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Management has determinined that each medium-sized box has a standard materails cost of $1.20 when 4 pounds of raw materail at a cost of .30 per pound are used. The static budget for the month of march showed and estimate production of 15,000 boxes in March. During March 17,000 boxes were actually produced. The actual cost for each box was 1.56 when 3.9 pounds of raw materail at a cost of .40 per pound were purchased and used. What should be the total direct materails cost according to Violetta's flexible budget for March?
A. 23400
B. 20400
C. 26520
D. 18000
Calculate the firms cash conversion cycle, its daily cash operation expenditure and the amount of resources needed to support its cash conversion cycle.
A 60-day, 10% note for $7,200, dated April 15 is received from a customer on account. The face value of the note is the one listed below.
If you were an investor in Home Depot ’ s stock, would you be unhappy because your dividends represented such a small percentage of the company’s net income? Why do you think Home Depot is paying out?
Prepare journal entries for the above transactions and any refund owing with respect to the forfeited shares was refunded to the former shareholders on 20 January 2014.
A company sells a building to a bank in 2013 at a gain of $100,000 and immediately leases the building back for period of five years. The lease is accounted for as an operating lease. The building was originally purchased for $200,000 and currently h..
Calculating Annuity Payments, Perpetuity Present Value, Perpetuity Required Rate and Effective Interest Rate and Determine the annual loan payment be?
question1. using microsoft excel prepare a flowchart documenting the acquisitionpayment process for abc corporation.
Specified the demand for 1,500 Walnut Tables what is the manufacturing time per processing step and in total to manufacture 1,500 Walnut Tables What manufacturing step is a restriction for the current demand
What accounting principles relate to inventory management? What is the purpose for the lower-of -cost-or-market rule? How is it computed?
on march 10 2014 no doubt company sells equipment that it purchased for 352800nbspon august 20 2007. it was originally
In 2014, its first year of operations, Kimble Corp. has a $770,000 net operating loss when the tax rate is 35%. In 2015, Kimble has $320,000 taxable income and the tax rate remains 35%.
Prepare cash flows from operating activities section of statement of cash flows, using the indirect method.
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