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Denominator level of activity 1,600 machine-hours Budgeted fixed manufacturing overhead costs $42,400 Fixed portion of the predetermined overhead rate $26.50 per machine-hour Actual level of activity 1,700 machine-hours Standard machine-hours allowed for the actual output 2,000 machine- hours Actual fixed manufacturing overhead costs $41,740 Required: a. Compute the budget variance for September. Show your work! b. Compute the volume variance for September.
If Ginger's total assets doubled to $1,260,000 and its owners' equity remained the same during the year, what was the amount of its total liabilities at the end of the year?
cindy burnson the manager of fondlike company was agonizing over an offer for an order requesting 7000 boxes of
Which of the following accounting methods is the method used to compute amortization?
Assuming the computer has a ten-year life and will have no salvage value at the expiration of the lease, what was the original cost (present value) of the computer to Stark?
Manufacturing overhead for the period is budgeted at $135,000, of which 20 percent is fixed. The 17,200 hours worked during the period resulted in production of 8,500 units. Manufacturing overhead cost incurred was $136,500.Calculate the following..
The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% capacity of 30,000 direct labor hours.
A financial advisor tells you that you can make your child a millionaire if you just start saving early. You decide to put an equal amount each year into an investment account that earns 8% interest per year, starting on the day your child is born..
george dick an employee of plum corporation drove his car a total of 17.966 miles during 2008. of the total miles
london purchased a piece of real estate last year for 83800. the real estate is now worth 103200. if london needs to
What standards are used to conduct an attestation engagement? These standards differ conceptually from Generally Accepted Auditing Standards (GAAS). Identify the conceptual differences.
Determine the denominators to be used in the calculations of cost per equivalent unit for materials and conversion costs.
Journalize the write-offs and the year-end adjusting entry for 2010 under the allowance method, assuming that the allowance account had a beginning balance of $22,500 on January 1, 2010, and the company uses the analysis of receivables method.
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