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Standard manufacturing overhead based on normal monthly volume: Fixed ($302,300 ÷ 20,000 units) $ 15.12 Variable ($100,000 ÷ 20,000 units) 5.00 $ 20.12 Units actually produced in current month 18,000 units Actual overhead costs incurred (including $300,000 fixed) $ 383,800 Compute the overhead spending variance and the volume variance. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance). Negative amounts should be indicated by a minus sign. Omit the "$" sign in your response.) Overhead spending variance $ Overhead volume variance $
company reported the following financial numbers for one of its divisions for the year average total assets of 5800000
outdoor outfitters has created a flexible budget for the 70000-unit and the 80000-unit levels of activity as shown
sophisticates corner sells clothing shoes and accessories at a suburban location near boston. information for the just
the company recorded revenues of $250,000, expenses of $190,000, and paid dividends of $20,000. What was Henson's retained earnings at the end of the year?
which of the properly describes the impact on the financial statements when a company reports wage expense of 8700 of
Which of the following statements about overhead allocation based on volume alone is correct?
here are simplified financial statements of phone corporation from a recent year income statement figures in millions
gorham manufacturings sales slumped badly in 2012. for the first time in its history it operated at a loss. the
Explain the assignment of income doctrine (AID) and the fruit of the tree doctrine. What role does the AID play in our federal income tax system, and what could be done to avoid or reduce income taxes if the AID did not exist?
Scottsdale Fine Piano%u2019s purchases pianos from a well-known manufacturer and sells them through their retail store. The Baby Grand Pianos sell, on average, for $2,500 each.
1. your brother is short on cash and cannot pay his rent this month. you pay his rent for him. is this taxable income
if the margin of safety for lankau company was 25 fixed costs were 2325000 and variable costs were 60 of sales what was
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