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Primm Company produces a product that requires four standard gallons per unit. The standard price is $24.50 per gallon. The 2,500 units required 10,600 gallons, which were purchased at $23.75 per gallon. The product requires three standard hours per unit at a standard hourly rate of $20 per hour. 2,500 units required 7,900 hours at an hourly rate of $21.50 per hour. The standard variable overhead cost per unit is $2.50 per hour. The actual variable factory overhead was $19,050. The standard fixed overhead cost per unit is $1.30 per hour at 7,000 hours, which is 100% of normal capacity. Prepare a 2012 income statement through gross profit for Primm Company. Assume Primm sold 2,500 units at $320 per unit.
tanner-unf corporation acquired as a long-term investment 240 million of 6 bonds dated july 1 on july 1 2013. company
Syntech is offered credit terms of 2/10, net 40, but decides to forego taking the cash discount and pays on the 45th day. What is Syntech's cost of foregoing the cash discount?
gardner company produces plastic that is used for injection-molding applications such as gears for small motors. in
Identify the amount or the symbol that represents the dependent variable and the independent variable,
melanie is auditing the sales of a new client. in one procedure melanie performs she begins with the original sales
what was the character of that gain and what is the corporation's basis in the equipment.
kragan clothing company manufactures its own designed and labeled sports attire and sells its products through catalog
sissac catering uses two measures of activity jobs and meals in the cost formulas in its budgets and performance
If a company pays 8 percent interest to borrow $500,000, but is in an income tax bracket that requires it to pay 40 percent income tax, what is the actual net-of-tax interest cost that the company incurs?
albertville has a direct labor standard of 2 hours per unit of output. each employee has a standard wage rate of 22.50
at the end of 8 years your friend wants to have 50000 saved for a down payment on a house. he expects to earn
USAco, a domestic corporation, is a wholly-owned subsidiary of FORco, a foreign corporation. USAco's only assets are cash of $200,000, accounts receivable of $200,000 and its U.S. manufacturing plant worth $500,000. USAco has no liabilities. FORco se..
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