Business, 24.07.2019 18:10 ashlynhenderson0323
Trull company uses a standard cost system. variable overhead costs are allocated based on direct labor hours. in the first quarter, trull had a favorable cost variance for variable overhead costs. which of the following scenarios is a reasonable explanation for this variance?
a the actual number of direct labor hours was lower than the budgeted hours. b the actual variable overhead costs were higher than the budgeted costs. c the actual variable overhead costs were lower than the budgeted costs. d the actual number of direct labor hours was higher than the budgeted hours.
Answers: 1
Business, 22.06.2019 01:00
Cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely: cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely:
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Business, 22.06.2019 10:30
Perez, inc., applies the equity method for its 25 percent investment in senior, inc. during 2018, perez sold goods with a 40 percent gross profit to senior, which sold all of these goods in 2018. how should perez report the effect of the intra-entity sale on its 2018 income statement?
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Trull company uses a standard cost system. variable overhead costs are allocated based on direct lab...
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