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1. Check your worksheet by changing revenue in cell D4 to $16.00; the cost of ingredients in cell D5 to $6.50; and wages and salaries in cell B6 to $10,000. The activity variance for net operating income should now be $850 U and spending variance for total expenses should be $410 U. If you do not get these answers, Locate the errors in your worksheet and correct them.
a. Find the activity variance for revenue? Describe this variance. b. Find the spending variance for the cost of ingredients? Describe this variance. 2. Revise the data in your worksheet to reflect the results for the subsequent year: Using the flexible budget performance report, briefly estimate the company's performance for the year and show where attention should be focused.
Variable and absorption costing unit product costs and income statement; Explanation of Difference in Net Operating Income
Give the journal entry to record issuance of the bond and give the journal entry to record the conversion of the bonds assuming
Evaluate the company's predetermined overhead rate for the year. Logan's actual manufacturing overhead for the year was $749,346 and its real total direct labor was 28,500 hours.
Provide advise the company to accept first, those for A, for B, or for C? Which orders second? Third?
Evaluate the statement of cash flows for the Decker Uniform Co.
Determine the NPV for the purchase, lease without the service contract, and the lease with the service contract.
Computation of value of mortgage and Estimate the affordable mortgage and the affordable purchase price for the Bergholts.
Computation of retained earnings using given information and evaluate the retained earnings on December 31, 2005, and 2006.
Evaluate the interest rate on the company's note payable? The 2013 rent payment was made at the starting of which month? How much did Eldorado lend its customer on Oct 31?
Evaluate the price of the bonds at January 1, 2013. Organize the journal entry to record their issuance by The Bradford Company on 1 st January, 2013.
Prepare general journal entries to record the above transactions.
Calculation of product cost and breakeven point - Evaluate the product cost of training a student over the entire course (there are 75 students in this particular course)?
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