Cherokee manufacturing company established the following standard price and cost data: sales price $ 12.00 per unit variable manufacturing cost $ 7.20 per unit fixed manufacturing cost $ 3,600 total fixed selling and administrative cost $ 1,200 total cherokee planned to produce and sell 2,000 units. actual production and sales amounted to 2,200 units. assume that the actual sales price is $11.76 per unit and that the actual variable cost is $6.90 per unit. the actual fixed manufacturing cost is $3,000, and the actual selling and administrative costs are $1,230. required a.& b. determine the flexible budget variances and classify the effect of each variance by selecting favorable (f) or unfavorable (u). (select "none" if there is no effect (i. e., zero

Amathematical approximation called the rule of 70 tells us that the number of years that it will take something that is growing to double in size is approximately equal to the number 70 divided by its percentage rate of growth. thus, if mexico's real gdp per person is growing at 7 percent per year, it will take about 10 years(=70/7) to double. apply the rule of 70 to solve the following problem. real gdp per person in mexico in 2005 was about $11,000 per person, while it was about $44,000 per person in the u.s. if real gdp per person in mexico grows at the rate of 5 percent per year: how long will it take mexico's real gdp per person to reach the level that the united states was at in 2005? (hint: how many times would mexico's 2005 real gdp per person have to double to reach the u.s.'s 2005 real gdp per person?

In addition to having a bachelor's degree in accounting, a certification will increase a tax accountant's job opportunities and allow them to file reports with the

The following are the current month's balances for abc financial services, inc. before preparing the trial balance. accounts payable $ 10,000 revenue 6,000 cash 3,000 expenses 17,500 furniture 10,000 accounts receivable 14,000 common stock ? notes payable 6,500 what amount should be shown for common stock on the trial balance? a. $48.000b. $12.500c. $27.000d. $28.000