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Problem 1: Mom's Apple Pie Company uses a standard cost system. The standard direct labor time for each pie is 20 minutes. During the most recent month, the company produced and sold 5,400 pies. The standard direct labor rate is $21.00 per hour; the actual labor rate per hour for the month was $21.50. The company used a total of 1,780 labor hours. What was the direct labor rate variance for the month?
The work-in-process inventory at the end of August after allocation of any underapplied or overapplied overhead for the month is closest to - Evaluate the cost of goods sold for the year
Contribution margin per unit will remain unchanged at $2. How many units must be sold this year to earn the same net income as was earned last year?
Using the high-low method, estimate both the fixed and variable components of its maintenance cost. The information is available for a company's maintenance
What is the stock price if the discount rate for the stock is 10%? What is the dividend yield?
What is the present value index of the project if the required rate of return is set at 10%. How to determine the present value index.
Prepare the appropriate journal entries or calculations in good form using whatever. Prefer some sort of program such as excel.
$8 of variable overhead, and $16 of fixed overhead. Should Dental Associates, Inc., continue to perform dental cleanings, or should it begin to outsource them?
Write the formula of Operating Leverage. What will be the Net Income if the company sells 1,000 unit of its products? (Show workings clearly)
classified as manufacturing costs in requirement 1, estimate the cost for December. Assume that there will be no change in unit costs for any direct materials
Compute the predetermined overhead rate to be used in each department.
Determine the annual break-even point, in number of haircuts. Support your answer with an appropriate explanation. Show calculations to support your answer.
Determine the total interest expense for 2014 and Journalize the entry to record the amount of cash proceeds from the issuance of the bonds
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