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Based on the standard set by Hillman Company, 2,250 direct labor hours should have been used in the production this period at a cost of $15 per hour. The actual results indicate that 2,200 hours were used at a total cost of $35,200. What are the direct labor price variance? What is the direct labor usage variance?
If sales taxes must be remitted to the state government monthly, illustrate what entry will Al's Bookstore make to show the April remittance?
The liabilities of Cummings Company are $90,000 and the stockholders' equity is $230,000. What is the amount of Cummings Company's total assets?
western apparel company owns two stores and management is considering eliminating the east store due to declining
Which country has the absolute advantage in the production of each good? Which country has the comparative advantage?
on 1st december 2012 simmons company sold land to keller company. the two companies entered into an installment sales
the harshman company constructed a building for its own use. the company incurred costs of 20000 for materials and
Where is "deferred income taxes" reported in M&S's statement of cash flows? Why does it appear in that section of the statement of cash flows?
During the same year, cash was paid out to purchase inventory for $ 335,000, to employees for $ 230,000, and for the purchase of plant assets of $ 190,000. Calculate amount of cash provided by or used for operating activities by the direct method.
Bear population. To estimate the size of the bear population on the Keweenaw Peninsula, conservationists captured, tagged, and released 50 bears.
On January 1, 2015, Fisher Corporation paid $2,290,000 for 35 percent of the outstanding voting stock of Steel, Inc., and appropriately applies the equity method for its investment. Any excess of cost over Steel's book value was attributed to goodwil..
What is the amount of the refund owed to the customer? Journalize the entries made by the seller to record the return and the refund. If an amount box does not require an entry, leave it blank.
Determine amount of the amortization or depletion expense for the current year for each of the foregoing items.
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