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Find labour variance from the following data: Standard: Members in the gang: 40 Men and 20 Women, Wage rate per hour: $0.90 for men and $0.80 for women, Output per gang hourly: 50 units, Gang - hours in a five day week: 40 Actual: Members in the gang: 32 Men and 28 Women, Wage rate per hour: $1.00 for man and $0.50 for women, Actual gang hours paid for: 40, Actual gang hours worked for: 39,Actual idle time: one gang hour, Actual output: 2400 units.
what are some examples of accelerated cost allocation methods? what is the rationale for using an accelerated
How much of the 0.40 excess unit cost and how much of the 0.40 excess unit cost is traceable to apprerent inefficient use of labor time
Provide an example of a transaction that affects (a) only one element of the accounting equation, (b) two elements of the accounting equation, (c) three elements of the accounting equation.
Kathy owns and operates a grocery store as a sole proprietor. She pays wages to her husband Joe and their 17-year-old daughter Marla, both of whom work at the store. Should Kathy withhold FICA taxes FICA taxes from the wages paid to Joe and Marla?
the greek company has two divisions beta and gamma. gamma division produces a product at a variable cost of 6 per unit
a. Calculate the issue price of the bonds. b. Without prejudice to your solution in part a, assume that the issue price was $884,000. Prepare the amortization table for 2008, assuming that amortization is recorded on interest payment dates.
persius corp is considering the purchase of a new piece of equipment. the cost savings from the equipment would result
A company issues $20,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2010. Interest is paid on June 30 and December 31. The proceeds from the bonds are $19,604,145. Using effective-interest amortization, what will the carrying value of the ..
How should this new partnership allocate its future net income among these partners?
in a survey of 50 corporations which of the following was rated as a benefit of strategic management? a. clearer sense
Using the appropriate interest table, compute the present values of the periodic amounts, due at the end of the designated periods.
Fund accounting is very different from commercial accounting, but has a lot of similarities as well. Discuss the similarities and differences between these two types of GAAP accounting methods.
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