Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
3. Diamond Company calculates predetermined rates based on 250,000 units of production. The standard cost system allows 4 direct labor hours per unit produced. Overhead is applied using direct labor hours. The total budgeted overhead is $3,000,000, of which $2,200,000 is fixed overhead. The actual results for the year are as follows: Units produced: 260,000 Direct labor: 1,020,000 hours @ $12 Variable overhead: $850,000 Fixed overhead: $2,190,000 Calculate the fixed overhead volume variance. a. $88,000 U (underapplied) b. $44,000 F (overapplied) c. $88,000 F (overapplied) d. $44,000 U (underapplied) e. none of these
Carlson Corp. reported the following pretax accounting income and taxable income for its first three years of operations:
James purchased a new business asset (three-year property) on July 23, 2009, at a cost of $50,000. He did not elect to expense any of the asset under § 179, nor did he elect straight-line cost recovery. Determine the cost recovery deduction for 20..
mozena corporation has collected the following information after its first year of sales. sales were 1600000 on 100000
explain how understanding of a clients business can provide value-added services that an auditor could use to assist a
Sam owes Bob $8,000. Bob cancels (forgives) the debt. The cancellation is not a gift, but Sam is insolvent. Which of the following statements is correct concerning the impact of this transaction?
Issue: What are the consequences of this transaction to Corporation Z and the XYZ Partnership? What are the Law implications in this analysis? Which conclusions did you arrive at?
What happens to the fundamental accounting equation when the sole proprietor of a business invests more cash in it
many organizations have been in the news over the past few years due to accounting ethical breaches that have affected
brooks corp. is a medium-sized corporation specializing in quarrying stone for building construction. the company has
The following data relate to direct materials costs for November: Actual costs 4,600 pounds at $5.50 Standard costs 4,500 pounds at $6.00 What is the direct materials quantity variance?
When the receivable was collected on February 15, 2009, the U.S. dollar equivalent was $144,000. In Mills' 2009 consolidated income statement, how much should have been reported as a foreign exchange gain?
Determine the dividends per share for preferred and common stock for each year. Round all answers to nearest whole cent. If an answer is zero, enter '0'
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd