You have been given the following information about the production of Melissa Co., and are asked to provide the factory manager information for a meeting with the vice president of operations. Direct materials (9 pounds at $5 per pound) Direct labor (0.8 hours at $10) Variable overhead (0.8 hours at $4 per hour) Fixed overhead (0.8 hours at $7 per hour) Costs Direct materials Direct labor (a) The following is a variance report for the most recent period of operations. Standard Cost Card $45.00 Total Standard Cost $405,000 72,000 Number of units Price 3.20 5.60 $61.80 How many units were produced during the period? 8.00 $8,284 F Variances 5,135 U Quantity $9,200 U 7,000 U

What are the measure of outputs in accounting?

what the difference between accounting income and economic income?

Required information Skip to question [The following information applies to the questions displayed below.] The following is financial information describing the six operating segments that make up Chucktown Sauce Company (in thousands): Segments Red $ 1,817 22 Sales to outside parties Intersegment revenues Salary expense Rent expense Interest expense (92) Income tax expense (savings) 147 Consider the following questions independently. None of the six segments have a primarily financial nature. c. What volume of revenues must a single customer generate to necessitate disclosing the existence of a major customer? Note: Enter your answer in dollars but not in thousands. 620 145 Blue Green Pink Black White $ 818 $520 $315 $127 $ 105 97 115 0 308 71 385 408 318 172 87 65 93 88 67 22 55 323 98 48 37 68 20 11 (70) 0