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Tercer reports the following on one of its products. Compute the direct materials price and quantity variances.
Direct materials standard (4 lbs. @ $ 2/ lb.) . . . . . . . . $ 8 per finished unit
Actual direct materials used . . . . . . . . . . . . . . . . . . . . 300,000 lbs.
Actual finished units produced . . . . . . . . . . . . . . . . . . 60,000 units
Actual cost of direct materials used . . . . . . . . . . . . . . $ 535,000
Wysocki Company pays its sales force a fixed salary plus a 5% commission on all sales. Explain why sales force costs would be considered a mixed cost.
What unit selling price should management select for each of the Clean & Bright compounds for the remaining six months of the year to maximise profit?
Describe how the Unitarist and Pluralist approaches to conflict would explain the positions of (a) management and (b) unions in the Schweppes dispute. Identify which one of the approaches provides the better explanation. Explain how you reached th..
Determine the number of whole units to be accounted for and to be assigned costs and the equivalent units of production for the Drawing Department.
choose an item that you would like to manufacture. you do not actually need to manufacture something but will proceed
What amount is in the scholarship account just after the 5000 deposit is made on January 1, 2010 - A scholarship fund is started on January 1, 2000 with an initial deposit of 100,000 in an account earning i(2)=.08, with interest credited every June..
Describe the current cost system including its strengths and weaknesses and calculate the unit cost and gross margin percentage for the regular briefcase and the executive briefcase.
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Feather Friends, Inc., distributes the high-quality wooden birdhouse which sells for $20 for each unit. Variable costs are $8 per unit, and fixed costs total $180,000 per year.
In detail, recognize the difference between managerial style and managerial function.
What is the growth rate in sales for the past three years and are revenues and expenses growing at the same rate? What was the experience in the past few years - what is the current growth rate in the economy?
Examine the following common-size income statements and indicate which firm is likely to be Apple Computer and which is likely to be Dell. Explain your reasoning.
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