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The following standards for variable overhead have been established for a company that makes only one product:Standard hours per unit of output 4.9 hoursStandard variable overhead rate $15.00 per hourThe following data pertain to operations for the last month:Actual hours 8,600 hoursActual total variable overhead cost $125,040Actual output 1,740 unitsWhat is the variable overhead rate variance and efficiency variance, and are they favorable or unfavorable?
an end of the month 13113 inventory showed that 140 units were on hand. if the company uses fifo and sells the units
question 1. bilton company reported net income of 30000 for the year. during the year accounts receivable increased by
Before preparing financial statements for the current year, the chief accountant for Springer Company discovered the following errors in the company accounts:
Prepare an amortization schedule that would be suitable for the lessee for the lease term
1. Explain the role of financial statement audits in a capitalist society including why audits of financial statements are beneficial to society as a whole. Your response should include the purpose of capital markets, the effects on the veloci..
brown is a licensed cpa. during the first month of operations of her business a sole proprietorship the following
The two main types of pension plans are defined benefit plans and defined contribution plans. Explain the difference between the two. How does the accounting for each differ?
On May 1, 2011, $120,000 of the bonds were redeemed at 111. How much, and what type of gain or loss, most likely results from this redemption?
the pritzker music pavilion in downtown chicago is a technologically sophisticated and uniquely designed performing
Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and contribution margin per unit are as follows.
write a 200- to 300-word paragraph answering the following questionsmiddot what is the difference between
consider the following quality cost reportyear 1year 2year 3prevention177516501650appraisal250025002500internal
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