Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN: 9781305654174
Author: Gary A. Porter, Curtis L. Norton
Publisher: Cengage Learning
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Quartz Manufacturing completes job #715, which has a standard of 480 labor hours at a standard rate of $19.50 per hour. The job was completed in 510 hours and the actual average labor rate was $20.10 per hour. What is the labor rate variance? (A negative number indicates a favorable variance and a positive number indicates an unfavorable variance.)
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- what is the profit margin ? give me answer fast pleasearrow_forwardWhat is its accounts receivable turnover for the period?arrow_forward- Cowl, Inc. Year ended December 31, 2007 • Net Sales: $600,000 Net Income: $150,000 Total Assets (Jan 1): $2,000,000 Total Assets (Dec 31): $3,000,000 What is the Return on Assets (ROA)?arrow_forward
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