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Primm Company produces a product that requires four standard gallons per unit. The standard price is $24.50 per gallon. The 2,500 units required 10,600 gallons, which were purchased at $23.75 per gallon. , what is the direct materials a) price variance b) quanity variance c) cost variance
Find the present values of the following cash flow streams. The appropriate interest rate is 8%. (Hint: It is fairly easy to work this problem dealing with the individual cash flows.
Oxford company had sales of $3 000 000, variable expenses of $1 800 000, and fixed expenses of $800 000. what would be the amount of saleas dollar at the break even point.
Becky uses the 200% declining balance method for regular income tax purposes. What is the amount of Becky's AMT adjustment?
How does the United States tax Erica's activities? How would your answer change if Erica were a self-employed technician rather than an employee?
Fouch Company makes 30,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows.
thome company uses a flexible budget for manufacturing overhead based on direct labor hours. variable manufacturing
Compute the following using the FIFO, LIFO and weighted average method.
Marilyn's basis in the partnership interest was $80,000 before the distribution. What is Marilyn's basis in the inventory, land, and partnership interest following the distribution?
huffman company leases a machine from lincoln corp. under an agreement which meets the criteria to be a capital lease
Kaiser's Kraft Korner sells a single product. 7,000 units were sold resulting in £70,000 of sales revenue, £28,000 of variable costs, and £12,000 of fixed costs. The number of units that must be sold to achieve £60,000 of operating income is (Calcu..
Frank James, a highly competent employee of Brinkwater Sales Corporation, had been responsible for accounting-related matters for two decades. His devotion to the firm and his duties had always been exceptional, and over the years, he had been giv..
After he had paid for the computer, he discovered a rebate coupon inside the packaging. He filled out the required form and sent it to the manufacturer. The next week he received a $100 check from the manufacturer. How much should Ted include in g..
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