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Question - The following data relate to direct labor costs for the current period:
Standard costs 7,400 hours at $11.80
Actual costs 6,200 hours at $10.00
What is the direct labor time variance?
a. $14,160 unfavorable
b. $12,000 favorable
c. $12,000 unfavorable
d. $14,160 favorable
For the past three years DMR, Inc. did not write off numerous accounts of customers who were in default and unlikely to pay their bills.
how can a country's tax system affect the manner in which an operation in that country is financed by a foreign investor?
Use this information to determine the number of current ratio as of December 31, 2018: Cash 27,000 $24,000 and Inventory 46,000 48,000
The Johnson Corporation's net income is $10,000, a return on equity of 20 percent, and a debt ratio of 60 percent, What is its return on total assets (ROA).
After the course, Danny spent the last day sightseeing. During the trip, Danny also paid $140 a day for meals, and $80 a day for a rental car. What amount of these travel-related expenditures may Danny deduct as business expenses.
Deacon Co. reported annual net sales for 2010 and 2011 of $565,000 and $647,000, respectively. Its yearend balances of accounts receivable follow.
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Provide all journal entries pertaining to Martin's line of credit for the first four months of 2013.
Fern Co. has net income, before taxes, of $200,000, The tax rate for the current year is 30%. What is Fern's effective tax rate
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