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Dermody Snow Removal’s cost formula for its vehicle operating cost is $2,850 per month plus $317 per snow-day. For the month of December, the company planned for activity of 16 snow-days, but the actual level of activity was 14 snow-days. The actual vehicle operating cost for the month was $7,640. The spending variance for vehicle operating cost in December would be closest to (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):

BW Department Store expects to generate the following sales for the next three months:   July August September Expected sales $490,000 $540,000 $580,000 BW’s cost of goods sold is 60% of sales dollars. At the end of each month, BW wants a merchandise inventory balance equal to 25% of the following month’s expected cost of goods sold. What dollar amount of merchandise inventory should BW plan to purchase in August? PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR.

Gipple Corporation makes a product that uses a material with the quantity standard of 7.3 grams per unit of output and the price standard of $6.00 per gram. In January the company produced 3,400 units using 24,870 grams of the direct material. During the month the company purchased 27,400 grams of the direct material at $6.10 per gram.   The materials price variance for January is (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):

Stegemann Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for May.     Fixed Element per Month Variable Element per Container Refurbished Actual Total for May Revenue   $5,300 $156,400 Employee salaries and wages $42,900 $1,300 $82,300 Refurbishing materials   $500 $15,100 Other expenses $42,900   $41,900 When the company prepared its planning budget at the beginning of May, it assumed that 27 containers would have been refurbished. However, 29 containers were actually refurbished during May.   The spending variance for “Employee salaries and wages” for May would have been closest to (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):

The blows per six inches recorded in an SPT test at a depth of 15 feet is as follows:   40, WOH.   What is the SPT N Value for this

Acti Manufacturing Corporation is estimating the following raw material purchases for the final four months of the year:   September $830,000 October $940,000 November $860,000 December $780,000 At Acti, 40% of raw materials purchases are normally paid for in the month of purchase. The remaining 60% is paid for in the month following the purchase. In Acti’s budgeted balance sheet at December 31, at what amount will accounts payable for raw materials be shown? PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR.

Arrange the five major soil types based on suitability of use as construction material (from most to least suitable):

One goal of bankruptcy law is to protect a debtor.

Mandalay Hotel bases its budgets on guest-days. The hotel’s static budget for August appears below: Budgeted number of guest-days   4,300 Budgeted variable costs:            Supplies (@$9.60 per guest-day)   $41,280        Laundry (@$9.40 per guest-day)   $40,420 Total variable cost   $81,700 Budgeted fixed costs:            Wages and salaries   $57,190        Occupancy costs   $52,030 Total fixed cost   $109,220 Total cost   $190,920 The total fixed cost at the activity level of 5,500 guest-days per month should be (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):  

The Standard Penetration Test, or SPT, involves driving a split spoon sampler using a hammer that weighs _________ lbs and is dropped from a height of _______ inches.