Business, 19.09.2019 01:00, maddiemalmstrom
Afavorable cost variance occurs when actual costs are more than standard costs standard costs are more than actual costs standard costs are less than actual costs actual costs are the same as standard costs
Answers: 1
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On january 1 of the current year, jimmy's sandwich company reported owner's capital totaling $128,000. during the current year, total revenues were $106,000 while total expenses were $95,500. also, during the current year jimmy withdrew $30,000 from the company. no other changes in equity occurred during the year. if, on december 31 of the current year, total assets are $206,000, the change in owner's capital during the year was:
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Afavorable cost variance occurs when actual costs are more than standard costs standard costs are mo...
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