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Russo Corporation manufactured 16,000 air conditioners during November. The overhead cost-allocation base is $31.50 per machine-hour. The following variable overhead data pertain to November:
1.What is the variable overhead spending variance?
A) $4,500 unfavorableB) $3,937.50 unfavorable C) $4,500 favorableD) $3,937.50 favorable
Assume that we are manufacturing a product and assume that the sales price per unit is $60 and the variable cost is $20 per unit and the fixed cost is $80,000; a) How many units would we need to sell to break even? b) How many units would we need to ..
Explain the four-step process used to compute a predetermined overhead rate.
Needham Company uses normal costing in its job-costing system. Partially completed T-accounts and additional information for Needham for 2008 are as follows:
Find the Cost of goods sold for the year- accounting records of Karlana Corporation for the just-completed year.
Mateo Company's average cost per unit is $1.425 at the 16,000-unit level of activity and $1.38 at the 20,000-unit level of activity.Note: you need to calculate a total cost.
Prepare journal entries to record the issuance of materials during August.
read using shareholder value to evaluate strategic choices by nick fera management accounting november 1997. the
For the current period, Kayenta Company's manufacturing operations yield a $ 4,000 unfavorable price variance on its direct materials usage.
1.Refer to Arctic Cat's statement of cash flows in Appendix A. What are its cash flows from financing activities for the year ended March 31, 2011? List the items and amounts.
Use a process costing system. 2,000 units were in process at the beginning of the period, 60% complete. 20,000 units were started into production during the period; 1,000 were in process at the end of the period, 60% complete.
Payments to acquire stock in another company as a long-term investment
Explain the concept of sunk cost and opportunity cost with example and calculate the revenue needed to earn a target operating income of Rs 100,000
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