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Question 1: Concord Corporation uses flexible budgets. At a normal capacity of 14000 units, the budgeted manufacturing overhead is $42000 variable and $270000 fixed. It had actual overhead costs of $314800 for 16000 units produced; what is the difference between actual and budgeted costs?
How would you design compensation program for executives in a publicly traded firm in order to avoid principal-agent conflicts?
On January 3, 2011, McDonald Inc. purchased 40% of the outstanding common stock of Old Farms Co., Prepare the journal entries made by McDonald Inc. during 2011 related to its investment in Old Farms.
$20,000 and a commission of 7% for all sales over $20,000 made during the week. If Joe has sales of $28,500 in one week, what is his weekly pay?
On Jan 1 , 2004, DAWA Company acquired $ 1,000,000, Show the amortization of premium for the first four consecutive periods.
At what constant rate is the stock expected to grow after Year 3? Round your answer to two decimal places. Do not round your intermediate calculations.
Has "Public company accounting oversight board" (PCAOB) met its objective? What-if any-changes would you want to add to the scope of the PCAOB?
Question - What is the future value of $200 deposited today at eight percent interest compounded annually for three years
Actual results for 2019 were costs of $700,000. The company produced 650,000 units. The amount of overhead applied to production was
Prepare a cash disbursement budget for March - May only.
How much would you have to invest in bonds in order to have the same after tax receipts as you currently receive annually from your preferred shares?
Please prepare the following journal entries. Indicate which account should be debited with the abbreviation DR in front of the account name and which account should be credited.
In your opinion is risk an important consideration in financial decision making? Why? How is it related to returns? Provide the suitable example.
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