In october, pine company reports 22,000 actual direct labor hours, and it incurs $114,900 of manufacturing overhead costs. standard hours allowed for the work done is 21,500 hours. the predetermined overhead rate is $5.39 per direct labor hour.
compute the total overhead variance. (round answer to 0 decimal places, e. g. 125.)
total overhead variance $ favorableneither favorable nor unfavorableunfavorable

He taylor company sells music systems. each music system costs the company $100 and will be sold to the public for $250. in year one, the company sells 100 gift cards to customers for $250 each ($25,000 in total). these cards are valid for just one year, and company officials expect them to all be redeemed. in year two, only 96 of the cards are returned. what amount of net income does the company report for year two in connection with these cards? a. $15,000b. $15,400c. $15,500d. $15,800

Which alternative accounting method allows farmers to record expenses and incomes in the year in which they sell their yield? gaap allows for the method, which permits farmers to subtract the expenses of producing the crop in the year in which they sell the yield and earn the revenue.

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