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Rogers, CPAs, set the following standard for its inventory audit of La Bamba Co.: 350 hours at an average hourly billing rate of $195. The firm actually worked 330 hours during the inventory audit process. The total labor variance for the audit was $2,500 unfavorable.
a) Compute the total actual payroll. Recrod the entry to accrue payroll costsb) Compute the labor efficiencyc) Compute the labor variance
2Bonnie's Company has the following information available for the current year when 25,500 units were produced:
Material 95,625 feet used (100,000 feet purchased @ $2.50 per foot)Labor 122,400 direct labor hours incurred @ $8.35 per hour
1. Compute the usage material price and quantity variances as well as the total materials variance. Indicate for each whether F or U.
2. Compute the labor rate and efficiency variances as well as the total labor variances.Indicate for each whether F or U.
which of the following is an example of an accrued expense? a. salary owed but not yet paid b. fees received but not
investments quick and slow cost 1000 each are mutually exclusive and have the following cash flows. the firms cost of
As Jonah wades through huge piles of the inventory and questions the team on operations, he quickly identifies the problem. Which of the implemented methods above does Jonah contribute to stacks of inventory?
This year the trust is terminated. Albert has a 40% interest in the trust, and Barbara has a 60% interest. Barbara receives a capital loss pass-through of:
xyz company sold 30000 units last month and sales totaled 1500000 usd. total variable monthly expenses were 600000 and
What is the difference between the auditor's approach in verifying sales returns and allowances and sales? Why is there a difference?
Evaluate the social issues likely to impact on a business operating in a developing country.
hancock reported assets of 13362 million at january 1 and 13369 million as of december 31 of the current year. hancocks
the unadjusted trial balance for sierra corp. is shown below. sierra corporation trial balance october 31 2014 debit
What are the great approaches for cash management? If you are the controller who is in charge of managing cash, what methods would you take and why? 200-250 words please.
Prepare flexible budget performance report that shows any variances between budgeted results and actual results. List fixed and variable expenses separately.
consider the three component layers of cloud computing and explain in your own words how each layer of technology is
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