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The following standards for variable manufacturing overhead have been established for a company that makes only one product:
Standard hours per unit of output ----------- 2.7 hours
Standard variable overhead rate ------------ $13.05
The following data pertain to operations for the last month:
Actual hours ------------------------------------------------ 2,400 hours
Actual total variable manufacturing overhead cost --- $30,360
Actual output ----------------------------------------------- 600 units
What is the variable overhead efficiency variance for the month?
a. $9,219 U
b. $10,179 U
c. $9,867 U
d. $648 U
Identify decisions that managers like Choi must make in applying depreciation methods.
Discuss the effect of the different traffic loading patterns on the queue length and the time it takes for the queue
Effective January 1, 2011, based on new events that have occurred, Janes estimates that the remaining life of the patent purchased from Lou is only five more years.
what additional intermediate components of income would be presented if the company uses a periodic inventory system?
Below is the Trial Balance for Clay Employment Services, year ending December 31, 2011. Previous period's information were as follows: net receivables, $290,000 and inventory, $82,000. Total revenues were $350,000 for 2010, 360,000 for 2009, ..
If the tax rate is 34 percent and the discount rate is 8 percent, what is the NPV of this project? (Do not include the dollar sign ($).Round your answer to 2 decimal places (e.g., 32.16).
four months prior to year-end, 6 percent special assessment bonds totaling $500,000 were issued to fund a streetlight improvement project in a local subdivision. the bonds are secondarily backed by the village. the first $25,000 installment will be..
Assume that liberty tax service uses a job order costing system. For the basic cost category of direct materials, elucidate how a job cost sheet for liberty tax service would differ from a job cost sheet for a manufacturing company.
Consider the following production function for combination of capital and labor, Q=f(L,K)=L^0.4*K^0.5. Is this function homogeneous in K and L? In the long-run, does it exhibit increasing, constant, or decreasing returns to scale?
Based on Crow Manufacturing's data in Exercise 24-20, assume that a transfer price of $110 has been established and that 40,000 units of materials are transferred, with no reduction in the Materials Division's current sales. How much would the Cr..
A project has the following estimated data: price = $54 per unit; variable costs = $29.16 per unit; fixed costs = $6,100; required return = 16 percent; initial investment = $13,000; life = three years. Ignoring the effect of taxes, the accounting bre..
More slowly in the Solow model but more quickly in the Romer model. More quickly in the Solow model but more slowly in the Romer model.
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