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The following overhead data are for a department of a large company. Actual costs Static Incurred budget Activity level (in units) 800 750 Variable costs: Indirect materials $6,850 $6,600 Electricity $1,312 $1,275 Fixed costs: Administration $3,570 $3,700 Rent $3,320 $3,200 Required: Construct a flexible budget performance report that would be useful in assessing how well costs were controlled in this department.
What are the major risk factors that you see in this project? b. As the controller and a management accountant, what is your responsibility to this project? c. What do you recommend the CEO do?
2) Give all required consolidation adjustment entries needed to prepare the consolidated financial statements as at 30 June 2010. The balance sheets and income statement of ABC Ltd and XYZ Ltd can be found on the worksheet.
Purchase a new, more advanced machine for $250,000. This machine will require $15,000 per year in ongoing maintenance expenses and will lower bottling costs by $10,000 per year. Should Beryl's Iced Tea continue to rent, purchase its current machine..
Find the book value and market value of the firm and If there are 2 million shares of stock in the new corporation, what would be the price per share and the book value per share?
Which types of transactions, exchanges, or events would indicate that an investor has the ability to exercise significant influence over the operations of an investee?
A company's cash flow on total assets ratio equals 16%. If average total assets equal $2,937,500 and total cash flows equal $600,000, illustrate what is the amount of cash flows from operations?
At the time of delivery the index was 132.0. Compute the final contract price?
Installed an escalator at a cost of $ 17,500 in a three- story building that had been used for some years without elevators or escalators.
Assuming the Perpetual Inventory System is used, complete journal entries for the following transactions as directed - Prepare the entry for Janet's Spa, for this purchase
Discuss how this course has affected you in your professional development as a student, and as a person, as well as how it has encouraged you on your academic path.
A transfer price of $3.20 per unit is established, and 40,000 units of material are transferred, with no reduction in Division 6's current sales. How much would Division 6's income from operations increase?
In 1777, Jacob DeHaven loaned George Washington's Army $450,000 in gold and supplies. Due to a disagreement over the method of repayment 9gold vs. Continental money), DeHaven was never repaid, dying penniless.
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