established the following standards for its variable overhead. The company uses direct labor-hours (DLHs) as its measure of activity. [pic] The following data pertain to operations for the last month: [pic] Brewer - Chapter 09 2. What is the variable overhead efficiency variance for the month? A. $504 U B. $1‚120 U C. $1‚120 F D. $1‚144 F SH = 2‚400 ( 0.7 = 1‚680 Variable overhead efficiency variance = SR (AH - SH) = $14.30 (1‚600 - 1‚680) = $1‚144 F AACSB:
Premium Net present value Cash flow Rate of return
CASE 5 – Evidence 1. For each of the following specific audit procedures‚ indicate the type of audit procedure it represents: (1) inspection of records or documents‚ (2) inspection of tangible assets‚ (3) observation‚ (4) inquiry‚ (5) confirmation‚ (6) recalculation‚ (7) reperformance‚ (8) analytical procedures‚ and (9) scanning. a. Sending a written request to the client’s customers requesting that they report the amount owed to the client. a. Confirmation i. Existence; trying
Premium Accounts receivable General ledger Generally Accepted Accounting Principles
Discussion questions: 1. What is the ethical issue in this situation? 2. What are the alternative decisions for Smith‚ Godfroy and Hannaford to consider? 3. Who are the stakeholders in this situation? what are the possible consequences to each stakeholder? Analyze from the following standpoints: (a) economic‚ (b) legal‚ and (c) ethical. 4. If you were the auditor‚ what would you do? How would you justify your decision? Case 2: St Genevieve Petroleum Company is an independent oil producer in Baton
Premium Social responsibility Corporate social responsibility Audit
This document of BUS 250 Week 2 Discussion Question 2 consists of: Globalization In one or two paragraphs‚ supported by evidence in your text and from the Globalization video‚ respond critically to the following: Globalization brings both benefits and costs. Research a business that is global and identify the benefits it derives as well as the costs it incurs. Be sure to specify the business identity and your sources. Respond to at least two of your classmates Business - General
Premium Time Periodization Paragraph
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 advance the design of a product to the manufacturing stage. – research and development 4. Lease prepayment (6 months’ rent paid in advance). – prepaid rent 5. Cost of equipment obtained
Premium Balance sheet Goodwill Tax
$1000‚ depending on the technical complexity of the item and the quantity purchased. Analyze the following sales data for the company in the following sections: 1. Perform calculations that are relevant to understanding company performance and product 2. What critical issue can you identify for the company by analyzing the financial data? Section 1—Sales Data for 5 years Year 1999 2000 2001 2002 2003 Section II—Sales Data for 2003 Product Line Televisions DVD Players MP3 Players Total Company Forecast
Premium Marketing Television Cost
The objectives of governments and not-for-profits cannot generally e expressed in dollars and cents and are often ambiguous. Government and not-for-profit have relationships (unlike with a business) with the parties providing their resources. 2. Why is the budget a far more important document in both governments and not-for-profits than it is in businesses? Revenues and expenditures are controlled or strongly influenced through the budgetary process. 3. What is meant by “interperiod
Premium Business Government Economics
Medina‚ Karen E. November 15‚ 2013 IS1133 Prof. Liggayu Homework 1. Definition of Foreign Policy. a. Foreign Policy is the use of political influence in order to induce other states to exercise their law-making power in a manner desired by the states concerned: it is an interaction between forces originating outside the country’s borders and those working within them 2. Patterns and Elements of Foreign Policy. a. In the search for identifiable patterns‚ the
Premium Policy Foreign policy Foreign policy analysis
This pack of HRM 300 Week 2 Discussion Question 2 comprises: Do you think an employer has the right to monitor an employee’s computer? Explain your answer. What principle should the HRM department have to ensure work efficiency while protecting employee privacy? General Questions - General General Questions HRM 300 Week 1 Individual Assignment Human Resource Management Overview HRM 300 Week 2 Learning Team Assignment Human Resource Management Department Brochure
Premium Employment Rights Recruitment
This document of HRM 558 Week 2 Discussion Question 2 comprises: Why is it important for HR professionals to demonstrate proficiency in criteria selection and the use of criteria selection? Provide an example to explain your answer. Business - Management Research in Human Resource Management Entire Course Phoenix University As soon after class as possible recopy your notes. Any review you do should be done very quickly after class and then again a few days later. Typing your
Premium Management Human resource management Human resources