Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Listor Company made 3,800 bookshelves using 23,320 board feet of wood costing $290,000. The company's direct materials standards for one bookshelf are 8 board feet of wood at $12 per board foot. Listor Company records standard costs in its accounts and its material variances in separate accounts when it assigns materials costs to the goods in process inventory account.
A) Show the journal entry that both charges the direct materials costs to the goods in process inventory account and records the materials variances in their proper accounts.
B)Assume that Listor's material variances are the only variaces accumulated in the accounting period and that they are immaterial. Prepare the adjusting journal entry to close the variance accounts at period end.
C)Identify the variance that should be investigated according to the management by exception concepts.
avocado company has an operating income of 108000 on revenues of 1002000. average invested assets are 507000 and
simpson co. produces three products earth wind and fire. earth requires 80 machine setups wind requires 60 setups and
Submit your budget to the store manager with no more than a 700-word write-up for the budget. The write-up must include risks associated with sales forecasts and an analysis of ethical considerations in the preparation and subsequent use of the bu..
paymore products places orders for goods equal to 75 of its sales forecast in the next quarter. the sales forecasts for
destin deals estimates its uncollectible accounts by aging its accounts receivable and applying percentages to various
remco gourmet water company produces and distributes bottled water in a variety of natural flavors. jan cancel a
the scattergraph method is an approach which can be used to determine both the total fixed cost component and the
prepare a memo explaining how net income could be positive and operating cash flows negative. include in the memo a
How will the development above affect the accounting for Commonwealth Edison's bond issue?
The bonds pay interest annually on December 31st and mature in 20 years. The applicable interest rate for bonds of this length and risk, is 12%. A. How much do the bonds sell for?
near the end of 2011 the management of simid sports co. a merchandising company prepared the following estimated
the albert co is expected to grow at 6 into the indefinite future. its latest annual dividend was 2.50. treasury bills
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd