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1. Why do some firms choose to use a two-variance analysis instead of a three-variance or a four- variance analysis of the total overhead variance for the period?
2. What is the difference between the applied variable overhead and the total variable overhead in the flexible budget? What is the difference between the applied factory overhead and the total flexible budgeted fixed overhead?
3. Would the choice of denominator level affect the amount of the fixed factory overhead budget vari- ance? Production-volume variance? Explain.
xavier and yolonda have original investments of 50000 and 100000 respectively in a partnership. the articles of
an unfavorable materials quantity variance indicates that actual usage of material exceeds the standard material
3. comprehensive budgeting the balance sheet of watson company as of december 31 19x1 follows. watson company balance
jude has a nltcg of 25000 and a nstcl of 30000. what is judes 2011 capital loss deduction if judes adjusted gross
taos company purchased merchandise for resale from tuscon company with an invoice price of 22000 and credit terms of
eague plumbing has received a special one-time order for 1500 toilets units at 75 per unit. teague currently produces
if thomson company did not issue any bonds payable during the year and its bonds payable account decreased by 200000
crystal telecom has budgeted the sales of its innovative mobile phone over the next four months as followssales in
two years ago your corporate treasurer purchased for the firm a 20 year bond at its par value of 1000. the coupon rate
Determine the contribution margin in dollars, per unit and as a ratio and using the contribution margin technique, compute the break-even point in dollars and in units.
H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin.
altidore inc. operates a calendar-year-end business that suffers from dramatic seasonal variation in taxable income.
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