World Company expects to operate at 80% of its productive capacity of 56,250 units per month. At this planned level, the company expects to use 22,500 standard hours of direct labor. Overhead is allocated to products using a predetermined standard rate of 0.500 direct labor hour per unit. At the 80% capacity level, the total budgeted cost includes $60,750 fixed overhead cost and $263,250 variable overhead cost. In the current month, the company incurred $338,000 actual overhead and 19,500 actual labor hours while producing 42,000 units. Required:
a. Compute the overhead volume variance.
b. Compute the overhead controllable variance.

Goods and services that can be used for the same purpose are and goods and services that are used together are

On january 1, 2018, red flash photography had the following balances: cash, $19,000; supplies, $8,700; land, $67,000; deferred revenue, $5,700; common stock $57,000; and retained earnings, $32,000. during 2018, the company had the following transactions: 1. february 15 issue additional shares of common stock, $27,000. 2. may 20 provide services to customers for cash, $42,000, and on account, $37,000. 3. august 31 pay salaries to employees for work in 2018, $30,000. 4. october 1 purchase rental space for one year, $19,000. 5. november 17 purchase supplies on account, $29,000. 6. december 30 pay dividends, $2,700. the following information is available on december 31, 2018: 1. employees are owed an additional $4,700 in salaries. 2. three months of the rental space has expired. 3. supplies of $5,700 remain on hand. 4. all of the services associated with the beginning deferred revenue have been performed.required: 1. record the transactions that occurred during the year.2. record the adjusting entries at the end of the year.3. prepare an adjusted trial balance.4. prepare an income statement, statement of stockholders’ equity, and classified balance sheet.5. prepare closing entries.

Select the correct answerwhat is the responsibility of each of the twelve federal reserve's banks in their districts? a.they set the prime rateob.they monitor functioning of banks in their through onsite and offsite reviewsc.they assess taxes in their destnictd.they write fiscal policies