period 12‚250 units were made and there was a favorable labor efficiency variance of $22‚500. If 41‚000 labor-hours were worked and the standard wage rate was $12 per labor-hour‚ the standard hours allowed per unit of output is closest to: A. 3.19 B. 3.35 C. 3.50 D. 6.00 [pic] AACSB: Analytic AICPA BB: Critical Thinking AICPA FN: Measurement Bloom ’s: Analysis Brewer - Chapter 09 #40 Learning Objective: 3 Level: Hard Source: CIMA‚ adapted A manufacturing company that
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supports the view that the main effect of increasing media coverage of the royal family from the 1970s onwards was to damage the image of the monarchy when it says the slapstick gameshow ’It’s a Royal Knockout’‚ which many members of the royal family took part in ’seriously dented their dignity: the nation was not amused’‚ which suggests the people of Britain lost respect for the royal family as a result of media coverage. This is supported in source 16 when it says ’We hope the Windsors and their advisors
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decide to invest their savings in its purchase. Kayla and Zhejia believe they can earn 12 by investing in the stock market so their cost of capital is equal to their opportunity cost of 12. Kayla and Zhejia believe a Simple Rate of Return on a project like this should be at least 30 because of the risk. They have made the following estimates Average consulting hours per week 30 per owner Average charge to customer 160.00 Average variable cost per hour 112.00 Annual property tax
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development process of product “X”‚ they will continue to receive financing from PEI‚ without having the obligation to complete the product. Moreover‚ this proves that Pharmagen is not fulfilling a contract to perform services to PEI‚ but is working on a project‚ which can bring future economic benefits to its company (ASC 730-20-05-4). Ques 2: ASC
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CHAPTER 9 INVENTORIES: ADDITIONAL VALUATION ISSUES MULTIPLE CHOICE—Conceptual Answer d d c b a c d b d a d a a d b d c a d b a b c c No. Description 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. *22. 23. *24. Knowledge of lower of cost or market valuations. Appropriate use of LCM valuation. Definition of "market" under LCM. Definition of "ceiling." Definition of "designated market value." Application
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AJ Davis Department Store Part B AJ Davis Department Store Introduction The following information will show whether or not the manager’s speculations are correct. He wants to know the following information: Is the average mean greater than $45‚000? Does the true population proportion of customers who live in an urban area exceed 45%? Is the average number of years lived in the current home less than 8 years? Is the credit balance for suburban customers more than $3200? Hypothesis testing and confidence
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------------------------------------------------- ACCT 201 ------------------------------------------------- ------------------------------------------------- Chapter 1 Solutions The Financial Statements ------------------------------------------------- Short Exercises (5 min.) S 1-1 Computed amounts in boxes | | | | | | | | Total Assets | = | Total Liabilities | + | Stockholders’ Equity | | | | | | | a. | $340‚000 | = | $130‚000 |
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patent from an inventor 16. Legal costs incurred in securing a patent. 17. Unrecovered costs of a successful legal suit to protect the patent. 23. Cost of purchasing a trademark 19. Cost of purchasing a copyright. 10. Purchase cost of a franchise. (b) Indicate how‚ if at all‚ the items not reportable as intangible assets would be reported in the financial statements. 1. Investment in a subsidiary company. – long term investments 2. Timberland. - PPE 3. Cost of engineering activity required to
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Proportions Use the accounting equation to compute the missing financial amounts (a)‚ (b)‚ (c). Which of these companies is more owner financed? Which of these companies is more non-owner financed? Discuss why the proportion of the owner financing might differ across these three businesses. ($ millions) Assets = Liabilities + Equity Hewlett Packard….$74‚708 = $36‚962 + (a) General Mills ……$18‚227 = $ (b) + $4‚175 General Motors…..$ (c) = $365‚057 + $6‚814 M1-21 Team Answer:
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BSBMGT515A – MANAGE OPERATIONAL PLAN Project Assessment Part 1 Identify a resource currently used in your organisation that is not operating at peak performance. Describe how you can help your organisation implement alternative approaches to improving this resource usage and eliminate some of the inefficiencies and waste that currently exist. Recent review of the sales team‚ has identified inefficiencies that require attention to ensure this skilled resource is operating at peak performance
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