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The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5,000 units during May were as follows: Standard: 25,000 hours at $10 $250,000 Actual: Variable factory overhead $202,500 Fixed factory overhead 60,000 What is the amount of the factory overhead controllable variance?
rockwell company owns a single restaurant which has a cantina primarily used to seat patrons while they wait on their
you are considering a project with an initial cost of 7500. what is the payback period for this project if the cash
what is meant by double taxation of a corporations income? why does this double taxation not occur in sole
A business using the retail method of inventory costing determines that merchandise inventory at retail is $570,000. If the ratio of cost to retail price is 72%, what is the amount of inventory to be reported on the financial statements?
Describe the components of the common body of tax law (CBOTL). Include in your response answers to the following questions: What role does the U.S. Congress play in creating the tax law? Briefly explain how a tax bill becomes a tax law.
brief exercise 7-1 accounting for bad debtsbadger recorded 500000 of net sales for the year of which 2 is estimated to
in the month of april a department had 500 units in the beginning work in process inventory that were 60 complete.
When Medicare and Medicaid were created, reimbursement of services changed. These entities comprised a very large portion of a health care provider's business. Explain how Medicare and Medicaid have affected cost-setting for a health care organiza..
department a department b department c total sales 300000 280000 120000 700000 variable expenses 160000 175000 105000
bogeeta inc. manufactures two products - bicycles and skateboards. for each bicycle sold the company receives 95. for
because improved computer security measures sometimes create a new set of problems-user antagonism sluggish response
the 2010 annual report of software city inc. included the following comparative summary of earnings per share over the
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