Arryn, inc., owns 95 percent of stark corporation’s voting stock. the acquisition price exceeded book and fair value by $85,500 which was appropriately attributed to goodwill. stark holds 15 percent of arryn’s voting stock. the price paid for the shares by stark equaled 15 percent of the parent’s book value and the net fair values of its assets and liabilities. during the current year, arryn reported separate operating income of $228,000 and dividend income from stark of $52,500. at the same time, stark reported separate operating income of $78,000 and dividend income from arryn of $18,000. what is the net income attributable to the noncontrolling interest under the treasury stock approach?

Oerstman, inc. uses a standard costing system and develops its overhead rates from the current annual budget.the budget is based on an expected annual output of 120,000 units requiring 480,000 direct labor hours.(practical capacity is 500,000 hours)annual budgeted overhead costs total $772,800, of which $556,800 is fixed overhead.a total of 119,300 units, using 478,000 direct labor hours, were produced during the year.actual variable overhead costs for the year were $260,400 and actual fixed overhead costs were $555,450.required: 1. compute the fixed overhead spending variance and indicate if favorable or unfavorable.2. compute the fixed overhead volume variance and indicate if favorable or unfavorable.

Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u.s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is

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