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Question - Direct materials variances - Bellingham Company produces a product that requires 2.5 standard pounds per unit. The standard price is $3.50 per pound. 15,200 units used 36,900 pounds, which were purchased at $3.65 per pound. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.
Open spreadsheet
What is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Round your answers to the nearest dollar. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
Do the calculations from Requirements b and c confirm your speculations in Requirement a?
The proper amount of cash is paid. The exchange lacked commercial substance. Make all entries that are necessary at April 1, 2018
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on january 1 2011 palmer company leased equipment to woods corporation. the following information pertains to this
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Question - Prepare a partial balance sheet. Waterway Corporation has the following accounts included in its December 31, 2017, trial balance
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Find what amount would be presented as the subsidiary Building in a consolidation at December 31, 2021, assuming the book value at that date is still P200,000?
the 3d printer company applies manufacturing overhead to products on the basis of standard machine hours. budgeted and
Assume that one-half of the stock options were exercised on January 1, 2025. Prepare the journal entry to record the exercise of the stock option
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