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!
Emerald Marine Stores Company manufactures decorative fittings for luxury yachts that require highly skilled labor, and special metallic materials. Emerald uses standard costs to prepare its flexible budget. For the first quarter of 2015, direct material and direct labor standards for one of their popular products were as follows.
Direct materials: 3 pounds per unit; $4 per pound
Direct labor: 4 hours per unit; $15 per hour
During the first quarter, Emerald produced 5,000 units of this product. Actual direct materials and direct labor costs were $65,000 and $325,000, respectively.
For the purposes of preparing the flexible budget, what is the total standard direct labor cost at a production volume of 5,000 units?
Prepare journal entries for each of these transactions assuming Fuente records sales using the gross method.
e5-12 preparation of a balance sheet presented below is the trial balance of vivaldi corporation at december 31 2012
What is the present value of the following annuities? a. $2,500 a year for 10 years discounted back to the presentat 7 percent b. $70 a year for 3 years discounted back to the present at3 percent
Discuss the ethical dilemma or explain why you do not perceive an ethical dilemma.
Define debt financing. What does the presence of debtfinancing in a firm's capital structure usually suggest? Whatis its purpose?
Stone Co. began operations in Year 1 and reported $225,000 in income before income taxes for the year. Stone's Year 1 tax depreciation exceeded its book depreciation by $25,000.
Porthos, with permission of the other partners, decides to sell half of his partnership interestto D'Artagnan for $50,000 in cash. No asset revaluation or goodwill is to be recordedby the partnership.
The following information pertains to Family Video Company. Prepare a bank reconciliation at July 31. (Round answers to 2 decimal places, e.g. 10.50.)
on july 1 year 1 cody co. paid 1198000 for 10 20-year bonds with a face amount of 1 million. interest is paid on
stackhouse international inc. completed its first year of operations on june 30 2010. the firms income statement for
FX Corporation leases new equipment on December 31, 2012. The lease transfers ownership to FX at the end of the lease. The present value of the lease payments is $240,000.
Calculate the cost of the 35,000 units completed and transferred out and the 30,000 units, 40% complete, in the ending Work in process
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