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Emerald Marine Stores Company manufactures decorative fittings for luxury yachts that require highly skilled labor, and special metallic materials. Emerald uses standard costs to prepare its flexible budget. For the first quarter of 2015, direct material and direct labor standards for one of their popular products were as follows. Direct materials: 3 pounds per unit; $4 per pound Direct labor: 4 hours per unit; $20 per hour Emerald produced 5,000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that the company used 25,000 direct labor hours and actual total direct labor costs were $375,000. Calculate the direct labor cost variance. $300,000 Unfavorable $125,000 Favorable $300,000 Favorable $125,000 Unfavorable
Wiemers's 2014 income statement included net sales of $100,000, cost of goods sold of $60,000, and net income of $15,000.
If the yield on the Standard & Poor'sPreferred Stock Index declines, how will the price of the preferred stock be affected?
boston galleries uses the specific identification method for inventory valuation. inventory information for several oil
on september 17 2013 ziltech inc. entered into an agreement to sell one of its divisions that qualifies as a component
Paul Dobson Company sponsors a defined benefit plan for its 100 employees. On January 1, 2010, the company's actuary provided the following information.
Use a selected company or your current work environment to identify at least one cost or expense that would fit under each of the following categories:
aviss taxable income for the year is 300000 and bests taxable income for the year is 425000. for each of the scenarios
How many boxes should be produced in 2012?
Prepare a report as of August 30, 2008, presenting a differential analysis of the further processing of rawsugar to produce refined sugar. Briefly report your recommendations
Marriott International, Inc., and Wyndham Worldwide Corporation are two major owners and managers of lodging and resort properties in the United States. Abstracted income statement information for the two companies is as follows for a recent year
The character of any income or loss will be ordinary if the contributed property is sold by the partnership within five years after the date of contribution regardless of the character of the asset in the hands of the partnership.
Assuming that the City maintains its books and records in a manner to facilitate the preparation of the fund financial statements, what is the appropriate entry in the General Fund to record this sale?
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