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Ranger Company produces men's ties. Budgeted and actual costs for March follow:
Cost
Budget at 2,500 units
Actual at 2,900 units
Direct materials
$55,000
$64,000
Direct labor
70,000
81,000
Fixed overhead
35,000
35,400
The total variance from the flex
1. $400 unfavorable.
2. $400 favorable.
3. $4,200 unfavorable.
4. $4,200 favorable.
5. $1,400 unfavorable.
Determine the usefulness of information in financial statements, how disclosing the loan in the financial statements of Dracula Ltd, where it will appear in the balance sheet as a long-term liability
Kim Co. purchased goods with a list price of $180,300, subject to trade discounts of 20% and 10%, with no cash discounts allowable. How much should Kim Co. record as the cost of these goods
Elaine's original basic in the hornbeam partnership was 25,000. her share of the taxable income from the partnership since she purchase the interest has been 100,000 and Elaine has received 75000 in cash distribution from the partnership.
Marine sold 4,500 of the reacquired shares at $34 per share. On June 2, MA sold the remaining shares at $28 per share - Journalize the transactions of February 1, March 15, and June 2.
What are some ways that customers affect a firm's costs and calculate the ratio of the prevention, appraisal, internal failure, and external failure costs to sales for March and April.
Theory of Interest- Non-annual interest rates and annuities
Jed wants to know whether he can claim a deduction under section 179 on his 2013 income tax return for the costs incurred in 2009 with respect to planting the vineyard and can someone please let me know if there are deductions that he can claim?
Evaluate the Price of the company's stock following the stock split.
1) The profession of tax practice involves four principal areas of activity. Discuss these four areas. 2) Tax Rates. Latesha, a single taxpayer, had the following income and deductions for the tax year 2013: INCOME: Salary $60,000 Business Income 25,..
Kristen, the regional manager for a national hardware chain, is based in Atlanta. During March and April of this year, she has to replace temporarily the district manager in Jackson, Mississippi. During this period, Kristen flies to Jackson on Sun..
What is the equilibrium interest rate if money supply and What needs to happen for this economy to be in equilibrium? Explain this and illustrate it on your diagram.
Chris spends $800,000 to build a qualified low-income housing project, which is placed in service on January 1, 2005. He financed the project using his personal funds. What is the amount of the low-income housing credit that Chris may claim in 200..
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