Business, 17.12.2019 06:31 kcceff4085
The data below relate to the month of april for monroe, inc., which uses a standard cost system and a two-variance analysis of factory overhead:
actual direct labor hours used
16,500
standard direct labor hours allowed
16,250
actual total factory overhead
$53,200
budgeted fixed factory overhead
$12,000
budgeted activity in hours
16,000
total overhead application rate per standard direct labor hour
$3.25
variable overhead application rate per standard direct labor hour
$2.50
what was monroe's production-volume variance for april?
a.
$187.50 favorable
b.
$187.50 unfavorable
c.
$437.50 favorable
d.
$437.50 unfavorable
Answers: 2
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This problem has been solved! see the answercompute and interpret altman's z-scoresfollowing is selected financial information for ebay, for its fiscal years 2005 and 2006.(in millions, except per share data) 2006 2005current assets $ 4,970.59 $ 3,183.24current liabilities 2,518.39 1,484.93total assets 13,494.01 11,788.99total liabilities 2,589.38 1,741.00shares outstanding 1,368.51 1,404.18retained earnings 4,538.35 2,819.64stock price per share 30.07 43.22sales 5,969.74 4,552.40earnings before interest and taxes 1,439.77 1,445.18compute and interpret altman z-scores for the company for both years. (do not round until your final answer; then round your answers to two decimal places.)2006 z-score = answer2005 z-score = answerwhich of the following best describes the company's likelihood to go bankrupt given the z-score in 2006 compared to 2007.the z-score in 2006 is half of the 2005 score. both z-scores are well above the score that represents a healthy company.the z-score in 2006 is double the 2005 score. the z-score has increased sharply, which suggests the company has greatly increased the risk of bankruptcy.the z-score in 2006 is half of the 2005 score. the z-score has decreased sharply, which suggests the company is in financial distress.the z-score in 2006 is double the 2005 score. the z-score has increased sharply, which suggests the company has greatly lowered the risk of bankruptcy.
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The data below relate to the month of april for monroe, inc., which uses a standard cost system and...
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