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Western Manufacturing produces a single product. The original budget for April was based on expected production of 14,000 units; actual production for April was 13,300 units. The original budget and actual costs incurred for the manufacturing department follow: Original Budget Actual Costs Direct materials $ 220,500 $ 216,600 Direct labor 170,800 165,400 Variable overhead 86,100 78,100 Fixed overhead 68,000 69,000 Total $ 545,400 $ 529,100 Required: Prepare an appropriate performance report for the manufacturing department. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable. Do not round intermediate calculations.)
Evaluate the internal depreciation charge that was made last year
Sell some receivables to a collector for $.65 per $1 of receivables. Delay payment of all outstanding accounts payable until the next year. Comment on the appropriateness of each option. Illustrate is there an ethical dilemma involved?
question using the code letters below show how each of the items listed could be handled in preparing bank
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Advise what the correct accounting treatment would be to record these transactions - however the amount of the damages will not be decided until 30th September 2014.
planning a fund-raising dinner original plan new deluxe event plan tickets that must be sold for the more deluxe event
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