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In October, Keane Company reports 21,000 actual direct labor hours, and it incurs $115,000 of manufacturing overhead costs. Standard hours allowed for the work done is 20,000 hours. The predetermined overhead rate is $6 per direct labor hour. The flexible manufacturing overhead budget shows that budgeted costs are $4 variable per direct labor hour and $50,000 fixed. Compute the overhead controllable variance.
wage and tax statement data and employer fica tax.jocame inc. began business on january 2 2013. salaries were paid to
bombeck company sells a product for 1500. when the customer buys it bombeck provides a one-year warranty bombeck sold
the capital project fund has just been created to account for resources received and expended for the construction of a
What is the relationship, if any, between the amount shown in the adjusted trial balance column for an account and that account's ledger balance?
1. an operating cyclea. is twelve months or less in lengthb. is the average time required for a company to collect its
Kendra is a self-employed taxpayer working exclusively from her home office. Before the home office deduction, Kendra has $5,000 of net income. Her allocable home expenses are $10,000 in total. How are the home office expenses treated on her curre..
1. sun inc. factors 3000000 of its accounts receivables for a finance charge of 5 percent.the finance company retains
dim witt is the county commissioner of clueless county. he decided to institute tolls for local ferry boat passengers.
clem company issued 990000 10-year 4 percent bonds on january 1 2012. the bonds sold for 940000. interest is payable
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he franc zeppo venture manufactures a product that goes through two processing departments. information relating to the
On june 30, 2012, mackes company issued 5,000,000 face value of 13%, 20 year bonds at $5,376,150, a yield of 12%. Mackes uses the effective-interest method to amortize bond premium of discount. the bonds pay semiannual interest on june 30 and dece..
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