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Nova Manufacturing applies factory overhead to products on the basis of direct labor hours. At the beginning of the current year, the company's accountant made the following estimates for the forthcoming period: Estimated variable overhead: $500,000 Estimated fixed overhead: $400,000 Estimated direct labor hours: 40,000 It is now 12 months later. Actual total overhead incurred in the manufacture of 7,900 units amounted to $895,100. Actual labor hours totaled 39,800. Assuming a direct labor standard of five hours per finished unit, calculate the following:
a.Variable overhead efficiency variance
b.Fixed overhead volume variance
c.Overhead spending variance
Compute estimated cash collections during october from credit sales. compute the estimated total cash collections during the fourth quarter from sales made on account during the fourth quarter
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The general group of the 10 PCAOB Auditing standards requires that:
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complete a simulation and then write a paper that analyzes the decisions you made. you are in charge of fictitious
Spotech Co.'s budgeted sales and budgeted cost of sales for the coming year are $212,000,000 and $132,500,000, respectively. Short-term interest rates are expected to average 5%. If Spotech could increase inventory turnover from its current 8.0 ti..
maher inc. reported income from continuing operations before taxes during 2014 of 819000. additional transactions
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