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Wally Warble makes wall units. For the year, the details have been budgeted: output is 10,000 units and factory overhead is $1,250,000, of which 60% is variable. Each wall unit should take 2.5 hours of direct labor to produce. WW produced 9,500 wall units with 24,000 DLH used and $1,175,000 was spent.Which of the statements is TRUE of Wally Warble's overhead variances?
How do you find the 'less withdrawals' for the statement of owners equity?
The average daily demand is 150 customers. The convenience store currently operates 6 hours a day. Each order takes approximately 2 minutes. a. What is the average customer waiting time, in minutes?
what were the total cost and book value of property plant and equipment at december 312011?depreciation is computed for
schefter mining operates a copper mine in wyoming. acquisition exploration and development costs totaled 8.2 million.
Ponderosa acquired 100% control of Sumac on January 1, 2009. The purchase differential included $30,000 attributable to undervaluation of Sumac's inventory. Both Ponderosa and Sumac account for inventory using LIFO. Sumac's December 31, 2009 inven..
koonce company manufactures private-label small electronic products such as alarm clocks calculators kitchen timers
1. discuss the difference between accounting and finance?2. how does financial accounting and financial management
nick and jolene are married. nick is 61 and retired in 2011 from his job with amalgamated company. jolene is 56 and
Prepare journal entries to record the following transactions related to long-term bonds of Quirk Co. On July 1, 2011 Quirk retired $150,000 of the bonds at 102 plus accrued interest. Quirk uses straight-line amortization.
problem 2-5a recording transactions posting to ledger preparing a trial balance l.o. c3 a1 p1 p2 business transactions
land costing 76614 was sold for 97702 cash. the loss on the sale was reported on the income statement as other expense.
"Cost allocation is arbitrary, so there is nothing gained by it. We should report only the costs we know are direct." Do you agree? Why?
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