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Wayland Corporation's static planning budget for April appears below. The company bases its budgets on machine-hours. Budgeted number of machine-hours 6,500 Supplies (@ $9.00 per machine-hour) $58,500 Power (@ $1.00 per machine-hour) 6,500 Salaries 85,800 Equipment depreciation 7,150 Total $157,950 In April, the actual number of machine-hours was 6,600, the actual supplies cost was $64,040, the actual power cost was $7,070, the actual salaries cost was $88,300, and the actual equipment depreciation was $7,430. The spending variance for power cost for the month should be?
In taking out a trial balance, a bookkeeper finds that he is out Rs 1600 excess debit. Being desirous of closing his books, heplaces the difference to a newly opened suspense account. In the next period he discovers the following discrepancies.
an investor purchased 500 shares of common stock 25 par for 21750. subsequently 100 shares were sold for 47.50 per
kip started a wholesale store this year selling bulk peanut butter. in january of this year kip purchased an initial
If you assume that these estimates are derived from best estimates of likely outcomes and the risk-free rate is 5%, the expected present value of the cleanup provision is what ??
michaels company segments its income statement into its east and west divisions. the companys overall sales
What amount can USA Corporation deduct for premiums attributable to Ursula and how much must Ursula include in income relative to the premiums paid?
acme in pruchased 50000 shares of takedown enterprises on january 12000. the total purchase price was 4300000.
Write a report on Internal Controls
The future value of a dollar ________ as the interest rate increases and ________ the farther in the future an initial deposit is to be received.
What is meant by variance power? Suppose that a charitable foundation receives a gift that the donor specifies must be used to support the college education of a particular individual. Of what relevance is variance power to how the foundation acco..
lasted co. is planning to sell 400 hair dryers and produce 320 hair dryers during march. each hair dryer requires 600
What is the reason for the apparent inconsistency between the fund types in which the revenues and expenses are reported?
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