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The standard cost card for a product shows that the product should use 4 kilograms of material B per finished unit and that the standard price of material B is $4.50 per kilogram. During April, when the budgeted production level was 1,000 units, 1,040 units were actually made. A total of 4,100 kilograms of material B were used in production and the inventories of material B were reduced by 300 kilograms during April. The total cost of material B purchased during April was $14,400. The material variances for material B during April were:
A. Option AB. Option BC. Option CD. Option D
The sales manager is convinced that a $6,000 increase in the advertising budget would increase total sales by $25,000. Would you advise the increased advertising outlay?
according to martin and steele the two principal professional associations in australia - cpa australia the cpa and the
What is the effect of target costing and value engineering on the use of variances?
What is the Market Value of the Option? What is the price of the underlying stock?
What lump sum must he invest now to have the $12,000 at the end of three years if he can invest money at? Six percent? Ten percent?
Planning strategies for the audit
Consider an American automaker like GM with production facilities in 50 countries and sales in almost 200 countries! To maximize profits, what decisions does GM have to make in regard to pricing and production?
Process Solutions provides a computer-based document processing service and general Manager has asked for your advice in relation to this disagreement within the management team.
What is the present value of $600 per year for five years if the required return is 10 percent (answer using Table 2 in Appendix B).
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What is the dividend yield, the capital gains yield, and the expected rate of return of the stock?
What is an impairment of a fixed asset? What objective should be of primary importance in the selection of a depreciation method for income tax reporting?
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