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Green Company's costs for the month of August are as follows:
Direct material used $ 27000
Direct labour $ 34000
Sales salaries 14000
Indirect labor 10000
Indirect material 15000
General corporate administrative cost $12000
Taxes on manufacturing facility $ 2000
Rent on factory $ 17000
Problem 1: The beginning work-in-process inventory is $16,000 and the ending work-in-process inventory is $9,000. What is the cost of goods manufactured for the month?
Prepare a journal entry to record labor cost and related variances during the month.
Calculate the total, price, and quantity variances for materials. Buerhle Company purchased (at a cost of $10,220) and used 3,500 kg
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What is the difference in profit between variable and absorption costing? It has no opening inventory and the closing inventory is 500 units.
Create performance measurement report for each of subsidiary plants. If goal incongruence biggest concern, what tool should accountant avoid for evaluation?
Describe the four patterns typically found in time series data. What is meant by the expression "decomposition" with regard to forecasting? Briefly describe the process.
Prepare a T-account for Work in Process Inventory to show activity during June, including the June 30 balance.
Quarter should equal 10% of the next quarter's production needs. What would be the budgeted purchases of raw materials in the third quarter?
What were the standard hours allowed for actual production for the year ended November 30, 2004? What was the VOH efficiency variance for the year?
question 1 decision analysis show all calculations to support your answers. round all probability calculations to 2
For the month noted, what was the relationship between the operating income under variable costing as opposed to under absorption costing?
Calculate the performance measure that potentially induces (i.e., reduces) the aforementioned under-investment problem. Financial Performance Measures
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