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Will Norton, the general manager of Cummings Manufactured Siding, is reviewing a monthly variance summary. The summary reveals a large favorable material price variance and large unfavorable material quantity and labor efficiency variances. All other variances are small. Will's initial instinct is to reward the purchasing manager with a substantial bonus and withhold the plant manager's monthly bonus until material quantity and labor efficiency variances improve.
Required:
a. Should will act according to his initial instinct?
b. What scenario(s) other than good performance in purchasing and poor performance in manufacturing could lead to the same variances as those noted?
c. What should will do to determine whether the purchasing manager's performance is especially good and the plant manager's performance is poor?
Prepare the cost of goods manufactured schedule for the month of April.
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please see attached project
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The fair rate of return on similar debentures is 14% before tax. Calculate the present value of the capital portion of the debenture.
Hamilton Corp. manufactures a component used in a popular gaming console.
Prepare a report that shows the effect on the company's total net operating income of buying part A55 from the supplier rather than continuing to make it inside the company.
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