As applicable in your calculations, use the following method…

As applicable in your calculations, use the following methods for rounding purposes: (i) do not round any required intermediate calculated values(ii) round final answers to the nearest whole dollar L. Frank Inc. is preparing its annual flexible budget performance report. The planning budget was prepared assuming 7,200 hours of direct-labor, while 7,000 hours of direct-labor were actually worked during the year. The company denotes the quantity of direct-labor hours in their cost formulas as variable “x”. Use the below information related to L. Frank Inc.’s flexible budget to calculate the requested values. Important: please do not use commas, spaces, $ signs, or any other punctuation in your answers. Express all numeric answers as positive values, regardless of calculations. Part IV. Question 1: What is the planning budget total dollar amount for insurance? _______ Part IV. Question 2: What is the direct materials activity variance? Enter the dollar amount in the first blank as a positive value rounded to the nearest whole dollar, and indicate whether the variance is favorable or unfavorable in the second blank by entering the letter F or U, respectively. _______ _______ Part IV. Question 3: What is the direct labor spending variance? Enter the dollar amount in the first blank as a positive value rounded to the nearest whole dollar, and indicate whether the variance is favorable or unfavorable in the second blank by entering the letter F or U, respectively. _______ _______

The following information was available for Pete Company at…

The following information was available for Pete Company at December 31, 2015: beginning inventory $90,000; ending inventory $70,000; cost of goods sold $984,000; and sales $1,350,000. Pete’s days in inventory in 2015 was (Round answer to the nearest whole number)

As applicable in your calculations, use the following method…

As applicable in your calculations, use the following methods for rounding purposes: (i) do not round any required intermediate calculated values(ii) round final answers to the nearest whole dollar Picacho Party Planners (Picacho) offers small to medium-scale local event planning services, including day-of set-up, tear-down, and catering. Each event on average requires food for 100 attendees that Picacho can either make in-house or purchase from a third-party supplier at $7,500 per event. Current demand averages 50 events annually. If Picacho does not outsource food preparation, commercial kitchen space with all necessary equipment included will need to be leased costing $86,000 per year. A new chef and kitchen staff will also have to be hired, representing cumulative salaries and benefits of $220,000 per year. Additional incremental cost information to prepare meals to meet average event demand internally is as follows: Part III. Question 1: What would be the total cost per event for Picacho to prepare meals in-house?  Select one answer.

Sam experiences severe mood swings. One month he is experien…

Sam experiences severe mood swings. One month he is experiencing the symptoms of major depression and then he will experience a week of sudden, rapidly escalating emotional state characterized by euphoria and excitement. This has been a pattern for many years. Sam is most likely experiencing a mood disorder. Which one?