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Question -
1. Direct materials rate variance, $800 unfavourable.
2. Direct materials efficiency variance, $1,800 favourable.
3. Direct manufacturing labour rate variance, $4,000 favourable.
4. Direct manufacturing labour efficiency variance, $600 unfavourable.
(a) Give at least three alternative good reasons why a favourable rate variance for direct materials might be reported.
(b) Give at least three alternative good reasons why an unfavourable efficiency variance for direct manufacturing labour.
at the beginning of its 2010 calendar-year accounting period abc inc. had retained earning of 1500000. during 2010 abc
Prepare in good form a Balance Sheet for the General Fund as of the end of fiscal year
Adam Merritt, president of Good to Go, is considering the issuance of bonds to finance an expansion of his business. Write a memorandum to the president
It had $ 100,000, $50,000, and $90,000 of taxable income for the first, second, and third quarters, What is Omnidata annual estimated taxable income
Prepare entries to record the retirement of the machine under each of the following unrelated assumptions: (a) it was sold for $15000
The Stellar, Inc. sold 9,830 season tickets at $1,810 each. What amount should be reported as a current liability at December 31, 2017
Key comparative figures for Polaris and Arctic Cat follow.
Union dues of $25.00 are deducted from each pay. Her TD1 and TD1AB forms have claim code 1. Calculate her net taxable income
compute to the nearest second decimal the number of: a) British pounds that can be acquired for US 100. b) US dollar that 50 Dutch guilder will buy
We very briefly discussed the concept of Balanced Scorecards in our lab introduction. Identify at least two metrics for each of the (1) Customer
Should previous work programs be used? Why or why not? How can you tell if a work program will be successful?
You have been provided the following information for FAMFA Inc for the year ending December 31, 2015. Prepare FAMFA Inc income statement
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