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Controer has prepared a Static budget for November Estimated production 1000 units direct labor per unit 12 minutes Direct labor for estimated production 200 hours average direct labor rate per hour $9 estimated direct labor cost $1800 Actual production in November was 1300 units and actual direct labor cost was $2520 If Camden prepares a flexible budget for November the projected direct labor cost would be
hourly rate to cover the cost of each financial adviser.work the problem using the following variables average salary
A company is considering the purchase of a new machine for $54,400. Management predicts that the machine can produce sales of $37,600 each year for the next 10 years. Expenses are expected to include direct materials, direct labor, and factory overhe..
An 8% change in variable costs should result in a 40% change in contribution margin. An 8% change in fixed costs should result in a 40% change in income. An 8% change in variable costs should result in a 40% change in break-even sales.
The following? data, in physical? units, describe a grinding process for? January: Compute the normal and abnormal spoilage in units. Assume that the equivalent-unit cost of a spoiled unit is $9. Compute the amount of potential savings if all spoilag..
Prepare the new etching machine an acceptable investment?
Nice Lawn needs to purchase more copper to make lawn ornaments. Nice Lawn creates an order sends it to the copper vendor online. When Nice Lawn receives the copper shipment, the receiving department verifies the order is correct. In the enter bills c..
Crain Co. purchased 60, 6% George Company bonds for $60,000 cash. Interest is payable semiannually on July 1 and January 1. If 30 of the securities are sold on July 1 for $32,000, the entry would include a credit to Gain on Sale of Debt Investments f..
Mitch invests #200,000 in a city of Vacaville bond that pays 6 percent interet. Alternatively, Melinda could have invested the 200,000 in a bond recently issued by sincething Inc. that pays 8 percent interest with similar risk and other nontax charac..
Give Journal entries for the following:
computation of common stock dividend.reiner wholesale merchandise had 20000 shares of 6 20 par value preferred stock
Suppose you are the controller of a company that sells inventory. Suppose, too, that the economy currently enters a period of high inflation. Although profits are higher this year than last year, you realize that the cost to replace inventory is also..
Provide a brief overview of their history and it's significant business activities. What was the company's profit of losses reported in the annual report? Provide profit/loss for all three income statements. what are the two largest assets and two la..
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