Business, 18.11.2019 22:31 emilystartk
Lloyd publications established the following standard price and costs for a hardcover picture book that the company produces. standard price and variable costssales price $36.00materials cost 8.30labor cost 3.50overhead cost 6.10selling, general, and administrative costs 6.40planned fixed costs manufacturing overhead $131,000selling, general, and administrative 51,000
assume that lloyd actually produced and sold 38,000 books. the actual sales price and costs incurred follow. actual price and variable costssales price $35.00materials cost 8.50labor cost 3.40overhead cost 6.15selling, general, and administrative costs 6.20planned fixed costs manufacturing overhead $116,000selling, general, and administrative 57,000
required: determine the flexible budget variances and also indicate the effect of each variance as favorable (f) or unfavorable (u).flexible budget variancessales revenue variable manufacturing costs materials labor overhead variable selling, general, and administrative costs contribution margin fixed costs manufacturing overhead selling, general, and administrative net income
Answers: 2
Business, 22.06.2019 03:30, Emptypockets451
Joe said “your speech was really great, i loved it.” his criticism lacks which component of effective feedback? a) he did not recognize his ethical obligations b) he did not focus on behavior c) he did not stress the positive d) he did not offer any specifics
Answers: 2
Business, 22.06.2019 12:10, montgomerykarloxc24x
The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:
Answers: 3
Business, 22.06.2019 19:30, kylierice1
Exercise 4-9presented below is information related to martinez corp. for the year 2017.net sales $1,399,500 write-off of inventory due to obsolescence $80,440cost of goods sold 788,200 depreciation expense omitted by accident in 2016 43,600selling expenses 65,800 casualty loss 53,900administrative expenses 53,500 cash dividends declared 43,300dividend revenue 22,100 retained earnings at december 31, 2016 1,042,400interest revenue 7,420 effective tax rate of 34% on all items exercise 4-9 presented below is information relateexercise 4-9 presented below is information relate prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e. g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)
Answers: 2
Lloyd publications established the following standard price and costs for a hardcover picture book t...
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