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Question - Information on Crane's direct labor costs for the month of August is as follows:
Actual rate $6
Standard hours 11000
Actual hours 10000
Direct labor price variance-unfavorable $2400
What was the standard rate for August?
$5.98
$6.24
$5.76
$6.02
suppose that the financial management corporations 1000 par-value bond had a 5.700 coupon matured on may 15 2017 had a
Shubelik Company is changing to an activity-based costing method. They have determined that they will use three cost pools. They are set-ups, inspections, and assembly. Which of the following would be used as the activity base for assembly?
Lazaro Inc. sells goods on the installment basis and uses the installment-sales method. Due to a customer default, Lazaro repossessed merchandise.
If income tax expense for the current year was $46,000 and income tax payable decreased by $5,200 during the year, what was the amount of cash payments for income tax?
a company sells computers at a selling price of 1800 each. each computer has a 2-year warranty that covers replacement
Sales Returns and Allowances $3,000; Freight-out $1,000; and Purchase Returns and Allowances $2,000.The ending merchandise inventory is $25,000. Prepare a cost of goods sold section for the year ending August 31 (periodic inventory).
Calculate the dollar amount of each type of service that the company must provide in order to break even
Calculate break-even time for the new product, Rochester Rockets Ltd. plans to introduce a new model of hobby rocket
On January 2, 2006, Picard Enterprises issued $2,400,000 of 8 percent, Provide the journal entry to record issuance of the bonds
Garcia inc has total fixed costs of $160,000 and a contribution margin ratio of 20%. How much total sales are necessary to break even
suppose there is a well-financed one-year-old company in biotech industry that is concentrating on developing
Medusa Company allocates costs from the payroll department and What amount of the payroll department costs will be allocated to the molding department
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