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1) Labor data for making one gallon of finished product in Tang Company are as follows: (1) Price-hourly wage rate $16.55, payroll taxes $0.81, and fringe benefits $1.77. (2) Quantity-actual production time 1.39 hours, rest periods and cleanup 0.32 hours, and setup and downtime 0.17 hours. Compute the following. (Round answers to 2 decimal places, e.g. 1.25.)
$
2) Simba Company's standard materials cost per unit of output is $11.52 (2.40 pounds x $4.80). During July, the company purchases and uses 3,100 pounds of materials costing $16,740 in making 1,400 units of finished product. Compute the total, price, and quantity materials variances.
Wilma is a widow, age 80 and blind, who is claimed as a dependent by her son. During 2009, she received $4,800 in Social Security benefits, $2,200 in bank interest, and $1,800 in cash dividends from stocks. Wilma's taxable income for 2009 is:
on january 1 a company issues bonds dated january 1 with a par value of 400000. the bonds mature in 5 years. the
Explain how the statement of retained earnings relats to the balance sheet.
Very simple and high level, an S corp or an LLC
sycamore company uses a certain part in its manufacturing process that it buys from an outside supplier for 29 per part
Calculate the restated cash dividend per share for 2009 reported in the 2011 annual report for comparative purposes. Round your answer to two decimal places.
which of the following describes the behavior of the fixed cost per unit?a. decreases with increasing productionb.
Write a summary of a current event article relating to cost behavior and/or cost-volume-profit analysis. Please cite your source. The article can be from television, newspaper, or a current magazine. Please give some thought to the assignment and ..
the charter of a corporation provides for the issuance of 100000 shares of common stock. assume that 60000 shares were
Make the required end-of-period adjusting entries for each independent case listed below.
If the investor holds the bond until it matures and collects the $1,000 par value from the Treasury and his marginal tax rate is 28 percent, what will his after-tax yield to maturity be?
Calculate the amount of the unrealized gain show non ZZ, Inc.'s 2008 income statement.
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