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Lucie Corporation's purchasing manager obtained a special price on an aluminum alloy from a new supplier, resulting in a direct-material price variance of $10,100F. The alloy produced more waste than normal, as evidenced by a direct-material quantity variance of $3,000U, and was also difficult to use. This slowed worker efficiency, generating a $3,500U labor efficiency variance. To help remedy the situation, the production manager used senior line employees, which gave rise to a $1,300U labor rate variance. If overall product quality did not suffer, what variance amount is best used in judging the appropriateness of the purchasing manager's decision to acquire substandard material?
on january 2 sharpe company purchases 30 of the 10000 outstanding shares of 10 par common stock of barron corporation
1.identify and explain the primary differences between fixed and flexible budgets.2.describe at least five benefits of
The working capital would be released for use elsewhere when the project is completed. If the company's discount rate is 10%, the investment's net present value is:
wadjase corp prepared a master budget that included 17800 for direct materials 28000 for direct labor 15000 for
lott company specializes in manufacturing a unique model of bicycle helmet. the model is well accepted by consumers and
Pullian Company makes a variety of chemicals. Its Mixing Department reports the following information for the May of the current year - Compute the cost per equivalent unit for direct materials and conversion.
Go the Hershey website to learn how to make Hershey chocolate. Review the process and take a look at some of the videos. Pay particular attention to the process steps of milling and pressing, mixing the ingredients, and refining.
Cresol Corporation has a large number of potential investment opportunities that are acceptable. However, Cresol does not have enough investment funds to invest in all of them. Which calculation would be the best one for Cresol to use to determine..
On May 15, 2009, Brent purchased new farm equipment for $40,000. Brent used the equipment in connection with his farming business. Brent does not elect to expense assets under § 179. Brent does elect not to take additional first-year depreciation...
Campbell Soup Co. had the following assets and liabilities (in millions) as of August 3, 2003.
What payments must Zach Taylor make to settle the loan at the interest rate of 11%, but with the 6 payments beginning on the day the loan is signed?
activity rates from quattrone corporations activity-based costing system are listed below. the company uses the
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