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1. The standard cost of Product B manufactured by Pharrell Company includes 2.6 units of direct materials at $5.5 per unit. During June, 27,200 units of direct materials are purchased at a cost of $5.45 per unit, and 27,200 units of direct materials are used to produce 10,400 units of Product B.
(a) Compute the total materials variance and the price and quantity variances.
(b) Compute the total materials variance and the price and quantity variances, assuming the purchase price is $5.55 and the quantity purchased and used is 26,900 units.
A machine which cost $300,000 is acquired on October 1, 2014. Its estimated salvage value is $30,000 and its expected life is 8 years. Calculate depreciation expense for 2014 and 2015 by the double-declining balance method. Show all figures used and ..
"Corporate Malfeasance" Please respond to the following: Evaluate the difficulties companies are faced in implementing a control framework against fraud under Sarbanes-Oxley (SOX). In your evaluation, discuss how the external financial audit can a..
Find out the current sustainability reporting practices of companies listed in the Brazil. It is expected that you will provide insights using relevant accounting theories and relevant examples to explain current sustainability practices.
Review the adjustment/correction process including sophisticated topics from accounting and prepare all of the financial statements in proper form - The lease payments are $10,000 each. Dillard guarantees a residual value of $10,000. An incremental ..
Friedman Company uses the aging of accounts receivable method. Its estimate of uncollectible receivables resulting from the aging analysis equals $26,000. The unadjusted credit balance in the Allowance for Doubtful Accounts account is $8,400 What is ..
The stockholders' equity section of Plaka Corporation's balance sheet follows. Assuming one year's dividend in arrears, determine the book value per share for both the preferred and the common stock.
Using the below information how do you create the Adjusted Journal Entries for December 31, 2000 and the Adjusted Journal Entries from December 31, 2001.Prepare the Required AJE for December 31, 2000.
Consider a Federal Government coupon bond with a $1,000 face value and a coupon rate of 1%. If the bond matures in 25 years, pays semi-annual coupons, and the yield to maturity is 5%, then what will the bond sell for?
question transfer pricing ethics goal congruence. jeremiah industries manufactures high-grade aluminum luggage made
free trade credit firm receive during the year.filbeck company buys on terms of 215 net 30 days. it does not take
The partners agree that the net realizable value of the receivables is $14,500 and that the fair value of the equipment is $11,000. Indicate how the accounts should appear in the opening balance sheet of the partnership.
Determine the gross profit from sales for the period and determine the ending inventory cost - Determine the total sales and the total cost of merchandise sold for the period.
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