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The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5,000 units during May were as follows:
What is the amount of the factory overhead volume and factory overhead controllable variance?
brothers mike and tim hargen began operations of their tool and die shop on january 1 2011. the annual reporting period
The directors declare a 10% stock dividend when the market value is $15. The reduction of retained earnings as a result of the declaration will be:
algon company owns a machine that cost 560000 has a book value of 240000 and an estimated fair value of 480000. nogal
what is the purpose of a bank reconciliation? what are the reasons for differences between the cash reported in the
nolan mills uses a standard cost system. during may nolan manufactured 15000 pillowcases using 27600 yards of fabric
your boat inc. assembles custom sailboats from components supplied by various manufacturers. the company is very small
income statements are presented in the table below for the elf corporation for the years ending december 31 2010 2009
springfield express is a luxury passenger carrier in texas. all seats are first class and the following data are
the city of medina park operates a plumbing and electrical maintenance department responsible for maintaining all water
Compute the predetermined overhead rate for each department and dompute the total manufacturing costs assigned to jobs in January in each department.
On March 17, Grady Company agrees to accept a 60-day, 9%, $7,200 note from Alert Company to extend the due date on an overdue account. What is the journal entry needed to record the payment of the note by Alert Company on the maturity date?
aero inc. had the following balance sheet at december 31 2011.aero inc.balance sheetdecember 31 2011cash 23210
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