Crystal charm company makes handcrafted silver charms that attach to jewelry such as a necklace or bracelet. each charm is adorned with two crystals of various colors. standard costs follow: standard quantity standard price (rate) standard unit cost silver 0.30 oz. $ 27.00 per oz. $ 8.10 crystals 7.00 $ 0.30 crystal 2.10 direct labor 2.00 hrs. $ 17.00 per hr. 34.00 during the month of january, crystal charm made 1,610 charms. the company used 458 ounces of silver (total cost of $12,824) and 11,320 crystals (total cost of $3,169.60), and paid for 3,370 actual direct labor hours (cost of $55,605.00). required: 1. calculate crystal charm’s direct materials variances for silver and crystals for the month of january. 2. calculate crystal charm’s direct labor variances for the month of january.

What does the phrase limited liability mean in a corporate context?

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?