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Pinkney Corporation has provided the following data concerning its direct labor costs for November: Standard wage rate $12.20 per DLH Standard hours 5.3 DLHs per unit Actual wage rate $11.20 per DLH Actual hours 39,720 DLHs Actual output 7,900 units Required: Show the journal entry to record the incurrence of direct labor costs
A restaurant manager has received a bonus for each of the past five years based on increases in sales revenue that have averaged about 5% over the previous year. The restaurant owner asked to have the sales revenue figures for the last five years adj..
United manufacturing planning on spending up to $4000000 on new automated assembly machinery
Net income is $132,000, accounts payable increased $10,000 during the year, inventory decreased $6,000 during the year, and accounts receivable increased $12,000 during the year. Under the indirect method, what is net cash provided by operations?
Preparation of Multi-step Income statement - Using the information provided, prepare a multi-step income statement for the year ended December 31, 2009 in proper format including earnings per share disclosure.
Calculate the amount of cash that would be available upon Ann's retirement if the other assets were sold and the liabilities were paid off.
Compute the variable overhead rate variance and Compute the variable overhead efficiency variance (VOEV).
A supplemental retirement fund of $200,000 is desired in 20 years. How much money should be set aside at the end of each month if the interest rate is 1% per month.
What is shown on the schedule? What type of accounting system would seem to be required to produce this information? What type of knowledge, skills, and abilities would seem to be required to produce this form?
consolidated basic and diluted earnings per share.peppercorn corporation owns 90 of salt corporations common stock and
Bonds payable - Calculate market value On March 1, 2011, Catherine purchased $90,000 of Tyson's Co.'s 10%, 20- year bonds at face value. Tyson Co. has regularly paid the annual interest due on the bonds. On march 1, 2016, market interest rates had ri..
For Turgo Company, variable costs are 63% of sales, and fixed costs are $185,500. Management’s net income goal is $58,071. Compute the required sales in dollars needed to achieve management’s target net income of $58,071.
The Chamberlain Corporation has an accounts receivable turnover equal to 14 times. If accounts receivable are equal to $70,000, what is the value for average daily credit sales?
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