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During June, Cisco Company produced 12,000 chainsaw blades. The standard quantity of material allowed per unit was 1.5 pounds of steel per blade at a standard cost of $8 per pound. The actual cost was $7 per pound. The actual pounds of steel that Cisco purchased were 19,500 pounds. All materials purchased were used. Calculate Cisco's materials usage variance.
Prepare the appropriate adjusting entry for vacations earned but not taken in 2009?
Which of the subsidiary's account balances must always be eliminated?
Prepare the income statement for that month and what is the Cost of Goods Available for Sale
the law firm of clark and lankau accumulates costs associated with individual cases using a job order cost system. the
Messier Inc. manufactures cycling equipment. Recently the vice president of operations of the company has requested construction of a new plant to meet the increasing demand for the company's bikes. Explain Computation of Bond Liability
the following data in thousands of dollars have been taken from the accounting records of larden corporation for the
what do fine and course grained versions of the same rock type such as basalt and gabbro tell you about their origins?
The machine will have a 12-year useful life and no salvage value. Instructions (a) Calculate the cash payback period. (b) Calculate the machine's internal rate of return. (c) Calculate the machine's net present value using a discount rate of 10%.
Visit the Institute of internal auditors website and focus on the frequently asked questions section. Explain How internal and external auditors differ and how they relate. In addition, what is Enterprise Risk management(ERM) and what role in it d..
On January 1, 2011, Franklin Industries leased equipment on an eight-year term at $15,000 annual rental payments, paid in advance. There is a bargain purchase option on December 31, 2018 (end of lease), of $24,000. The economic life of the equipme..
study appendix 13. consider the following data for the rivera companyfactory overhead fixed variable actual incurred
The equipment is estimated to have a $5,000 salvage value at the end of its 10-year useful service life.
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