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Antuan Company set the following standard costs for one unit of its product.
The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume of 75% of the factory's capacity of 20,000 units per month. Following are the company's budgeted overhead costs per month at the 75% level.
Prepare flexible overhead budgets for October showing the amounts of each variable and fixed cost at the 65%, 75%, and 85% capacity levels and classify all items listed in the fixed budget as variable or fixed.
Compute the direct materials cost variance, including its price and quantity variances. (Round actual price to 2 decimal places.)
Compute the direct labor cost variance, including its rate and efficiency variances.(Round actual rate to 2 decimal places.)
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selected account balances for the year ended december 31 are provided below for superior companynbspnbspnbspnbspselling
Johntech accounted for the lease as a capital lease and recorded an asset and a liability in the financial records. The asset recorded under this lease should properly be amortized over:
the immanuel company has just obtained a request for a special order of 6000 jigs to be shipped at the end of the month
stonehenge inc. a manufacturer of landscaping blocks began operations on april 1 of the current year. during this time
a company has preferred stock that can be sold for 28 per share. the preferred stock pays an annual dividend of 5 based
Racer Industries has fixed costs of $900,000. Selling price per unit is $250 and variable cost per unit is $130.
Education Sciences Company, in its first year of operations, has the following differences between the book basis and tax basis of its assets and liabilities at the end of 2007.
bombay makes bicycle seats that they sell for 33 to retailers. annually they produce and sell 20000 units. their costs
use the following data to determine the total dollar amount of assets to be classified as current assets. koonce office
a utility bill was received on october 31 2011 for services received during october 2011. the bill was paid in november
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