Blink Co. uses a job-order costing system. The following data relate to the just completed month's operations. Raw materials purchased on account $379,447 Direct materials used in production $360,910 Indirect materials used in production $15,070 Direct labor costs incurred $161,925 Indirect labor costs incurred $13,910 Depreciation recorded on factory equipment $112,000 Other actual factory overhead costs incurred $50,030 Factory overhead costs applied to jobs $194,310 Costs of jobs completed and transferred from Work in Process to Finished Goods $702,115 Cost of Goods Sold $710,860 Beginning balance, Work in Process Inventory $78,663 Beginning balance, Raw Materials Inventory $67,155 Ending balance, Raw Materials Inventory $70,622 Beginning balance, Finished Goods Inventory $88,420 Ending balance, Finished Goods Inventory $79,675 The amount of under- / overapplied factory overhead for the month would be: a. $8,745 underapplied b. There is no under- or overapplied factory overhead c. $3,300 overapplied d. $8,745 overapplied e. $3,300 underapplied

Kahn company's static budget was based on sales volume of 12,000 units. its flexible budget was based on sales volume of 14,000 units. based on this information multiple choice the sales volume variance is expected to be unfavorable. the materials cost volume variance is expected to be favorable. the labor cost volume variance is expected to be unfavorable. none of the answers is correct.

Which of the following is an effective strategy when interest rates are falling? a. use long-term loans to take advantage of current low rates. b. use short-term loans to take advantage of lower rates when you refinance a loan. c. deposit to a short-term savings instrumentals to take advantage of higher interest rates when they mature. d.select short-term savings instruments to lock in earnings at a current high rates.

Nell and kirby are in the process of negotiating their divorce agreement. what should be the tax consequences to nell and kirby if the following, considered individually, became part of the agreement? a. in consideration for her one-half interest in their personal residence, kirby will transfer to nell stock with a value of $200,000 and $50,000 of cash. kirby's cost of the stock was $150,000, and the value of the personal residence is $500,000. they purchased the residence three years ago for $300,000.nell's basis for the stock is $ xkirby's basis in the house is $ xb. nell will receive $1,000 per month for 120 months. if she dies before receiving all 120 payments, the remaining payments will be made to her estate.the payments (qualify, do not qualify) as alimony and are (included in, excluded from) nell's gross income as they are received.c. nell is to have custody of their 12-year-old son, bobby. she is to receive $1,200 per month until bobby (1) dies or (2) attains age 21 (whichever occurs first). after either of these events occurs, nell will receive only $300 per month for the remainder of her life.$ x per month is alimony that is (included in, excluded from) nell's gross income, and the remaining $ x per month is considered (child support, property settlement) and is (nontaxable, taxable) to nell.