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Budgeted variable overhead for the year is $120,000. Expected activity is 20,000 standard direct labor hours. The actual hours worked were 18,000 and the standard hours allowed for actual production were 19,500. The variable overhead efficiency variance?
At the time of the notification, the note had a balance due of $15,500. What is the amount of loss, with respect to the note, that Hank's Auto may claim on the current year tax return?
Brown Company's contribution margin ratio is 24%. Total fixed costs are $84,000. What is Brown's break-even point in sales dollars?
two banks in the area offer 30-year 250000 mortgages at 6.1 percent and charge a 4100 loan application fee. however the
Demarcus is a 50% partner in the DJ partner. DJ has taxable income for the year of $200,000. Demarcus received a $75,000 distribution from the partnership. What amount of income related to DJ must Demarcus recognize?
at jaymes company it costs 34 per unit 16 variable and 18 fixed to make a product at full capacity that normally sells
during 2011 taxpayers decided to sell their residence which had a basis of 350000. they had owned and occupied the
atlanta company is preparing its manufacturing overhead budget for 2014. relevant data consist of the following.units
design flooring carpet company manufactures carpets. fiber is placed in process in the spinning department where it is
the average net profits expected in the furute by abc firm are 36000per year. the average capital employed in the
at morris mart inc. all sales are on account. mary morris-manning is responsible for mailing invoices to customers
broucek inc. makes baby furniture from fine hardwoods. the company uses a job-order costing system and predetermined
Browne and Red, both C corporations, formed the BR partnership on january 1, 2009.neither Browne nor Red is a personal service corporation, and BR IS NOT A TAX SHELTER. BR'S GROSS RECEIPTS WERE $4.6 million, $5 million, $6 million, and $7 million ..
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