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Francis Company uses flexible budgets. At normal capacity of 8,000 vases, budgeted manufacturing variable overhead is $48,000. If Francis had actual variable overhead costs of $58,500 for 9,000 vases produced, what is the difference between actual and budgeted costs for variable overhead?
The original cost was $2,000. They were billed $2,100 as there was a price increase. Illustrate what accounting entry will they make on June 18?
The chief financial officer of the company believes a more realistic scenario would be a $1,000,000 increase in sales, requiring a $250,000 increase in average operating assets, with a resulting $200,000 increase in net operating income. What wou..
he paid the balance by a loan from his hometown bank. The loan is to be paid on a monthly basis for 2 years charging 12 % interest. Find how much are the monthly payments?
Calculate the cost per cart using direct labor hours to assign overhead costs and What is the gross margin on a deluxe golf cart?
Analysis of various Discounted Cash Flow methods - Why do many operating managers still use payback and accounting return on investment despite their drawbacks?
The required volume of output to produce the parts will not require any incremental fixed overhead. Incremental variable overhead cost is $2.00 per unit. Should Kimball make or buy the parts?
Elucidate the evidence provided by Apollo Shoes. Decide how to structure the audit report for the provided evidence. Compose an audit report reflecting the appropriate length, sections, and content for the provided information.
Find what purposes are served by Shelter Partnership's cost information and Find what are cost objects?
Did the accountant record the transaction correctly? Why would the Board of Directors want to show the gain? Are there any ethical issues involved? Illustrate what is the correct journal entry for the sale of the stock?
What would be the following the RNOA of the subsequent company?
Describe why the cost of the pollution-control equipment was not expensed in 2007. What conditions would have allowed Merton to expense the equipment? If Merton has a choice, would it prefer to expense or capitalize the equipment?
The agreement made no explicit allocation of any of the $600,000to Clyde's agreement not to compete against Red. How should Clyde treat the $600,000 payment on his 2010 tax return?
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