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Question - Homer's Doughnut Shop budgeted $28,000 for revenue in September. If actual sales amounted to $28,850 and the threshold for significance is $500, what is the actual to budget revenue variance for September?
a. $580, Favorable, Significant
b. $580, Unfavorable, Not significant
c. $580, Favorable, Not significant
d. $580, Unfavorable, Significant
Given the tools and training that accountants currently Determine data presents the roost challenges with respect to data manipulation.
Claremont Company specializes in selling refurbished copiers. During the month, the company sold 175 copiers at an average price of $2,900 each.
The Athletic Accountant Company produces exercise equipment for accountants. Its main product, the Pencil-Pusher Push-Up Platform, is sold with a three-year warranty against defects. amount that should have appeared in warranty obligation
Make the entries for LabTech to record the purchase and any additional entries related to this investment in UnderTech Company in 2017
The automobile cost $36,000, and no amounts are expensed under Sec. 179 or bonus depreciation. What is depreciation for 2013-2018 and any subsequent years
Evaluate the accounting decisions made by MicroStrategy from an earnings management perspective. What was the company trying to accomplish through the use of these accounting techniques?
on september 1 the balance of the accounts receivable control account in the general ledger of seaver company was
Identify the limitations of the internal control system. Provide at least 3 limitations. Provide at least 2 examples of internal control procedures, and explain how these procedures can be implemented.
What did the company purchase that resulted in the cash outflow from investing activities?
on jan 1 2004 apple inc. purchase a 3 yr insurance policy for 6000. on dec 31 2004 the fiscal year-end for apple. what
Prepare the statement of cash flows using the indirect method
Cost Behavior at Southwest Airlines In this exercise, we will look at some costs and see if we can determine the type of behavior associated with those costs.
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