In accounting i dont ! 1. setting standards for a product may involve many employees of the company. identify some of the employees who may be involved in setting the standard costs and describe what their role might be in setting those standards. 2. smithson, inc. is manufacture of lead crystal glasses. the standard materials quantity is 0.9 pound per glass at a price of $0.45 per pound. the actual results for the production is 7,100 glasses were 1.3 pounds per glass at a price of $0.55 per pound. calculate the materials price variance and the materials efficiency variance. 3. the standard direct labor time is 1/4 hour per glass, at a price of $15.00 per hour. the actual results for the production of 6,800 glasses were 1/3 hour per glasses, at a price of $14.00 per hour. calculate the labor price variance and the labor efficiency variance.

Elliott company produces large quantities of a standardized product. the following information is available for its production activities for march. units costs beginning work in process inventory 2,500 beginning work in process inventory started 25,000 direct materials $ 3,725 ending work in process inventory 5,000 conversion 11,580 $ 15,305 status of ending work in process inventory direct materials added 185,750 materials—percent complete 100 % direct labor added 182,375 conversion—percent complete 30 % overhead applied (140% of direct labor) 255,325 total costs to account for $ 638,755 ending work in process inventory $ 62,530 prepare a process cost summary report for this company, showing costs charged to production, unit cost information, equivalent units of production, cost per eup, and its cost assignment and reconciliation. use the weighted-average method. (round "cost per eup" to 2 decimal places.)

How do communism and socialism differ in terms of the role that government plays in the economy ?

For the year, uptowne furniture had sales of $818,790, costs of $748,330, and interest paid of $24,450. the depreciation expense was $56,100 and the tax rate was 34 percent. at the beginning of the year, the firm had retained earnings of $172,270 and common stock of $260,000. at the end of the year, retained earnings was $158,713 and common stock was $280,000. any tax losses can be used. what is the amount of the dividends paid for the year? a. $6,466 b. $7,566 c. $5,266 d. $6,898 e. $7,066