Chapter 18, Problem 4UJ

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Dij, Inc., has current assets of $8,400, net fixed assets of $31,500, current liabilities of $5,900, and long-term debt of $17,200. a. What is the value of the shareholders' equity account for this firm? b. How much is net working capital? HELP

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The standard cost of Vibrant Sneakers includes 2.5 units of direct materials at $11.50 per unit. During September, the company buys 35,000 units of direct materials at $10.80 and uses those materials to produce 12,800 units. Compute the total, price, and quantity variances for materials.

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