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Talladega Industries, Inc., (TII) developed the following standard costs for direct material and direct labor for one of their major products, the 10-gallon plastic container. Standard quantity Standard price Direct materials 0.10 pounds $30 per pound Direct labor 0.05 hours $15 per hour During August, TII produced and sold 10,000 containers using 980 pounds of direct materials at an average cost per pound of $32 and 500 direct labor hours at an average wage of $15.25 per hour. August's direct material quantity variance was: Select one: a. $1,960 unfavorable. b. $600 favorable. c. $1,360 favorable. d. None of the above is correct.
Write about that particular issue symptom within the case, along with the possible and the best courses of action to those issues they have chosen.
Describe both the similarities and the differences in amortization, depletion, and depreciation.
Do you receive a form 1099? Why should you receive a higher hourly rate than if you were issued a W-2 Form (this relates to the self-employment tax of 14.3% based on 7.65% as the withholding from the employee and the match paid by the employer as p..
two products if and ri emerge from a joint process. product if has been allocated 24300 of the total joint costs of
nick dent an employee of spottswood company has gross earnings for the month of october of 4000. fica taxes are 8 of
Why was ARPANET designed with many different alternative routes for network traffic
the controller of steam straighteners has just finished a draft of the companys year-end financial statements. he is
the accountant at cedric company has determined that income before income taxes amounted to 7000 using the fifo costing
Determine the amount of manufacturing overhead that would have been applied to all jobs during the period.
pisa pizza parlor is investigating the purchase of a new 40000 delivery truck that would contain specially designed
Straight-line depreciation is used. Demers reported net income of $28,000 and $32,000 for 2006 and 2007, respectively. Compute the gain recognized by Demers Company relating to the equipment for 2006:
In what accounts should the following items be classified?
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