Carol ellen is the cost accountant for cc candy manufacturers. for the current year, carol expects to incur a total of $768,420 in manufacturing overhead costs and $465,710 in direct labor costs. cc candy’s variable overhead rate has been 80% of direct labor cost, and that rate is not expected to change. the standard direct labor cost per pound of candy is $5.60. what is cc candy’s standard fixed overhead cost per pound of candy?

How many months does the federal budget usually take to prepare

Which investment has the liquidity and can be converted into cash easily?

Alpine west, inc., operates a downhill ski area near lake tahoe, california. an all-day, adult ticket can be purchased for $55. adult customers also can purchase a season pass that entitles the pass holder to ski any day during the season, which typically runs from december 1 through april 30. the season pass is nontransferable, and the $450 price is nonrefundable. alpine expects its season pass holders to use their passes equally throughout the season. the company’s fiscal year ends on december 31. on november 6, 2009, jake lawson purchased a season ticket. required: 1. when should alpine west recognize revenue from the sale of its season passes? 2. prepare the appropriate journal entries that alpine would record on november 6 and december 31. 3. what will be included in the 2009 income statement and 2009 balance sheet related to the sale of the season pass to jake lawson?