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The standard direct material cost to produce one widget is four meters of widget line (material) at $3.00 per meter. Durig May 2016, 6,000 meters of line (material) costing $17,500 were purchased and used to produce 1,500 units of widgets. What was the material price variance for May 2016?
a. $200 Favorableb. $500 Unfavorablec. $800 Unfavorabled. $500 Favorable
Smoky Mountain Corporation makes two types of hiking boots-Xtreme and the Pathfinder. Compute the product margins for the Xtreme and the Pathfinder products
Rick Smith, Bill Thomas, Diane Asche, and Jill Renteria are equal owners in "STAR, Inc." - a corporation engaged in event planning services. Pertinent information regarding STAR is summarized below.
The Kwok Company's inventory balance on December 31, 2013, was $165,000 (based on a 12/31/13 physical count) before considering the following transactions:
On October 1, 2010, Menke Co. purchased to hold to maturity, 200, $1,000, 9% bonds for $208,000. An additional $6,000 was paid for accrued interest. Interest is paid semiannually on December 1 and June 1 and the bonds mature on December 1, 2014. M..
diablo company leased a machine from juniper corporation on january 1 2013. the machine has a fair value of 20000000.
Record the events under an accounting equation and after all events have been recorded, Lang's obligations to creditors represents what percent of total assets?
If Hunter Corporation commits to paying a total $450,000, what is the total dividend payment to preferred shareholders
explain how a gain or loss on the disposal of a long-term asset is calculated. how do gains and losses differ
Compute the partners' basis in the units received in the exchange. Prepare a tax balance sheet for Plummet Company (assuming it is a partnership).
On September 1, 2013, Carolina Electronics Company has 1,000 Blu-ray players ready for sale. Prepare the journal entries for the preceding transactions
What accounting and other information would you look at to assist management in evaluating possible damages?
national orthopedics co. issued 9 bonds dated january 1 with a face amount of 500000 on january 1 2013. the bonds
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