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A company had a $56,000 unfavorable direct material quantity variance during a time period when the standard price per pound of direct material was $7 and the actual price per pound of direct material was $7.50. If the standard quantity of direct material allowed for production was 52,000 pounds, how many pounds of direct material were actually used during this period?
Prepare the entry to record the interest expense at April 1, 2011. Assume that interest payable was credited when the bonds were issued. (round to nearest $)
Actual performance under the reduced price structure
On February 28, 2009, Dow sold 60,000 common shares. In keeping with its long-term share repurchase plan, 2,000 shares were retired on July 1. Dow's net income for the year ended December 31,2009, was $2,100,000. The income tax rate is 40%.
Prepare a vertical analysis of the 2009 income statement data for Douglas Company and Maulder Company in columnar form. Comment on the relative profitability of the companies by computing the returnon assets and the return on common stockholders' eq..
which of the following is not one of the activities shown on the statement of cash flows? accounting
What are the standard hours allowed for the output? What was the variable overhead rate variance? What was the variable overhead efficiency variance? What was the fixed manufacturing overhead budget variance?
nuvox corporation manufactures car stereos. it is a division of lambda motors which manufactures vehicles. nuvox sells
The AICPA Code of Professional Conduct does not include enforceable Conduct Rules on Independence and integrity and objectivity. True/False? Why?
costello corporation manufactures a single product. the standard cost per unit of product is shown below. direct
extractor company leased a machine on july 1 2013 under a 10-year lease. the economic life of the machine is estimated
selzer equipment company sold 542 rollomatics during 2012 at 6950 each. during 2012 selzer spent 33400 servicing the
the schroumldinger science store operates a retail store in a local shopping mall.the results of operations for the
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