The transactions of Spade Company appear below. Kacy Spade, owner, invested $19,750 cash in the company in exchange for common stock. The company purchased office supplies for $573 cash. The company purchased $10,922 of office equipment on credit. The company received $2,331 cash as fees for services provided to a customer. The company paid $10,922 cash to settle the payable for the office equipment purchased in transaction c. The company billed a customer $4,187 as fees for services provided. The company paid $530 cash for the monthly rent. The company collected $1,759 cash as partial payment for the account receivable created in transaction f. The company paid a $1,200 cash dividend to the owner (sole shareholder).

Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

At cooly cola, we are testing the appeal of our new diet one cola. in a taste test of 250 randomly chosen cola drinkers, 200 consumers preferred diet one cola to the leading brand. assuming that the sample were large enough, the large-sample 95% confidence interval for the population proportion of cola drinkers that prefer diet one cola would be:

Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.