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Question 1 - Annapolis Company completes job #601 which has a standard of 600 labor hours at a standard rate of $18.20 per hour. The job was completed in 510 hours and the average actual labor rate was $19.70 per hour. What is the labor rate variance? A negative number indicates an favorable variance and a positive number indicates an unfavorable variance.
Question 2 - Annapolis Company completes job #601 which has a standard of 650 labor hours at a standard rate of $18.00 per hour. The job was completed in 640 hours and the average actual labor rate was $19.30 per hour. What is the labor efficiency (quantity) variance? A negative number indicates an favorable variance and a positive number indicates an unfavorable variance.
On January 1, 2010, Gucci Brothers Inc. started the year with a $500,000 credit balance in retained earnings and a $608,000 balance in common stock. During 2010, the company earned net income of $109,000, paid a dividend of $14,200, and issued mor..
suppose you want to estimate the proportion of cars that are sport utility vehicles suvs being driven in kansas city
QNT 5160- Why was Mark's initial forecast of call volume so far off? What could have been the reasons for this? What could Mark have done differently to improve his initial forecast?
Use this information to prepare the General Journal entry (without explanation) for the August 31, 2016 monthly lease payment
The cost of this policy was $3,000. What is Towson's 2018 accrual basis net income or loss? Enter a loss as a negative number
There was no gain or loss on the sales of the long-term investments, nor on the bonds retired
The ledger of the General Fund of the City of New Elisa shows the following balances at the end of the fiscal year. Prepare closing journal entries for these budgetary and financial accounts.
Explain what is corporate governance. Please list the contents in the Chairman's Report of the annual report. Elaborate on the three pillars of sustainability
Mason Company gathered the following information from its accounting records and the October bank statement to prepare the October bank reconciliation: The up-to-date ending cash balance on October 31 is:
At a nominal annual rate of 9% compounded monthly, calculate the present value of the retirement benefit to the nearest thousand.
The common stock has a market price of $20 per share, and the preferred stock has a market price of $100 per share. Prepare the journal entry to record issuance
MM and RR agreed on a joint operation to purchase and sell car accessories. How much was the joint operation's sales
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