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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
3. 1.)Ralston Company has income from operations of $75,000, invested assets of $360,000, and sales of $790,000.
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Required:
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Use the DuPont formula to calculate the rate of return on investment, and show (a) the profit margin, (b) the investment turnover, and (c) rate of return on investment.
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2.)Dexter Company's costs were over budget by $56,000. The Dexter Company is divided in two regions. The first region's costs were over budget by $8,000.
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Required: Determine the amount that the second region's cost was over or under budget.
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3.) The Harp Company produced 8,600 units of product that required 3.25 standard hours per unit. The standard variable overhead cost per unit is $4.00 per hour. The actual variance factory overhead was $111,000. Determine the variable factory overhead controllable variance.
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4.)The Harp Company produced 8,600 units of a product that required 3.25 standard hours per unit. The standard fixed overhead cost per unit is $1.20 per hour at 29,000 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance.
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