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1-During March, Tile Company purchases and uses 6,600 pounds of materials costing $26,730 to make 3,000 tiles. Tile Company's standards material cost per tile is $8 (2 pounds of material X $4.00) .Instruction compute price, and quantity materials variances for the Tile Company for March. Indicate amount ($) and favorable (F) or unfavorable (U) effects.
2- During January, Ray Company incurs1,850 hours of direct labor at an hourly cost of $9.60 in producing 1,000 units of its finished products. Ray's standard labor cost per units of output is $18(2 hours X $9.00) Instructions compute the price, and quantity labor variances for Ray Company for January. Indicate amounts ($) and favorable(F) or unfavorable (U) effect.
The Assembly Division of the same company needs a part that is just like Product A. The Assembly Division can choose whether to buy Product A from an outside supplier for $14.15 or buy it internally from the Parts Division. and evaluate the most ..
What casualty loss deduction from this accident can Jim combine with his other casualty losses in computing his itemized deductions?
A neurologist serves on the board of trustees of the Neurological Disease Foundation, an organization that funds clinical research. He was asked to serve due to his expertise in neurological research, and he chairs the committee of the board that ..
Using the high low method, evaluate utility costs. In addition, evaluate the variable costs per unit and total fixed costs. and evaluate the breakeven point in number of oil changes and sales dollars.
How much of the materials in above consisted of indirect materials and how much of the factory labor cost for the year consisted of indirect labor?
What is the value of these bonds when the required interest rate is 5 percent, 10 percent, and 15 perrcent and why is the price of Bond L more sensitive to interest rate changes than the price of Bond S?
Prepare cash flows from operating and investing and financing and purpose the 20X8 statement of cash flows, formatting operating activities by the indirect method
What is the sub-game perfect outcome for a ship with 100 pirates aboard? Suppose instead that a strict majority were required to pass a split
Illustrate what would be the total production engineering cost per unit, both fixed and variable, at an activity level of 8700 machine hours in a month?
Understand the concepts of income, explain the conceptual guidelines for reporting income, and define the elements of an income statement.
Construct Brandywine 2007 income statement and what were brandywire net income, total profit margin,and cash flow?
The standard wage rate is $12 per hour. ABC manufactured 1,000 fuzzy bears in October. The company used 980 direct labor hours and paid $12.50 per hour. What is labor rate variance? Is the variance favorable or unfavorable?
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