Contributory negligence, if established, is a complete defense to negligence
Indicate whether the statement is true or false
True
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A manufacturer, using a standard cost system, purchased 250 units of direct materials at a cost of $2 per unit. The standard cost per unit of direct materials is $1.85.
Prepare the journal entry to record the direct materials cost variance at the time of purchase. Omit explanation.
Data for Kennedy Realty are as follows: ?Total assets at January 1$100,000?Total liabilities at January 135,000?Total revenues for the year79,000?Total expenses for the year47,000Dividends of $30,000 were paid during the year. There were no stockholder investments. Using the above data, prepare Kennedy Realty's Statement of Retained Earnings for the year ended December 31.
What will be an ideal response?
A prospect list that is generated internally is typically considered ________ than a prospect list generated from external sources
A) more expensive B) less reliable C) less potentially profitable D) more in-depth E) more valuable
Halley Company budgets overhead at $600,000 for its milling department based on a budgeted volume of 150,000 direct labor hours. At the end of the period, the factory overhead control account for the milling department had a debit balance of $550,000; actual direct labor hours were 140,000 . After closing the applied factory overhead account, what is the balance in the factory overhead control
account? a. $50,000 over-applied b. $10,000 under-applied c. $50,000 under-applied d. $10,000 over-applied