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Assignment: As one of the Botho students, who has done standard costing as one of the topics in the Cost Accounting module, you have been invited to come and table a discussion on possible causes of variances at the inter house links programme scheduled in a weeks' time. You are therefore requested to bring a blue print highlighting the following causes of different variances.
Required: For each of the variances listed below, state any two possible causes of each variance.
Material price, material usage, labour rate and labour efficiency variances
b) Muchson Ltd manufactures just a single product which it sells to its various customers for P16 per each unit. The total fixed costs totaled P230 400 per month and their product registered a contribution to the sales ratio of about 40%. If the company manages to get total actual sales of P672 000, calculate Muchson Ltd's margin of safety, in units.
What are some preventative steps that a patient could take to ensure that the correct co-pay amount is being paid. Provide the suitable example
If the company received $5,350,000 in cash for the robotic machine what would the journal entry be to account for the sale
Compute the total restaurant sales, and the sales of each product line that would be necessary to achieve the desired target net income and calculate the total restaurant sales and the sales of each product line that would be necessary to achieve t..
Find the predetermined overhead rate used to apply administrative costs to the two services assuming SMI uses the revenue to allocate administrative costs.
company took loans of rs 400000 from mbl and issued 8 debentures of rs 500000 b as collateral security pass journal
A diesel-powered tractor with a cost of $185,000 and estimated residual value of $37,000 is expected to have a useful operating life of 40,000 hours. During February, the generator was operated 140 hours.
Determine the required sales in dollars to earn a before-tax profit of $9,152,500. (Do not round intermediate calculations. Round your answer)
How much should be recognized as supplies expense on the income statement for the quarter ended March 31, 2014 - How much cash was paid to employees for the quarter ended March 31, 2014
How much is your service? I need help with an accounting problem: Prepare an income statement, using the single-step form, and a statement of owner's equity using the data (below) from the ledger of Morrison Co. after adjustment at September 30, 2..
Sold jobs for P425,000 on account. The cost of the jobs was P342,000. What is the Ending Balance of the Work In Process
They received payment for 198 units in April, and payment for 50 units in May. How much revenue is recognized on the March income statement
The Matsui Lubricants plant uses the weighted-average method to account for its work-in-process inventories. Compute the cost of goods transferred out
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