asset have estimated useful life of five (5) years with P10,000 residual value. Assuming calendar year, what is the book value of the equipment
|
Outstanding common shares of geer company
: What is the Consolidated Financial Statements (except for cash flows) as of/for the period ending December 31, 2011 and Bradley Company common shares
|
What is the value of the stock
: Home Depot just paid a $4.50 dividend, dividends are expected to grow perpetually at a rate of 9%. What is the value of the stock
|
How much is the overhead volume variance
: At the start of 2020, Eminem planned to produce 108,000 CDs for which the standard cost for each CD is: How much is the overhead volume variance
|
Compute the depreciation for each year
: The clubs will sell for $1,100 per set and have a variable cost of 80% of revenues per set. Compute the depreciation for each year
|
Market participants would take into account
: Market participants would take into account when pricing the asset or liability - distinguish equity investment from debt investment. using your own words
|
Compute Terry gross pay
: If this results in the employee earning less than minimum wage, the employer will contribute the difference. Compute Terry gross pay
|
What is the time value of this option
: You decide to take the long position in this stock at an exercise price of 20 with the contract expiry date 6 months from now. What is the time value
|