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Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:
The company also established the following cost formulas for its selling expenses:
The planning budget for March was based on producing and selling 25,000 units. However, during March the company actually produced and sold 30,000 units and incurred the following costs:
1. What variable manufacturing overhead cost would be included in the company's flexible budget for March?
2. What is the variable overhead efficiency variance for March?
3. What is the overhead rate variance for March?
5. What amounts of advertising, sales salaries and commissions, and shipping expenses wpould be included in the company's flexible budget for March?
5. What is the spending variance related to advertising?
6, What is the spending variance related to sales salaries and commissions?
7. What is the spending variance related to shipping expenses?
bond corporation issues 5000 10-year 8 1000 bonds dated january 1 2014 at 103. the journal entry to record the issuance
powell co. produces a flashlight that goes through four processes before being transferred to finished goods. in the
You will be asked to address a accounting failure from AMERICAN INSURANCE GROUP. Overview of the situation/accounting issue
My scenario
mcmillian tire company produces tires used on small trailers. the month of june ended with 700 tires in process 90
Determine the amount of cost recovery that can be taken in 2013
How much cash flow did the company have from Operating, Investing and Financing actvities.
The Village Laundry Company purchased $6,500 worth of laundry supplies on June 2 and recorded the purchase as an asset. On June 30, an inventory of the laundry supplies indicated only $3,000 on hand. The adjusting entry that should be made by the ..
The effect of a change in accounting principle that is inseparable from the effect of a change in accounting estimate should be reported:
The market price of the common stock was $31 per share at the date of the grant. G Corp. used the Binomial pricing model and estimated the fair value of each of the options at $10. What amount should G charge to compensation expense for the year e..
Using the account classification, estimate the increase in the following costs because of the decision to increase enrollment:
apollo company manufactures a single product that sells for 168 per unit and whose total variable costs are 126 per
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