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Assume Davis Consulting Inc has created a standard cost card for each job. Standard direct materials include 14 software packages at a cost of $900 per package.
Standard direct labor costs per job include 90 hours at $120 per hour. Davis plans on completing 12 jobs during March 2013.
Actual direct materials costs for March included 90 software packages at a total cost of $81,450. Actual direct labor costs included 100 hours per job at an average rate of $125 per hour. Davis completed all 12 jobs in March
1. Calculate direct materials cost and efficiency variances.
2. Calculate direct labor cost and efficiency variances.
3. Prepare journal entries to record the use of both materials and labor for March for the company.
statement of cash flows indirect method.the net changes in the balance sheet accounts of lenon inc. for the year 2008
below are ratios for two companies which operate in the same industry.nbspcompany acompany bpe27.863.0gross profit
How much advertising expense could be allocated to each department and Make the required journal entries to record the above transactions and events.
They spent $15,000 in connection with the adoption, all of which was paid by the employer in accordance with the adoption plan. How much of employer paid adoption costs must be included in their income?
Calculate the target cost required to continue current market share, while earning a profit of $4 per unit. Now, calculate the target cost required to expand sales by 50 percent. How much cost decrease would be obligatory to achieve each target
Create the entry in the Investment Trust Fund to record the distribution of the interest earned on pooled investments, assuming that the interest will be reinvested by the town and school district.
Winrow Company received proceeds of $565,500 on 10-year, 8% bonds issued on January 1, 2013. The bonds had a face value of $600,000, pay interest annually on December 31st, and have a call price of 101. Winrow uses the straight-line method of amortiz..
Informal approaches to pricing hospitality products and services fail to take into account:
The market price of Scornick's common stock subsequently declined by 40 percent.
How much did the business earn - how much in total assets did the business acquire as a result of the two transactions? Identify each asset and show its balance.
To expand operations, Aragon Consulting issued 1,000 shares of previously unissued common stock with a par value of $1. The price for the stock was $50 per share. 1-a. Complete the table below, indicating the account, amount, and direction of the eff..
the board of directors declared cash dividends totaling 242000 during the current year. the comparative
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