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Stellar Packaging Products' controller, Robin Simmons, recently completed the direct materials and direct labor variance analyses for the current period. The direct materials price variance for plastic was unfavorable; the direct materials efficiency variance for plastic was favorable. In addition, the direct labor price variance was unfavorable; the direct labor efficiency variance was favorable.
Often variances occur simultaneously and provide insight regarding the performance for the period. Indicate one reason for each of two of these variances and ensure your explanation is interrelated, meaning the two events giving rise to the variance occurred simultaneously in a cause and effect manner.
Write a 3 to 4 sentence paragraph.
the city of ridgetown received a gift of 3000000 from a local resident on april 1 2012 and signed an agreement that the
What is the total of consolidated cost of goods sold and What is the total of consolidated revenues, What is the consolidated total for inventory at December 31, 2011?
Quartz Co. sells home furniture had the following account balances: Required: Prepare income statement in a multiple step format.
Explain the value of preparing a contribution income statement. Describe the concept of sensitivity analysis and explain the value of applying it during any budgeting process.
rosario company which is located in buenos aires argentina manufactures a component used in farm machinery. the firms
What are some of the lifestyle changes that may indicate fraud and unreported income?
mark macy is buying a house. the house costs 250000. he plans to put 50000 down and borrow 200000 at 3 for 30 years.
Compute Mark's and Pamela's ending basis in their partnership interests assuming their beginning balances are $150,000 each.
flygt corporation sells one product its waterproof hiking boot. it began operations in the current year and had an
during its most recent fiscal year simon enterprises sold 400000 electric screwdrivers at a price of 21.00 each. fixed
David organize white Corporation with a transfer of land (basis of $200,00, fair market value of $600,000) that is subject to a mortgage of $150,000. A month before the incorporation, David borrowed $100,000 for personal purpose and gave the bank ..
Kessler estimates its annual warranty expense as a percentage of sales. The amount charged to warranty expense on its books was $105,000. Assuming a 40% income tax rate, what amount was actually paid this year for warranty claims?
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