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Lata Inc. produces aluminum cans. Production of 11-ounce cans has a standard unit quantity of 4.9 ounces of aluminum per can. During the month of April, 350,000 cans were produced using 1,300,000 ounces of aluminum. The actual cost of aluminum was $0.19 per ounce and the standard price was $0.11 per ounce. There are no beginning or ending inventories of aluminum.
Calculate the total variance for aluminum for the month of April.
legal and accounting fees to set the business up and $9,000 for staff training. What are the tax consequences to Justin for these expenditures when the restaurant opens in July? For Rachel?
Alan made deposits of 400$ semiannually to his bank account, which pay 10% interest compound semiannually. After 4 years, Alan made no more deposits. What will be the balance to the account 3 years after the last deposit
Assume that you will have a 10-year, $12,000 loan to repay when you graduate from college next month. The loan, plus 5 percent annual interests on the unpaid balance, is to be repaid in 10 annual instalments of $1,554 each, beginning one year after y..
Prepare a bond amortization table assuming straight-line amortization. Provide the journal entry for December 31, 2010.
Prepare a statement of cash flows in proper form using theindirect method. The only noncash items in the income statement are depreciation and the gain from the sale of the investment.
Explain the importance of the notes to the financial statements.7. What causes an auditor's report to be qualified? adverse? a disclaimer of opinion? unqualified with explanatory language?
At the completion of the project, the machine will be sold. - Over how many years should the machine be depreciated?
It had accumulated $4 million of after-tax income in prior years-It had accumulated $129,000 after-tax income in prior years.
Prepare a flexible budget for a normal school month. Prepare a flexible budget for October. Do you think it was worthwhile for Luis to add the additional shifts for homecom- ing weekend last October?
calculation of current assets total assets amp net income.calculate 1 current assets 2 total assets 3 net income based
Game theory "seeks to predict behavior based on an individual's best response given that individual's motivations and the individual's beliefs regarding the likely behavior" of others. A good example is the prisoner's dilemma. Explain how does th..
Calculate Whole Foods' operating cash flows ratio. Discuss the implications of this ratio when evaluating Whole Foods' short-term liquidity.
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