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The XTRA Appliance Manufacturing Corporation manufactures 2 vacuum cleaners, the Standard and the Super. The subsequent information was gathered about the two products: Standard Super Budgeted sales in units 3,200 800 Budgeted contribution margin per unit $420 $1,100 Budgeted selling price $600 $1,700 Actual sales in units 3,500 1,500 Actual selling price $650 $1,680 Find the total sales-quantity variance in terms of budgeted contribution margin? A) $220,000 favorable B) $340,000 favorable C) $556,000 favorable D) $896,000 favorable
Questions on accounts receivables and capital expenditure and When the effective interest method is used to amortize bond premium or discount and question related to trading securities
In addition, the company also paid $2,800 to clear the land and another $5,000 to tear down the old building. Some of the contents of the old building were sold from $1,400.
There were 14,000 units in the ending work in process inventory of the Assembly Department. How many units were transferred to the next processing department during the month?
This is the remaining balance of a twelve-month advertising campaign purchased on August 31 in the current year. Assuming the cost is spread equally over each month how much did this advertising campaign cost in total?
Jim received an insurance recovery of 80% of the value of the car at the time of the accident. If Jim’s AGI for the year is $50,000, determine his deductible loss on car.
What was the nature of the controversy regarding this company’s practices? How were accounting practices involved?
An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
identify which recognition criteria (separability and legal/contractual) may or may not apply in recognizing the intangible on the acquiring firm's financial statements.
qneed help with analysis of coca-cola company as of year-end 2012comparative financial statement analysis and ratio
Do you think that the consumer organisation should accuse the manufacturer of producing fridges that do not meet the advertised energy consumption? Explain.
The cost of laptop computers is decreasing at a rate of 12% per year. You can earn 7.4% annual interest from a "junk Bond" fund. If the laptop you want currently costs $1500 and you have $800 to invest, when will your money equal the cost of the ..
catter company purchased equipment on november 15 2008. the company paid 10000 cash and borrowed the remaining balance
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