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Question - Crane Manufacturing Company purchased 18800 switches to make 8400 units. The standard allows for 2 switches per unit. The company actually used 19300 to produce the 8400 units. Crane budgeted $0.93 per switch but had to pay $0.98 per switch. What is Crane's direct materials price variance for the period?
a. $965 unfavorable
b. $940 unfavorable
c. $840 unfavorable
d. $620 unfavorable
Critically evaluate two journal articles to analyse the practical use of management accounting systems by contemporary companies, in terms of their relevance.
Average fixed cost per unit goes down, that's why plant B is supposed to be more profitable that A, but numbers show the opposite. What's going on?
Costs incurred after the split-off point, calculate, for each production run, the amount of joint cost allocated to Ultrasene on a relative sales value basis.
Due to varying business characteristics, the managerial accounting techniques applied in each business may differ. For example, a business in the start-up phase
Sandhill budgeted $0.90 per switch but had to pay $0.95 per switch. What is Sandhill's direct materials price variance for the period
What are the main differences between the financial ratios that are used to evaluate the performance of manufacturing vs. service companies?
What is the value of OPC if it chooses to retire all of its debt and become an unlevered firm? The firm plans to use this cash either to retire
Compute the updated current ratio after each transaction, by showing the cumulative effects of transactions. Good Sports, Inc., is a private full-line sporting.
Callaham Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $115.80 per unit.
Discuss an optimal transfer price policy for the internal sale of lenses by Barberini. Outline three key factors which make this an appropriate transfer
question 1 in most organizations customer satisfaction is one of the top priorities. as such attention to customers is
Given: the following values vi = 22.4 m/s vf = 0 m/s
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