Everly company has determined a standard variable overhead rate of $2.75 per direct labor hour and expects to incur 1.0 labor hour per unit produced. last month, beverly incurred 1,100 actual direct labor hours in the production of 1,200 units. the company has also determined that its actual variable overhead rate is $2.70 per direct labor hour.

calculate the variable overhead rate and efficiency variances also indicate if the variable are favorable or unfavorable the total amount of over- or underapplied variable overhead. (indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable.)

variable overhead rate variance
variable overhead efficiency variance
over- or underapplied variable overhead

You have $5,300 to deposit. regency bank offers 6 percent per year compounded monthly (.5 percent per month), while king bank offers 6 percent but will only compounded annually. how much will your investment be worth in 17 years at each bank

The partnership of douglas, ryan, and ellen has dissolved and is in the process of liquidation. on july 1, 2016, just before the second cash distribution, the assets and equities of the partnership along with profit and loss sharing ratios were as follows: cash $30,000receivable - net $20,000inventories $25,000equipment - net $30,000total assets $80,000liabilities $12,000douglas, capital (20%) $28,000ryan, capital (50%) $24,000ellen, capital (30%) $16,000total liab./equity $80,000assume that the available cash is distributed immediately, except for a $2,000 contingency fund that is withheld pending complete liquidation of the partnership. how much cash should be paid to each of the partners? a. $3,200 douglas, $8,000 ryan, $4,800 ellenb. $5,600 douglas, $14,000 ryan, $8,400 ellenc. $16,000 douglas, $0 ryan, $0 ellend. $8,000 douglas, $0 ryan, $8,000 ellen

The dollar has appreciated against the currencies of many of the u.s.'s top trading partners. what outcome could this fall in foreign price levels have on aggregate demand