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If the Production of 2000 units, which were selling at $ 40 possessing the variable cost $ 24 and fixed cost $ 20000. Depreciation expenses is $ 8000 out of which $ 4000 included in fixed cost and the balance of 50 % amount of total depreciation is included in variable cost ( at $ 4 per unit) . Compute Cash Break Even Point.
Compute the labor rate variance, the labor efficiency variance, and the total direct labor cost variance for October and for November.
In auditing a privately held entity, an auditor must follow the professional standards established by all of the following except:
What are the chances that a company will have 20 years of losses to actually use a loss carryforward (and still be in business)? How do accounting principles support holding an asset on the balance for this long?
assume that on september 1 office depot had an inventory that included a variety of calculators. the company uses a
the diversified portfolio corporation provides investment advice to customers. a condensed income statement for the
based on the following income statement and balance sheet for botanical genetics corporation determine the cash flows
If annual overhead costs are expected to be $750,000 and direct labor costs are expected to be $1,000,000, then:
apple corp sold 80000 units providing a profit of 60000. the unit margin of safety for the period was 40000 units. if
When should variances be investigated? Who should be responsible for correcting a negative variance? Why? What are some factors that can lead to variances? How can variances be corrected?
1.regulations are a. equal in authority to legislation if statutory b. equal in authority to legislation c. presumed
Bailey,Inc.,buys 60 percent of the outstanding stock of Luebs,Inc.,in an acquisition that resulted in the recognition of goodwill. Luebs owns a piece of land that cost $200,000 but was worth $500,00 at the acquisition date. What value should be at..
When should revenues and expenses be recorded under GAAP? Are there other limitations tot he Traditional Income Statement format besides timing?
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