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The predetermined overhead rate for Zane Company is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. The amount of budgeted overhead costs at normal capacity of $150,000 was divided by normal capacity of 30,000 direct labor hours, to arrive at the predetermined overhead rate of $5. Actual overhead for June was $9,500 variable and $6,050 fixed, and standard hours allowed for the product produced in June was 3,000 hours. The total overhead variance is?
Identify three analytical procedures that an auditor might perform with respect to plant assets and explain how they might assist in identifying potential misstatements.
a bond that has 1000 par value face value0 and a contract or coupon interest rate of 10.2 percent. the bonds have a
write company has a maximum capacity of 200000 units per year. variable manufacturing costs are 12 per unit. fixed
which method of depreciation is used by most u. s. companies for financial reporting purposes?straight lineunits of
on march 1 fixtures and equipment were purchased for 5500 with a downpayment of 1000 plus a 4500 note payable in one
cleveland metals uses a job cost system and applies factory overhead to production at a predetermined rate of 180 of
Using the U.S. tax rate schedule, how much federal tax will he owe? What is his average tax rate? What is his effective tax rate? What is his current marginal tax rate?
starling chemical uses a weighted average process-costing system. the following data relate to maywork in process may
Martin, Inc., has two products: a pocket metronome (unit sales price, $25; unit variable cost, $15) and a pocket tuner (unit sales price, $14; unit variable cost,$9). the company's sales mix of the pocket metronome to the pocket tuner is 4:1 and fixe..
What effect does an employee's access to salaries have on the morale and effectiveness of an organization?
jones company has the following employees on payroll semimonthly payroll withholding allowances marital status heather
During 2009, pension benefits paid were $40,000. The discount rate for the plan for this year was 10%. Service cost for 2009 was $80,000. Plan assets (fair value) increased during the year by $45,000. Required: Determine the amount of the PBO at D..
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