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Newsom Footwear Corporation's flexible budget cost formula for supplies, a variable cost, is $2.61 per unit of output. The company's flexible budget performance report for last month showed a $6,840 unfavorable spending variance for supplies. During that month, 17,100 units were produced. Budgeted activity for the month had been 16,700 units. The actual cost per unit for indirect materials must have been closest to
The return on MBS is independent of the default rate on the underlying mortgages. True or false and why?
in the month of march new day spa services 565 clients at an average price of 110. during the month fixed cost were
maude flandersnbsp leaves 10000 in her will to her neighbor marge simpson. the will requires marge to use a portion of
on may 31 2008 james logan company had a cash balance per books of 6648.21. the bank statement from farmers state bank
sandi scott obtained a patent on a small electronic device and organized scott products inc. to produce and sell the
How would you describe activity based costing? Also, can you explain why it might result in more accurate product costing information than the product cost derived under the traditional costing approach?
selected transactions for the joel berges company are presented in journal form below.dateaccount titles and
explain the differences in creating budgets for the following entities manufacturing non-manufacturing serviced based
q. a company issues 20000000 7.8 20-year bonds to yield 8 on january 1 2007. interest is paid on june 30 and december
A U.S. firm has purchased, for 50,000 FCs, an electric generator from a foreign firm. The exchange rates were 1 FC = $0.80 on the delivery date and 1 FC = $0.76 when the payable was paid. What is the final recorded value if the two-transaction met..
can someone tell us the difference between a tangible and an intangible asset and give s an example of
the following transactions transpire during the liquidation of the marks norris smith and savannah partnershipbull
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