Compute the amount of the favorable price variance
Using the information in the table below, calculate the amount of the favorable price variance.
Budgeted Actual Volume Cost per unit Cost
200,000 $40 $8,000,000
190,000 $37 $7,030,000
Now Priced at $5 (50% Discount)
Recommended (90%)
Rated (4.3/5)
Kelin bought a trademark from Royce for $300,000. An independent research company estimated that the remaining useful life of the trademark was ten years. The carrying value on Royce's books was $240,000.
I have an article which is described below. I need to have a Literacy Analysis written on it. About 2 pages. Double space.
The Geurtz Company uses standard costing. The company makes and sells a single product called a Roff. The following data are for the month of August.
Fabiano Corporation makes a product whose direct labor standards are 0.5 hours per unit and $23.00 per hour. In February the company produced 3,300 units using 1,640 direct labor-hours. The actual direct labor cost was $38,540.
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January 1, 2010: Purchased patent for $2,000,000. The patent had fifteen years remainnig although Banana expected to use it for only ten.
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