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Question 1: The managerial accountant at Sailboat World compiles a monthly overhead variance report. The company produced 30,584 sailboats in the past month at 0.28 machine hours per unit. The budgeted fixed overhead cost was $95,000 whereas actual fixed overhead cost was $96,400. Calculate the standard fixed overhead cost allocated to production at $11 per machine-hour. Compute the fixed overhead volume variance and the fixed overhead budget variance.
Question 2: DOT Safety Systems manufactures motorcycle helmets. What is the standard quantity of material used to manufacture each helmet if the material required is 1.2 pounds, and DOT allows for .25 pounds of waste and .35 pounds of rejected material?
Question 3: Howard Industries' actual direct labor cost was $67,000 during the current period. Howard reported an unfavorable direct labor rate variance of $1,800 and a favorable direct labor efficiency variance of $2,900. What was the standard direct labor cost for actual output during the period?
Your final paper in this course will present your own customized theory of human learning and development. Everyone operates with a "theory" of what makes the best learning environment and how people grow and develop. The problem is that most educ..
Identify some additional control procedures that the company might implement to reduce the monthly loss from theft of office supplies by employees.
Armed robbery is considered to be a serious offense in the United States and I would imagine that being robbed at gunpoint or with a big sharp knife would be a terrible experience for anyone to have to endure.
berkley co.s sales are 10 for cash and 90 on credit. credit sales are collected as follows 30 in the month of sale 50
the following financial data of tim corporation is available for the year 2013. compute the sales revenue to be
matthew gabon the sales manager of office furniture solutions prepared the following budget for 2008sales
Jeffery and Cassie, who are married with modified AGI of $90,000, are sending their son to his first year of college. Their total tuition and related payments during 2013 amounted to $5,500.
on january 2 2007 yenn corporation wishes to issue 2000000 par value of its 8 10-year bonds. the bonds pay interest
assume that you initiated the short position in stock x selling when the market price was 75 per share. the stock price
read through this article and then lets take a poll of our own. do you feel the amount you pay in income taxes are
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?
Du Pont Identity Finley Fire Prevention Corp. has a profit margin of 7 percent, total asset turnover of 1.94, and ROE of 23.70 percent. What is this firm's debt-equity ratio?
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