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VARIANCE ANALYSIS Four Flags is a retail department store. On January 1, 2012, Four Flags’ accountants used the following data to develop the master budget for Four Flags for 2012: Cost Fixed Variable (per unit sold) Cost of Goods Sold $0 $5.60 Selling and Promotion Expense $210,000 $0.80 Building Occupancy Expense $190,000 $0.10 Buying Expense […]

An independent-measures research study compares three treatment conditions using a sample of n = 5 An independent-measures research study compares three treatment conditions using a sample of n = 5 in each treatment. For this study, the three samples totals are, T1 = 5, T2 = 10, T3 = 15. What value would be obtained […]

Cash flows from operating activites – indirect method Indicate whether each of the following would be added to ordeducted from net income in determining net cash flow fromoperating activities by the indirect method:a. Loss on disposal of fixed assetsb. Decreases in accounts payablec. Decreases in salaries payabled. Depreciation … Is this the question you were […]

Peter, Paul, Mary, John and Martha are members of the pastoral council at a local church. Peter, Paul, Mary, John and Martha are members of the pastoral council at a local church. They are to be seated at one side of a long conference table in a pastoral council meeting. a)How many possible ways can […]

An experiment compares three treatment conditions with a separate sample of n = 10 1. An experiment compares three treatment conditions with a separate sample of n = 10 in each treatment. If the data are analyzed with ANOVA, the analysis would have dftotal = _____. 2.Estimation with the independent-measures t statistic is used to […]

Emerson Inc.’s would like to undertake a policy of paying out 45% of its income. Emerson Inc.’s would like to undertake a policy of paying out 45% of its income. Its latest net income was $1,250,000, and it had 225,000 shares outstanding. What dividend per share should it declare? Is this the question you were […]

Big accounting problem, lots of parts, plenty of answers…far to many for one question. Sears Corporation prepares quarterly financial statements. The balance sheet at 12/31/11 is presented below. Balance Sheet 12/31/2011 Cash $24,300 Accounts payable $22,370 Accounts receivable 22,400 Common stock 85,000 Allowance for doubtful accounts (1,200) Retained earnings 23,130 Land 20,000 Equipment 30,000 Accumulated […]

help im confussed Sanders Company reports the following information for 2012: cost of goods manufactured $69,500 Direct materials used $27,000 Direct labor incurred $25,000 Work in process inventory, January 1, 2012 $11,000 Factory overhead is 75% of the cost of direct laor. Work in process inventory on December 31, 2012 is: a. $22,500 b. $12,250 […]

Tithe Corporation is contemplating purchasing equipment that would increase sales revenues Tighe Corporation is contemplating purchasing equipment that would increase sales revenues by $420,000 per year and cash operating expenses by $231,000 per year. The equipment would cost $747,000 and have a 9 year life with no salvage value. The annual depreciation would be $83,000. […]

The San Marcos Inn is trying to determine its break-even point. The inn has 50 rooms that The San Marcos Inn is trying to determine its break-even point. The inn has 50 rooms that are rented at $60 per night. Operating costs are as follows: Salaries $7,426 per month Utilities 1,591 per month Depreciation 1,061 […]