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Design Architects, LLP, billed clients for 6,000 hours of design work for the month. Actual variable overhead costsfor the month were Rs. 315,000, and 6,250 hours were worked. At the beginning of the year, a variable overhead standard of Rs. 50 per design hour had been developed based on a budget of 5,000 design hours each month. Calculate Design Architects' variable overhead spending and efficiency variances for the month.
theory of interest- non-annual interest rates and annuitiesfind the annual effective rate of interest equivalent to a
Carson, Inc., uses a learning curve of 80 percent for all new products it develops. A trial run of 500 units of a new product shows total labor-related costs (direct, indirect labor, and fringe benefits) of $120,000.
Would you recommend Ahi complete this transaction and what potential ethics issues do you see in this situation and which AICPA Code(s) of Professional Conduct rules apply in this situation (explain how and why they apply)?
Tax Law complexity - Tax law is determined by Congress (Not the IRS). The IRS only enforces the law Congress makes. However, it's widely known that many Congressman find the tax law to complex and have a CPA prepare their taxes.
you are an accountant for the flower shoppe. your supervisor has asked you to help her prepare the year-end financial
Prepare an income statement and a retained earnings statement for the month of May and a balance sheet at May 31 and Prepare an income statement and a retained earnings statement
Calculate the percentage of Soho acquired by Perry Company. Prepare a schedule to compute the difference between book value of equity and the value implied by the purchase price.
the subsequent are the consolidated statement of earnings and the balance sheet of home depot inc and subsidiaries.the
The shuttle division of the Tandem Corporation produces circuit boards which are sold to the transistor radio division of the company, as well as to outside buyers. The income statement (in contribution format) for the past year for the division i..
Kerry is an employee of the university. She is provided with 10 giftvouchers worth $50 each for use at the local supermarket as a Christmasgift. Advise Kerry and the University of the Tax Consequences of thistransaction.
Johnstone Manufacturing Company has used the double-declining balance method to depreciate its machinery. During the present year, management switched to the straight-line method because they felt that it better shown the utilization of the assets..
questionyou are a professional accountant who has been employed to provide advice to a small start up biotech company
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