Chapter 2, Problem 8C

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What is the amount of shareholders equity on these financial accounting question?

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Budgeted overhead for Galaxy Manufacturing at the normal capacity of 40,000 direct labor hours is $7 per hour variable and $5 per hour fixed. In April, $460,000 of overhead was incurred while working 41,500 actual hours, when 42,000 standard hours were allowed. What is the overhead controllable variance?

Desert Rose Electronics implemented a new returns authorization process. Returns require: inspection code (45% weighting), testing report (35% weighting), customer details (20% weighting). If a return scored 38 on inspection, 42 on testing, and 85 on customer details, your task is to identify the weighted acceptance score. Need answer

What is its profit margin

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how much interest will horizon pay?

What is the contribution margin ratio of this accounting question?