The materials price and efficiency variances could be an indication that the company purchased ▼
expensive ingredients of
▼
​quality, which resulted in
▼
fewer
more
than the standard number of rejected units. The labor price variance suggests that
▼
less
more
experienced workers may have worked​ more, resuting in a
▼
faster
slower
work pace and a
▼
higher
lower
than normal amount of rejects or waste.
The company should determine the cause of the rejects. The cause could be
▼
faulty materials.
faulty materials, underskilled workers, or a combination of both.
underskilled workers.
Perhaps
▼
additional training
increased wages
more relaxed time standards
regularly scheduled equiment maintenance
will help. If rejects are not the​ problem, employees may be
▼
needed to properly maintain the equipment.
needed to properly schedule the work more efficiently.
needed to renegotiate the terms for materials purchases.
wasting both time and materials.

En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?

The law firm of furlan and benson accumulates costs associated with individual cases, using a job order cost system. the following transactions occurred during july: jul. 3 charged 175 hours of professional (lawyer) time to the obsidian co. breech of contract suit to prepare for the trial, at a rate of $150 per hour. 10 reimbursed travel costs to employees for depositions related to the obsidian case, $12,500. 14 charged 260 hours of professional time for the obsidian trial at a rate of $185 per hour. 18 received invoice from consultants wadsley and harden for $30,000 for expert testimony related to the obsidian trial. 27 applied office overhead at a rate of $62 per professional hour charged to the obsidian case. 31 paid administrative and support salaries of $28,500 for the month. 31 used office supplies for the month, $4,000. 31 paid professional salaries of $74,350 for the month. 31 billed obsidian $172,500 for successful defense of the case. required: a. provide the journal entries for each of these transactions. refer to the chart of accounts for exact wording of account titles. b. how much office overhead is over- or underapplied? c. determine the gross profit on the obsidian case, assuming that over- or underapplied office overhead is closed monthly to cost of services.

Madeline quits her job, at which she was earning $20,000 per year. she then takes $50,000 out of savings, on which she was earning 10% interest, and uses it to buy supplies for her business. she also pays $10,000 in rent on the building and $15,000 in additional labor costs. in her first year of operations, madeline receives $150,000 in revenue from sales. instructions: round each answer to a whole number. madeline's accounting cost is