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!
Question: Expected production (units) 13,000
Standard DML hours per unit 5Standard DML rate per hour $24Standard pounds of DM usage per unit 4Standard DM price per pound $12ActualUnits produced 12,000DML hours worked 62,000Total cost of DML $1,240,000Pounds of DM purchased 54,000Total cost of DM purchased $702,000Pounds of DM used 47,000a) Calculate the following variances:Direct manufacturing labor rate varianceDirect manufacturing labor usage varianceDirect materials price variance (how we did it in the chat session)Direct materials usage varianceb) Explain what each of the calculated variances imply about the firm’s operations. Be specific!Direct manufacturing labor rate varianceDirect manufacturing labor usage varianceDirect materials price varianceDirect materials usage variance
There is no provision for the renewal of the lease or purchase of the machine by the lessee at the expiration of the lease term. Hooke paid n$ 30000 of commissions associated with negotiating the lease in Feb 2011
Bruce debited cash and credited unearned rent revenue for $600,000. At December 31, 2009 (the end of the accounting period), give the adjusting entry Bruce should make in respect to the rent.
What amount of these expenses may Gabby deduct as business expenses? Gabby is on the cash method calendar year.
The Bryan company issued $500000 of 10% face value bond on January1,2010 for$486,000.The bond are due Dec 31,2012, and pay interest semiannually on june 30, and Dec 31.the company use the straight line amortization method.
Which notion recognizes that mere appreciation in value does not necessarily mean that the owner has the resources to pay the tax associated with the appreciation..
Presented here are selected transactions for Lulu Corporation for 2010. Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable. Sager Corporation uses straight-line depr..
Identify at least two different accounting careers that you would like to pursue. What excites you about these careers?
BunaBuna has been growing at a 15 percent annual rate and is expected to continue to do so for 3 more years. At that time, growth is expected to slow to a constant 4 percent rate.
The year and reported net income of $560,000. What is the balance in the Investment in Harrison account found in the financial records of Puckett as of December 31?
At December 31, balances in Overhead are as follows: Lott Company-debit $1,500, Perez Company-credit $900. Prepare the adjusting entry for each company at December 31, assuming the adjustment is made to cost of goods sold.
Captain Inc. purchases a depreciable asset for $100,000. The life of the asset is 10 years and it has an estimated salvage value of $10,000. Captain Inc. takes a full year of depreciation expense in the year the asset is acquired. Which of the fol..
To adequately plan an audit, the auditor should obtain sufficient knowledge of the client's business to understand events, transactions, and practices that may have a significant effect on the financial statements.
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