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1. What circumstances may cause the purchasing department to be responsible for both an unfavorable materials price variance and an unfavorable materials quantity variance?
2. What are the four perspectives used in the balanced scorecard? Discuss the nature of each, and how the perspectives are linked.
Benefit-cost analysis
Alex Curtis, during the audit of Landon Company, has determined that the company will be preparing its financial statements on a liquidation basis of accounting due to the fact that management has decided to liquidate Landon Company at the end of the..
Identify the four financial statements of a business, and what information is reported in an income statement - why does the user of an income statement need to know the time period that it covers?
Sarahh Roberts is the assistant chief accountant at the HK Company, a manufacturer of computer chips and cell phones. The company presently has total sales of $20 million. What are the ethical issues? Who are the stakeholders? What are Sarahh’s alte..
Calculate the cost per cart using direct labor hours to assign overhead costs and What is the gross margin on a deluxe golf cart?
If the predetermined overhead rate was $6 per machine hour, overhead was underapplied by $40,000, and actual machine hours were 70,000; illustrate what was the actual overhead cost?
Analyse and evaluate the arguments for, and against, for each of the case studies.Which arguments do you consider to be more compelling?
The company could issue 300,000 additional shares of $1 par value common stock for $8 per share The company will begin paying a dividend to the common shareholders of $0.25 per share and this will continue into the future. What is the annual cash req..
journal entries for legal expenses incurred in contesting the insurance settlement.1. 342009 paid the february 2009
Calculate a predetermined overhead rate based on the number of units of product expected to be made during the first four months of the year and calculate the total cost per unit for each month
Dizzy Chemicals Ltd is a resident of the Republic of South Africa. It is a registered value-added tax (VAT) vendor with a 30 June financial year end.
Tornados have never before occurred in this area. Assuming that the companys tax rate is 30%, what amount will be reported for this loss on the income statement?
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