* Informal and positive: "Everything is hunky-dory with the project, we're right on schedule."
* Sarcastic: "Don't worry, everything's hunky-dory here, even though the roof is leaking and the power's out."
* As a response: "How's the new job going?" "Oh, it's hunky-dory, couldn't be better!"
* Emphasizing a positive situation: "I know you're worried, but trust me, everything is hunky-dory."
Remember, "hunky-dory" is an informal expression, so it's best used in casual conversations.