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A Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $109,000 and 3,900 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $105,000 and the actual direct labor-hours were 3,600. Overhead for the year was overapplied (+) or underapplied (-) by how much?
What is the total revenue variance?
The difference in depreciation is the only temporary difference, and it will reverse equally over the next three years. Cohen's enacted income tax rates are 35% for 2010, 30% for 2011, and 25% for 2012 and 2013. What amount should be included in t..
Compare the advantages and disadvantages of absorption or traditional costing and activity based costing
Future,Inc. reported the following results for the year: Future's taxable income for the year was:
Silver Shades corporation disposes of a capital asset with an oringial cost of 115000 and accumulated depriciation of 62500 for a salvage price of 18000. Silver Shades tax rate is 30%. Calculate after tax cash inflow from the disposal of the capit..
on january 2 2006 speedway delivery service purchased a truck at a cost of 63000. before placing the truck in service
given the following information prepare the complete statement of cash flows. use the indirect method of preparing the
For Bobby Company, sales is $1,000,000 (5,000 units), fixed expenses are $300,000, and the contribution margin per unit is $80. What is the margin of safety in dollars?
How much amortization expense will be on the consolidated financial statements for the year ended on December 31, 2009 related to the acquisition of Green?
If 16,000 units of materials enter production during the first year of operations, 12,000 of the units are finished, and 4,000 are 75% completed, the number of equivalent units of production would be 15,000.
What is the budgeted change in inventory levels over the month of December?
1.identify and explain the primary differences between fixed and flexible budgets.2.describe at least five benefits of
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