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Bradford Company budgeted 4,750 pounds of material costing $6.5 per pound to produce 2,375 units. The company actually used 12,000 pounds that cost $6.6 per pound to produce 3,500 units.
What is the direct materials quantity variance?
$8,275 unfavorable
$32,500 unfavorable
$475 unfavorable
$32,500 favorable
$1,200 unfavorable
Company projects the next period sales will be 12,000 units. Company desires ending inventory equal to 20% of next month's sales. What is desired inventory? Also, if the beginning inventory is 100, and the current months sales are 14,000, what is the..
Due to an error, no depreciation was taken on this machine in 2010. Doe discovered the error in 2011. Illustrate what amount should Doe record as depreciation expense for 2011? The tax rate is 40%.
Peachtree automatically calculates financial statements once journal entries have been journalized and posted - The income statement is a summary of the revenue and expenses of a company for a period of time, such as an accounting period or a year.
A U.S. manufacturer wants to conduct business through a foreign subsidiary organized in a low tax jurisdiction. Expalin how might it do so without being currently taxed on the subsidiary's foreign earnings?
Clothing Frontiers began operations on January 1 and engages in the following transactions during the year related to stockholders' equity. Record the transactions, assuming Clothing Frontiers has no-par common stock.
Financial data for Bridger
You decide scenario - You have a small tax accounting preparation and bookkeeping practice. A new client enters your office and places a box of receipts and bank statements on your desk and says that she would like to have a set of financials prepare..
question 1crew an s corporation has gross receipts of 190000 and gross income of 170000. crew has aep of 22000 and
A foreign wholesaler offers to buy3,360units at $25each. Harley will incur special shipping costs of $1per unit. Assuming that Harley has excess operating capacity.
Is this ever discussed by management in the financials? Explain how might management minimize the impairment loss if one is reported? Consider the two steps of the process for determining impairment.
tiger computers inc. of singapore is taking the purchase of an automated etching machine for use in the production of
Explore the essay question in depth using at least 10 academic references (>10 is likely to be expected for a high standard Research Essay).
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