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Question 1: ADT Ltd. has furnished the following standard cost data per unit of output. Direct labor 10 hours at Rs 7.50 ,Rs 75. Direct wages paid Rs 4,07,000 for 55,000 hours worked per hour at Rs 8.50 per hour Rs 85. Actual output 4,900 units. The labor efficiency variance is
When you consider that Monk-Con's fixed assets were being underused, what should be the firm's target fixed assets to sales ratio?
What are the advantages and disadvantages of discounted cash flow methods such as NPV and IRR?
On 1 August 1998 the business purchases £1,500 of dried dog food on credit from Bowin Ltd.- Show the bookkeeping entries.
What was LTCM, what was its investment strategy and how did it fail in the short run but succeed from a longer-term perspective?
The following selected account balances were taken from Buckeye Company's general ledger at January 1, 2018 and December 31, 2018: January 1, 2018 December 31, 2018 Accounts receivable 51,000 70,000. Calculate the amount of salaries expense reported ..
Has it increased or decreased? Should this be a concern for the company?
Complete the balance sheet by supplying the missing amounts.Why are externally presented reports required to be prepared according to generally accepted accounting principles while internally presented managerial accounting reports are not.
Will you buy this bond? Explain in detail what key factors you will consider in making your decision. How much would be willing to pay for one of the bonds?
BTW Corporation has taxable income in the current year that can be offset with an NOL from a previous year. Illustrate what is the nature of the book-tax difference created by the net operating loss deduction in the current year?
Using the profitability index, which of the following mutually exclusive projects should be accepted?
Prepare a horizontal analysis income statement for GAP that includes gross profit and operating income before taxes. Round to one decimal place. Comment on the results of your horizontal analysis of GAP.
In 2015, Mitchell actually produced 5,000 units of product. Mitchell spent $497,250 on 25,500 pounds of DM (all of these materials were requisitioned by the production department in 2015). Mitchell spent $194,750 on 9,500 DL hours. Mitchell spent $19..
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